Harvard Business Publishing announced that CEO David Wan will retire this coming June after leading the publisher since 2002. Josh Macht, senior v-p and chief product innovation officer, will take over as acting CEO upon Wan’s retirement until a permanent successor to Wan is found.

Wan joined HBP from Penguin, where he had been president. Wan moved to Penguin following its purchase of the Simon & Schuster K-12 educational publishing group, of which he was president.Since joining HBP, a subsidiary of Harvard Business School, Wan is credited with growing its revenue from approximately $90 million to $270 million. The publisher focuses almost entirely on the practice of management.

In a statement, senior associate dean Das Narayandas praised Wan for his leadership in steering the publishing company's higher education, corporate learning, and Harvard Business Review groups “through truly seismic market shifts” while extending HBP’s “mission to leaders around the globe and throughout the arc of their careers.”

Macht joined HBP in 2006 as managing director for new publishing ventures and became executive v-p and HBR group publisher in 2013. He was named HBP’s first chief product innovation officer and chair of the Product Management Council in 2017 and, from 2018-2020, took on additional responsibility for leading HBP’s higher education group.