Monday, June 2, 2008

ZONDERVAN REALIGNS COMPANY STRUCTURE

GRAND RAPIDS, Mich., May 27, 2008 – Zondervan today announced a realignment of its organizational structure intended to streamline the company’s operations by reducing management layers and forming eight strategic business units. These autonomous business units will have combined publishing and marketing resources to create clear accountabilities and focus for each of Zondervan’s core markets: Youth Specialties, Vida (Spanish), Bibles, Trade Books, Church/Academic Reference and Resources, Zonderkidz, Digital, and Church Engagement.

“This realignment is intended to increase our velocity and ensure that Zondervan can remain competitive, healthy, relevant and true to our mission for years to come,” said Moe Girkins, president and CEO of Zondervan. “We are living in a rapidly changing world, and we must adapt as a company, while building on our 75 year heritage as a trusted communications leader, to meet the needs of today’s Christians and the spiritually intrigued wherever they may be.”

As a result of the realignment, Zondervan is reducing five executive positions and about a dozen others. One of the results of this new structure is the elimination of the Executive Vice President of Publishing position, which has long been held by Scott Bolinder.

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