Penguin Random House UK’s group commercial director, Nigel Waters, is to leave the business at Easter.
The company is still working out where Waters’ team will report, and an announcement about some new roles and responsibilities is to follow in the coming weeks, PRH said.
Ian Hudson, deputy c.e.o. of PRH UK, said Waters had decided over Christmas that "the time had come to try something new and we have reluctantly agreed”.
Waters said: “I’ve had a completely wonderful 21 years here and I’m sad to be leaving so many brilliant colleagues and exciting projects. But, as I approach a significant birthday [thought to be 50], I really do feel that now is the time to properly explore new work and lifestyle experiences, away from Penguin Random House and I’m grateful to Ian for his consideration as I’ve thought this through over the course of the last year. I shall miss everyone, but take with me a wealth of very happy memories.”
Waters joined Ebury in 1993, and held a variety of roles across Transworld, Random House Children’s, and business developments.
He became Random House group commercial director in 2009 and since then has led the development of the group International e-book business and the creation of the Random House Enterprises division including the ‘live’ events business and the children’s TV joint venture RHCSE.
As commercial director, he has also managed the legal and contracts teams and the publishing IT department at various times. Since the merger that created Penguin Random House, Waters has led e-book negotiations on behalf of the company, has been working on developing the PRH business in China, and on bringing PRH’s delivery of metadata to an “industry-leading standard”.
Hudson said: “Nigel has not only been a great friend and an enormous pleasure to work with but also someone I could call upon to tackle a multiplicity of new challenges or business development opportunities. His ability to quickly build new working relationships, manage complex issues across the organisation and to know when to lead and when to offer guidance has proved invaluable.
“I know everyone will want to join me in wishing Nigel all the very best for the future and we will ensure there is a suitable send-off at the appropriate time.”