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David Young, CEO of the Orion Publishing Group and Deputy CEO of Hachette UK, is retiring at the end of the year.

David Shelley will take over Young’s role on January 1, 2016, and will also continue as  CEO of Little, Brown Book Group.

Young began his career in publishing in the UK at Thorsons in 1970.  During his career he served as Managing Director of HarperCollins Trade Division UK and Chief Executive of Time Warner Book Group UK, as well as CEO of Hachette Book Group.

“For me, one of the great joys of Hachette’s acquisition of the Time Warner Book Group was getting to know David.  From the very beginning of our working relationship, David was a pleasure to work with,” stated Arnaud Nourry, Chairman and Chief Executive Officer of Hachette Livre. “Under his leadership, the newly-created Hachette Book Group quickly grew to be one of the most successful and admired publishing houses in the US, discovering great talent and publishing many wonderful and original books and authors to global success.”

“David Shelley is the perfect successor to David Young,” stated Tim Hely Hutchinson, group CEO of Hachette UK. “They share much more than just a name; David Shelley has the flair, vision and talent needed to lead Orion and Katie Espiner’s appointment is his first stroke of brilliance.”

In addition to the change in leadership, the publisher has revealed several people moves. Katie Espiner, the current publisher of The Borough Press and HarperFiction (including HarperVoyager) will be appointed managing director of the Orion Publishing Group later this year.(Lisa Milton will continue as managing director until then after which she will become a consultant to the company). Jon Wood, currently Deputy Group Publisher and Managing Director of Fiction for Orion, will become Publisher of the Orion Publishing Group in January, reporting to Espiner.

Little, Brown and Company publisher Michael Pietsch will be the new CEO at Hachette Book Group after April 1st. Pietsch will lead the search for his own replacement after 11 years at the helm of the Hachette Book Group division.

After seven years as CEO, David Young will step down next year. Back in the UK, Young will assume the role of deputy chief executive of Hachette UK and CEO of Orion Publishing Group. Starting in June 2013, he will replace retiring Peter Roche in those roles.

Here’s more about the leadership changes, from the official memo: “Effective immediately, Ken Michaels, HBG’s Chief Operating Officer, is promoted to President and Chief Operating Officer … David Young will also chair Hachette Livre’s Chief Operating Officers’ council, covering France, UK, USA and Spain, to help all parts of Hachette Livre benefit from his understanding of the publishing processes, systems, and efficiency.”

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