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| Jaci Updike | |
As part of an effort to drive sales growth, Penguin Random House is promoting three executives: Jaci Updike, president of sales and marketing, is promoted to chief revenue officer, Penguin Random House U.S.; Jeff Weber, senior v-p, director, online & digital sales, is promoted to deputy chief revenue officer, Penguin Random House U.S.; and Michael Rotondo, v-p, online & digital sales, is promoted to senior v-p of online & digital sales.
In a memo to staff, CEO Nihar Malaviya said, "As I shared in the global town hall, our cultural aspirations and commercial objectives are directly linked together. Commercial success, in the form of higher sales and profits, enables us to invest more into publishing even more books that help us achieve our cultural mission... I am confident that under their leadership, our Sales and Consumer Marketing teams will continue to grow our sales by excelling in our mission of publishing great books and connecting them with readers everywhere.
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| Jeff Weber | |
Updike began her career at the company as a Bantam Books field rep, and since then, Malaviya said, she "has demonstrated a deep understanding of the challenges and opportunities within our industry and has continuously delivered outstanding results. Steadfast in the face of rapid market transformation, Jaci has been instrumental in expanding our reach and engagement with customers across all physical and digital channels, strengthening our position in the market." In her new position, she will "continue to oversee all aspects of our Sales and Consumer Marketing operations and continue to collaborate with her partners across other Penguin Random House businesses."
Weber has been with the company for 22 years, beginning as a sales rep. Malaviya called him "an innovative, strategic visionary, navigating our company through various marketplace disruptions while delivering exceptional growth and performance in our online and digital channels. Jeff has been a key partner to me and many others in developing and executing our digital strategy, forging strategic alliances with Amazon, Apple, Audible, Google, and Spotify, as well as launching new initiatives and platforms to enhance our online presence and capabilities."
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| Michael Rotondo | |
Rotondo has been with the company for more than 10 years, and, Malaviya said, "has been instrumental in optimizing our online merchandising and further improving and refining our operational relationships and processes. By creating and executing innovative and effective campaigns, Michael has driven awareness, discovery, and conversion of our titles and has played a key part in enabling us to best position our books and authors for continued success at the online accounts. In his new role, Michael will continue to oversee our sales efforts at all of our major online accounts and will also take on a more strategic role in shaping our online and digital marketing vision and direction."