Rausing to become 'hands on' at Granta

<p>Millionaire philanthropist Sigrid Rausing and her husband Eric Abraham, the owners of Granta and Portobello Books, are to take a more hands-on role at the enterprises they own. The news comes following the announcement earlier (10th June) that m.d. David Graham has resigned, and after Granta magazine&#39;s editor Alex Clark left a fortnight ago.</p><p>Rausing told <em>The Bookseller</em>: &quot;We are not replacing David&#39;s role, so that is a kind of redundancy. [publisher] Philip Gwyn Jones and [finance director] Kate Gibb will take on expanded roles and Eric and I will become more involved.&quot; Rausing said that she will work with &quot;content and covers&quot;, while Abraham will focus &quot;on the business side&quot;.</p><p>She added that Granta magazine was not looking for another editor, now that John Freeman, previously Granta&#39;s American editor, had become its acting editor. &quot;The thought is that he will become the editor,&quot; Rausing said. Freeman will now be based half of the time in London, and half in New York</p>