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Houghton Mifflin Harcourt CEO Resigns

hmcologo2.jpgHoughton Mifflin Harcourt CEO Barry O’Callaghan has resigned. According to a spokesperson, he will remain as a senior adviser at the company.  CFO Michael Muldowney has been asked by the publisher’s board to serve as interim CEO.

O’Callaghan’s Riverdeep Houghton Mifflin Group bought Harcourt in 2007. Last year, the CEO commented on the company’s struggles to refinance its debt: “Nobody has lost more on paper than I have. Obviously I’m disappointed for my fellow shareholders, but I can’t be blamed for things I can’t control, and unfortunately state budgets are things I can’t control.”

Former CEO Tony Lucki retired in 2009.  O’Callaghan–the CEO of Education Media & Publishing Group, the Dublin-based owners of the conglomerate publisher–replaced him.

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Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.