Milena Alberti, CFO of Penguin Random House since 2015, is leaving the company at the end of the year, the Bookseller reported. A new CFO will be appointed in first quarter of next year, and until then, deputy CFO James Johnston will lead the Finance Group.
"On behalf of the Penguin Random House Global Executive Committee, I thank Milena enormously for her tireless dedication to our company, and for sharing in our collective passion for books," PRH CEO Markus Dohle said. "We wish her every future success."
Alberti joined Random House more than 16 years ago. She led the Vintage Español U.S. imprint from 2004 to 2010, before being named v-p, mergers and acquisitions, for Random House. In 2011, she became head of the corporate development and strategy team, and in 2014, she became head of global corporate finance. She was key in expanding PRH's Spanish-language business through the buyout of Mondadori and leading the acquisition of Santillana and Ediciones B for PRH Grupo Editorial.