The reason for Prichard’s departure after five years at the helm of Ingram Content Group has not yet been determined.
Spokesperson Keel Hunt told Digital Book Wire that Ingram has no further comment on the matter beyond the release below.
Current Ingram chairman John Ingram will assume CEO duties on June 8 when Prichard departs.
Skip Prichard to depart Ingram Content Group
NASHVILLE – David (Skip) Prichard, the president and chief executive officer of Ingram Content Group, announced today he will leave the company effective June 8. Until then he will ensure a smooth transition to Chairman John R. Ingram who will assume the CEO duties.
Mr. Prichard joined Ingram in 2007. Under his leadership the Ingram businesses were reorganized and in 2009 fully integrated into a new company called Ingram Content Group Inc. Mr. Prichard designed a new strategy around market segments, helping transition the company to a services provider for publishers.
Mr. Ingram noted today that in large part due to Mr. Prichard’s leadership the integration has been very successful with Ingram’s business growing significantly over the past three years.
“Skip rebranded and refocused our efforts within Ingram Content, and through a well designed strategy, hard work and energetic leadership repositioned our companies to succeed in the fast changing publishing environment.”
Mr. Prichard commented on his tenure at Ingram and his future plans.
“When John hired me five years ago, he shared his vision and I signed on to make that vision a reality. I signed up to accomplish certain goals, and those goals have all been met one by one. With solid positions in all of our markets yielding terrific results, I feel I have accomplished what I set out to do. I now will do some consulting and then look for a new role that will consume me as much as this one has. I’ve enjoyed every minute of my time at Ingram.”
In addition to spearheading critical business changes at Ingram, Mr. Prichard also launched an online blog called “Leadership Insights” (www.skipprichard.com) in which he shares leadership principles and interviews thought leaders. Mr. Prichard said he would continue his successful blog even after he leaves Ingram Content Group.
Mr. Ingram said as CEO he will “continue to focus Ingram’s capabilities to help content creators, publishers, institutions and retailers respond to the changing content marketplace and to provide creative solutions across the content supply chain.”
Ingram Content Group, a division of Nashville-based Ingram Industries Inc., provides books, music and media content to over 35,000 retailers, libraries, schools and distribution partners in over 200 countries. More than 21,000 publishers use Ingram’s fully integrated physical and digital solutions and programs to realize the full business potential of books.