A longtime Canongate director, Charlie McVeigh, has stepped down from the board after 26 years with the company.
The founder and investor resigned and his oldest son, also called Charlie, will take his place.
Canongate c.e.o. Jamie Byng said: "It is with much sadness that we accepted Charlie McVeigh’s recent decision to step down from Canongate’s board of directors. Charlie played an important role when we acquired the business back in 1994 and has been a director of the company since, contributing sound advice and support throughout this period, helping to steer Canongate with his financial acumen, and applying his sharp analytical mind to the variety of opportunities and decisions that came our way, not least with audio, which he was a very early champion of. He will be much missed.
"The silver lining is that his eldest son Charlie will be joining the board in his place, ensuring continuity with the McVeigh family, who remain key shareholders in the company. I am very excited at this prospect, given Charlie’s financial savvy, entrepreneurial spirit and passion for literature."
McVeigh (junior) has spent his career creating, building and selling brands and businesses, and sold his chain of craft beer pubs the Draft House to Scottish brewer BrewDog PLC in 2018.