Penguin Random House: Paul Kelly to lead DK US business

Today DK, the world’s leading illustrated reference publisher, announced Paul Kelly will assume responsibility for its largest market, the US, as President, DK US, in addition to his current role as DK CFO & Strategy Director, under the leadership of CEO Carsten Coesfeld.

Coesfeld said: “Our US business is our biggest opportunity for growth and already we have seen a strong Q1 performance. Having worked closely with our talented team over the past few months I am convinced that there is so much more we can achieve together. During the last year we have seen increased demand for our inspiring books and what we do is more relevant than ever because people need trusted sources to help them understand the world.”

Kelly will take on the leadership for DK US with immediate effect. He has an impressive mix of international publishing and digital experience at both DK and Penguin Random House and understands the unique complexity of its business.

Coesfeld said: “Paul’s wealth of experience, collaborative leadership and entrepreneurial spirit delivers results, and his position on the DK Board will ensure the US is central to our future success.”

Kelly said: “I am very excited to take up this new opportunity and work closer with our talented US team. The US market presents huge potential for DK and I am looking forward to accelerating our strategic plans to grow our sales and reach more readers.”