Maureen Egen, the publisher and deputy chairman of Hachette Book Group USA (formerly known as Time Warner Book Group), announced Tuesday that she will step down from "active management" of the company at the end of the year. Egen, who oversaw the publication of such commercially successful books as Alexandra Ripley's Gone With the Wind sequel Scarlett (Warner Books, 1991) and Robert James Waller's The Bridges of Madison County (Warner Books, 1992), will continue as an adviser to David Young, the company's chairman, until next summer.
Egen began her career at Doubleday more than forty years ago and became president and chief operating officer of Time Warner Book Group in 1998. In February, Time Warner Inc. sold its book publishing division to the French company Lagardère SCA for $537.5 million. The sale made Lagardère’s publishing division, Hachette Livre, the third largest publisher in the world.