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Houghton Mifflin Harcourt’s Chief Steps Down

Unexpectedly, the publisher, Becky Saletan, of adult trade books at Houghton Mifflin Harcourt has quit .  The reasons for Saletan's resignation is unknown, but the article speculates about an impending sale of HMH

Houghton Mifflin Harcourt has reportedly been hit hard by the tight credit market and any halt on acquisitions is widely believed to be in anticipation of a possible sale. Their owner, the private-equity concern Education Media and Publishing Group, has acknowledged that rival publishers have expressed interest in buying HMH.

Jane Litte is the founder of Dear Author, a lawyer, and a lover of pencil skirts. She self publishes NA and contemporaries (and publishes with Berkley and Montlake) and spends her downtime reading romances and writing about them. Her TBR pile is much larger than the one shown in the picture and not as pretty. You can reach Jane by email at jane @ dearauthor dot com

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