Madeline McIntosh, the President and CEO of Penguin Random House, has announced that she will be stepping down from her role at the company. McIntosh has been with the company for over a decade, and CEO since 2018, playing a significant role in its growth and success during her tenure.

Under McIntosh’s leadership, Penguin Random House became the largest trade publisher in the world and expanded its reach globally. During her time at the company, she has overseen the acquisition of several major publishing houses and has been instrumental in the launch of several successful imprints. 

In a statement, McIntosh said, “It has been a privilege to lead Penguin Random House, and I am proud of all that we have achieved together. I am confident that the company will continue to thrive and reach new heights in the future.”

Despite her departure, McIntosh will continue to work with the company in an advisory capacity. The company has not yet announced who will replace McIntosh as the President and CEO. Her decision comes just weeks after the resignation of the global CEO, Markus Dohle, and the retirement of Random House Publishing Group head Gina Centrello.

McIntosh’s departure from Penguin Random House comes at a time of significant change in the publishing industry. These resignations follow last fall’s ruling by a federal judge to block the company’s attempted purchase of rival publisher Simon & Schuster, and an antitrust trial in Washington, D.C. last summer that revealed tensions among Penguin Random House executives.

Penguin Random House officially begins its distribution to Book Market retailers for all Marvel Comics titles beginning this Spring. Penguin Random House and Marvel announced a multi-year distribution agreement back in March 2021.