22th July 2013
Malcolm Edwards, Chairman of Hachette Australia and New Zealand, today announced the following:
“It is with great sadness that today, we announce a restructuring of our New Zealand business, which will involve the immediate relocation of the finance, administration, and IT functions to Australia and the closure of Hachette's New Zealand publishing unit, after the 2013 programme has been published.
“Our long serving management team of Kevin Chapman, Managing Director; Warren Adler, Editorial Director; and Rick Groufsky, Financial Controller are to leave the company. Regrettably, we expect that approximately 12 other jobs will be lost. Kevin, Warren and Rick have made an enormous contribution to the company over many years, which will be marked in the appropriate way, at a later stage. I am grateful to them for agreeing to stay until the restructuring is completed to ensure that it goes seamlessly.
“Hachette New Zealand will become solely focused on the marketing, promotion and sales of our international titles and the New Zealand backlist. Mel Winder, as Sales & Marketing Director, will lead the company, reporting to Matt Richell, CEO of Hachette Australia, with immediate effect.
“These changes have been caused by the diminution of our business in New Zealand, caused largely by the increased sourcing of books from overseas, at the expense of the local trade, and the rapid growth of e-books.”
EndsBugger. Hachette has been a great publisher – as it was in its previous incarnations as Hodder & Stoughton, Hodder Headline and Hodder Moa Beckett – and was great to work with. I have never laughed so much in a publisher’s office as I did with Kevin and Warren. This is terrible news for them, but also for the rest of the staff – and also for their authors, editors and others.
So next time you are tempted to buy a book from the Book Depository, just say no.