Content area
Full text
Speculation about who will take over the president's position at a combined Random House-Doubleday in Canada intensified in mid-August, but there was no word from Bertelsmann's New York offices about the nature or timing of a decision.
The appointment of a president, along with further changes at Bertelsmann's Canadian holdings, will likely be announced this fall. The German media conglomerate is expected to wait until the outcome of an Investment Canada review -- to be completed by mid-October to announce its intentions for Canada.
Run, ours in Canadian publishing circles that Neale was to be named to the top job were at least partly fuelled by an announcement in early July that several senior Bantam Doubleday Dell executives in the U.S. had been appointed to top positions in the new Random House. In particular, Peter Olson, who oversees BDD worldwide, was appointed chairman and CEO of Random House, and Erik Engstrom, the CEO of Bantam Doubleday...