Doug Stambaugh has been named Vice President of global eBook market development and strategy at Simon & Schuster, a newly created position that has been established to support the publisher’s growing global eBook business.
“Previously inaccessible segments of the global population now have 24/7 access to our entire catalog of books, fueling explosive growth in sales around the world,” wrote Carolyn K. Reidy, president/CEO of Simon & Schuster in a memo. “These welcome developments call for a globally coordinated, strategic approach to our worldwide ebook business…”
In his new role, Stambaugh will be tasked with developing the publisher’s eBook business and positioning its titles globally. He will work to establish company-wide eBook policies, and will report to Dennis Eulau, EVP of operations at Simon & Schuster.”Doug is ideally suited for this position,” wrote Reidy in the memo. Stambaugh has been with Simon & Schuster Digital since 2007. Prior to his promotion, he served as VP of business development at the publisher.
Here is more about the new role from Reidy’s memo:
He will work with sales colleagues from each of our companies to identify and evaluate opportunities for retail expansion, and new partnerships, digital channels and publishing initiatives. He will develop company-wide strategies, policies and best practices for all our domestic and international publishing units in areas ranging from terms and pricing to digital rights management, technology platforms and new business models. He will assist our teams from legal, sales, technology and operations in opening up new accounts and in negotiations with existing retailers, and will help all our divisions around the world to work in a unified fashion with our common retailers. We will also look to Doug to assist us in tapping the potential for ebooks in nonretail channels such as special sales and the school, library and academic markets.