Business Services Industry
Haights Cross Communications Appoints Paul Konowitch President of Sundance/Newbridge
Business Wire, Dec 22, 2005
WHITE PLAINS, N.Y. -- Haights Cross Communications, Inc. (HCC), a leading educational and library publisher, announced today that Paul Konowitch has been appointed President and CEO of Haights Cross' Sundance/Newbridge publishing unit. He succeeds Robert Laronga, who is retiring. The appointment is effective, January 9, 2006.
Peter J. Quandt, HCC Chairman and CEO, said: "Since Paul Konowitch joined HCC in 2003, he has demonstrated strong leadership in helping us execute our strategic growth strategy. Paul led four successful acquisitions and has been instrumental is building a highly professional acquisition and integration process. He brings impressive business, financial management, and team building experience to his challenging new role at Sundance/Newbridge," Quandt said. "We also wish to thank Bob Laronga for his valuable contributions to HCC and Sundance/Newbridge. Under Bob's leadership, Sundance and Newbridge were successfully integrated, our Northborough operations center achieved outstanding efficiencies, our multi-tiered sales and marketing operations set an example for the industry, and Sundance/Newbridge's reputation for high-quality, innovative supplemental products increased significantly. We wish Bob well in his retirement."
Konowitch joined HCC in 2003 as Vice President for New Business Development. He was promoted to Senior Vice President for Corporate and New Business Development in 2004. Prior to joining HCC, Konowitch was a Managing Director at Gabelli Group Capital Partners and held earlier executive positions with The Thomson Corporation. Konowitch is a CPA and has earned B.A. and MBA degrees from Rutgers University.
About Haights Cross Communications:
Founded in 1997 and based in White Plains, NY, Haights Cross Communications is a premier educational and library publisher dedicated to creating the finest books, audio products, periodicals, software and online services, serving the following markets: K-12 supplemental education, public and school library publishing, audio books, and medical continuing education publishing. Haights Cross companies include: Sundance/Newbridge Educational Publishing (Northborough, MA), Triumph Learning (New York, NY), Buckle Down Publishing (Iowa City, IA), Options Publishing (Merrimack, NH), Recorded Books (Prince Frederick, MD), and Oakstone Publishing (Birmingham, AL). For more information, visit www.haightscross.com.
Safe Harbor Statement: This press release contains forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "could," "would," "expect," "plan," "anticipate," "believe," "potential" and similar expressions intended to identify forward-looking statements. These statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. These risks, uncertainties and other factors may cause our actual results, performances or achievements to be materially different from those expressed or implied by our forward-looking statements. Factors that may cause our actual results to differ materially from our forward-looking statements include, among others, changes in external market factors, changes in our business or growth strategy, or an inability to execute our strategy due to changes in our industry or the economy generally, the emergence of new or growing competitors and various other competitive factors. In light of these risks and uncertainties, there can be no assurance that the events and circumstances described in forward-looking statements contained in this press release will in fact occur. You should read this press release completely and with the understanding that our actual results may be materially different from what we expect. We will not update these forward-looking statements, even though our situation may change in the future. We qualify all of our forward-looking statements by these cautionary statements.
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