David Steinberger

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David Steinberger
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Born
New York, USA
NationalityAmerican
CitizenshipUnited States of America
EducationMBA
Alma materColumbia University
OccupationBusinessman
OrganizationArcadia Publishing, National Book Foundation
TitleCEO and Chairman
Spouse(s)Dara Caponigro

David Steinberger is an American businessman, CEO of Arcadia Publishing and Chairman of the National Book Foundation.

Early life and education

Steinberger was born in New York. He graduated from Columbia University’s School of Engineering and earned an MBA from the Wharton School.[1]

Early career

Steinberger’s career began in New York City government where he rose to become Deputy Transportation Commissioner for Bridges[2]. According to the New York Times, Steinberger’s willingness to speak openly about public safety concerns contributed to his departure from the position in 1991.[3] After City Government, Steinberger joined management consultancy Booz Allen Hamilton.[2]

Publishing career

In 1996 Steinberger left Booz Allen Hamilton to join the publishing industry as President of the Adult Trade Group at HarperCollins Publishers, a Division of NewsCorp.[2] [4] Steinberger became CEO of Perseus Books Group in 2004.[5] After Steinberger completed a series of acquisitions[6] [7][8], Perseus Books was named Publisher of the Year in 2007 by Publisher’s Weekly which described the company as “arguably the most important independent publishing company in the nation.”[9] Perseus Books launched digital initiatives which the New York Times described as providing “hundreds of small publishers easier access to digital book technology” [10] [11] [12] [13] [14] Books published by Perseus included Friday Night Lights by Buzz Bissinger [15] [16], as well as books by chess champion Gary Kasparov, [17] Nobel Physics Prize-winner Richard Feynman, [18] and Nobel Peace Prize winner Leymah Gbowee.[19]. Steinberger sold Perseus Books in 2016 in 2 simultaneous transactions, to Hachette Books Group and Ingram Content Group,[20] [21] [22] after an earlier attempt at an exit transaction fell through.[23] [24]

In 2018, Steinberger and lead investors Michael Lynton , Chairman of Snap Inc., and Lily Lynton assembled an investor group to acquire independent publishing businesses, starting with Arcadia Publishing where Steinberger became CEO. [25] The investor group includes Len Blavatnik [26], Tony Ressler [26] and Walter Isaacson. [27] Arcadia, noted for its unique approach to publishing hyper-local titles [27] [28] subsequently acquired Pelican Publishing,[29] Wildsam [30]and River Road Press. [31]

Steinberger is Chairman of the National Book Foundation, presenter of the National Book Awards.. [32] During his tenure, the National Book Foundation in 2016 appointed Lisa Lucas as Executive Director, the first Black person and the first woman in that role[33] and launched Book Rich Environments, described by the LA Times as turning “book deserts into literary oases.”[34] Steinberger is also a board member of the Fund for the City of New York.[35]

Personal life

Steinberger is married to Dara Caponigro, [36] the creative director at F. Schumacher & Co., and former Editor-in-Chief at Veranda, Decoration Director at House Beautiful and Style Director at Domino.[37]

References

  1. ↑ "Helping the Independent Publisher". The Wharton Club of New York Magazine. Retrieved 2020-09-09.
  2. ↑ 2.0 2.1 2.2 Fried, Joseph P. (2003-05-25). "Following Up". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  3. ↑ "Opinion | The Bridge Time Bomb Remains". The New York Times. 1991-01-14. ISSN 0362-4331. Retrieved 2020-09-09.
  4. ↑ Pogrebin, Robin (1996-12-31). "HarperCollins Trade Unit Head Resigns in 'a Mutual Decision'". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  5. ↑ Journal, Jeffrey A. TrachtenbergStaff Reporter of The Wall Street (2004-10-25). "Buy ... and Buy Again". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-09-09.
  6. ↑ Rich, Motoko (2006-08-01). "Book Publisher Perseus Acquires Service Provider". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  7. ↑ Trachtenberg, Jeffrey A. (2007-01-22). "Small Publishers Look to Happy Ending". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-09-09.
  8. ↑ "Small publisher enters big leagues". connection.ebscohost.com. Retrieved 2020-09-09.
  9. ↑ "Publisher of the Year". PublishersWeekly.com. Retrieved 2020-09-09.
  10. ↑ Bosman, Julie (2008-09-03). "Small Book Publishers Offered New Technology". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  11. ↑ Trachtenberg, Jeffrey A. (2011-09-06). "Perseus Forms Digital-Services Venture in U.K." Wall Street Journal. ISSN 0099-9660. Retrieved 2020-09-09.
  12. ↑ Bosman, Julie (2011-10-02). "New Service for Authors Seeking to Self-Publish E-Books". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  13. ↑ "Book marketing's next chapter". Crain's New York Business. 2013-04-14. Retrieved 2020-09-09.
  14. ↑ Alter, Alexandra (2015-01-05). "When Mark Zuckerberg Likes a Book, Sales Soar". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  15. ↑ JOURNAL, Jeffrey A. TrachtenbergStaff Reporter of THE WALL STREET (2004-10-14). "'Friday Night Lights' Is Publisher's Big Game". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-09-09.
  16. ↑ Kelly, Keith J. (2015-07-22). "'Friday Night Lights' author to publish anniversary edition". New York Post. Retrieved 2020-09-09.
  17. ↑ Lozada, Carlos. "Garry Kasparov on his next book — and why Putin is like Tywin Lannister". Washington Post. ISSN 0190-8286. Retrieved 2020-09-09.
  18. ↑ Wyatt, Edward (2005-04-07). "The Scientist Is Gone, but Not His Book Tour". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  19. ↑ Bosman, Julie (2011-09-16). "Unusual Benefactor Finances Book Tour". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  20. ↑ Trachtenberg, Jeffrey A. (2015-09-09). "Perseus Books Hires Greenhill to Advise on Possible Sale". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-09-09.
  21. ↑ Alter, Alexandra (2016-03-01). "Hachette Reaches New Deal With Perseus Books". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  22. ↑ Trachtenberg, Jeffrey A. (2016-03-03). "Perseus Books Agrees to Sell Distribution Business to Ingram". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-09-09.
  23. ↑ Kaufman, Leslie (2014-06-24). "Hachette Adds Heft to Combat Amazon". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  24. ↑ Alter, Alexandra (2014-08-07). "Publisher Hachette's 3-Way Deal to Acquire Perseus Fails". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  25. ↑ Trachtenberg, Jeffrey A. (2018-05-02). "Signs of Life in Book Publishing Draw Big Investors to Startup". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-09-09.
  26. ↑ 26.0 26.1 Trachtenberg, Jeffrey A. (2018-05-02). "Signs of Life in Book Publishing Draw Big Investors to Startup". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-09-09.
  27. ↑ 27.0 27.1 Charles, Ron. "In the age of distraction, one small publisher keeps local history alive in sepia tones". Washington Post. ISSN 0190-8286. Retrieved 2020-09-09.
  28. ↑ Rooney, Kathleen (2019-07-23). "Letter of Recommendation: Arcadia Publishing". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  29. ↑ "Arcadia Will Buy Pelican Publishing". PublishersWeekly.com. Retrieved 2020-09-09.
  30. ↑ Facebook; Twitter; options, Show more sharing; Facebook; Twitter; LinkedIn; Email; URLCopied!, Copy Link; Print (2019-08-28). "Move over Google. Travel publishers are teaming up for grittier city intel". Los Angeles Times. Retrieved 2020-09-09. {{cite web}}: |last1= has generic name (help)
  31. ↑ Staff report. "River Road Press sold to South Carolina firm and combining its catalog with Pelican Publishing". NOLA.com. Retrieved 2020-09-09.
  32. ↑ Kaufman, Leslie (2012-11-11). "Book Awards Seek a Bigger Splash, Red Carpet and All". The New York Times. ISSN 0362-4331. Retrieved 2020-09-09.
  33. ↑ Williams, John (2016-02-10). "Lisa Lucas Named Executive Director of National Book Foundation". ArtsBeat. Retrieved 2020-09-09.
  34. ↑ Facebook; Twitter; options, Show more sharing; Facebook; Twitter; LinkedIn; Email; URLCopied!, Copy Link; Print (2017-01-05). "A nationwide effort launches to turn 'book deserts' into literary oases". Los Angeles Times. Retrieved 2020-09-09. {{cite web}}: |last1= has generic name (help)
  35. ↑ "[FCNY] Board Of Directors". www.fcny.org. Retrieved 2020-09-09.
  36. ↑ "Dara Caponigro, Editor, Is Married". The New York Times. 1992-02-16. ISSN 0362-4331. Retrieved 2020-09-09.
  37. ↑ "Schumacher's Creative Director Dara Caponigro Finds Professional and Personal Style Inspiration in the Past". Martha Stewart. Retrieved 2020-09-09.

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