Time Warner books chief resigns
Laurence J. Kirshbaum, the popular head of the Time Warner Book Group, announced Monday that he is stepping down.
Kirshbaum, 61, said that he will likely pursue a career as a literary agent so he “can work with authors in a more intimate way without all the stresses and strains of administering a large company.â€
He will stay on until the end of the year, when he will be succeeded by David Young, currently chairman and chief executive of the Time Warner Book Group UK.
After working as a correspondent for Newsweek, Kirshbaum joined the marketing department of Random House in the early 1970s, then moved to Warner Books in 1974. He was named president of Warner Books in 1984 and promoted to chairman of the Time Warner Book Group, which includes Warner Books and Little, Brown & Co., in 1996.
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