Walters to leave Hodder Education

<p>Philip Walters will step down as chief executive of Hodder Education in October this year. Walters is retiring from Hodder Education having worked at the company for more than 30 years, but plans to continue working in educational publishing. Hachette UK said Walters would assist the group c.e.o Tim Hely Hutchinson to appoint a successor. He will remain in his role until a replacement is appointed. </p><p>Hely Hutchinson said: &quot;Philip is a wise, generous and stimulating colleague who has been an enormous support to me since we started working together and to everyone he has worked with during his 33 years with the company, particularly latterly as a member of the main board of Hachette UK. It is completely typical that, while he is helping to recruit his successor, he is completely focussed on delivering another successful year for Hodder Education.&quot;</p><p>Walters joined the company in 1976 as a graduate trainee, and has held a variety of roles including editorial director, sales and marketing director and m.d of Hodder&#39;s educational business in South Africa. He was appointed m.d of Hodder &amp; Stoughton Educational in 1997, and was promoted to his current role in 2007.</p><p>Walters added: &quot;I have been immensely proud of all that has been achieved during my 33 years at Hodder Education. However the time has now come for the business to have new leadership, and for me to move onto other activities.&quot;</p><p>Walters is the second high profile member of the Hachette family to announce his departure in two weeks. A fortnight ago, Headline m.d and c.e.o of Hodder &amp; Stoughton, Martin Neild announced he would be stepping back from his role to start a consultancy business that will work in books and businesses in other arts, using Hachette as &quot;the anchor client&quot;. </p>