Toby Mundy, founder and CEO of Atlantic Books Limited, the British publishing company, has resigned effective June 30, after 14 years with the company. The board will announce plans for his replacement "in due course." Chairman Peter Roche said Mundy "has led the company throughout with great energy and total commitment. I thank him for his outstanding contribution and wish him every success in the future."
Noting that he started Atlantic Books "with the investment and encouragement of Morgan Entrekin of Grove/Atlantic, in my spare bedroom at home," Munday said he was "enormously proud of the firm's achievements in that time.... I am grateful to those colleagues and, of course, to our wonderful authors, for their friendship, trust and support."
He also noted that Allen & Unwin, Atlantic Books' new proprietor, have "been very supportive, as has Peter Roche, ABL's chairman, and I am grateful to them. But everything must come to an end and I feel sure that the time is right to pursue new adventures in this exciting, unpredictable industry. Our authors could not be in better hands and I look forward to toasting their future triumphs."
