Business / Celebrities

Head of publishing trade group, Tom Allen, stepping down

FILE - In this Feb. 19, 2015, file photo, Yahoo President and CEO Marissa Mayer delivers the keynote address at the first-ever Yahoo Mobile Developer's Conference, in San Francisco. Mayer stands to collect a $44 million severance package if she leaves after Verizon completes its purchase of the once-mighty internet company. Mayer hasn't announced plans to leave, but industry observers say she's unlikely to stay after the $4.8 billion sale closes early next year.(AP Photo/Eric Risberg, File)

FILE – In this Feb. 19, 2015, file photo, Yahoo President and CEO Marissa Mayer delivers the keynote address at the first-ever Yahoo Mobile Developer’s Conference, in San Francisco. Mayer stands to collect a $44 million severance package if she leaves after Verizon completes its purchase of the once-mighty internet company. Mayer hasn’t announced plans to leave, but industry observers say she’s unlikely to stay after the $4.8 billion sale closes early next year.(AP Photo/Eric Risberg, File)

NEW YORK (AP) — The head of the book publishing industry’s trade group is stepping down.

The Association of American Publishers announced Monday that Tom Allen, a former Maine congressman, will leave early next year. He has served as CEO of the association since 2009, presiding during a time of rapid growth of electronic books and conflict between publishers and the leading seller of digital works, Amazon.com.

Allen, 71, said in a statement that after 20 years of commuting to Washington he looked forward to returning to Maine and focusing on part-time and “mostly voluntary activities” such as writing and environmental conservation.

No successor to Allen has been named, but the association said a search is underway.

 

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