Leon Neyfakh grasps the significance of Doubleday vice president Michelle Rapkin's acceptance of an executive editor position at Hachette's Center Street imprint: She's the second VP this week to make the leap from 1745 Broadway to 237 Park Avenue, after former deputy editorial director Deb Futter agreed to join Grand Central as editor-in-chief of hardcovers beginning next January. [Correction: I've since been reminded that Rapkin actually left that Doubleday position in June 2005; the error is my fault for speed-reading the line in the press release that went "she was most recently Vice President and Director of Religious Publishing at Doubleday" and not double-checking the dates.)

What had sprung to my mind first, though, was that Rapkin was the second new executive editor at Hachette in the last two weeks, after Jaime Levine's internal promotion.