The CEO of Simon & Schuster, Jonathan Karp, is stepping down from his position, but will remain with the company as the head of a new imprint.
“My north star has always been our authors and their books, and I have decided it’s time for me to return to the part of publishing that animates me the most,” Karp said in a statement Tuesday. “I remain deeply committed to our mission and am excited to remain a devoted shareholder who will support our next leader and the entire team however I can.”
