ViacomCBS has promoted Jonathan Karp to president and CEO of Simon & Schuster after putting the book publisher up for sale.
Karp succeeds Carolyn Reidy, the former president and CEO who passed away earlier this month at age 71 due to a heart attack.
Karp most recently served as president and publisher of Simon & Schuster Adult Publishing. His promotion follows ViacomCBS CEO Bob Bakish in early March telling an investors conference Simon & Schuster was being put on the auction block with an eye to a potential sale as the book publisher was no longer "a core asset of the company." “Jon embodies the values that Carolyn instilled at Simon & Schuster, and he is well-suited to guide the continued growth and evolution of this incredible global.