A bit of old news, but it’s still news for this week!

Pietsch Succeeding Young as CEO of HBG – Publishers Weekly

Michael Pietsch is taking over at Hachette Book Group. The publisher announced today that Pietsch will be succeeding David Young as CEO of the U.S. division of the France-based publisher. Young, who is stepping down to return to the U.K. to be with his family, will retain his chairman title, and Pietsch will officially take over the day to day responsibilites on March 31, 2013.

Um, can I move to the UK too?

Big transitions like this are huge for the industry. I hope Pietsch continues to do well, and that Young enjoys his last few months in the US before heading home.