06/10/2010 10:32 am ET Updated May 25, 2011

Publishing Industry Stunned By Penguin's David Davidar's Departure

The tight-knit Canadian publishing industry roiled with speculation and dismay yesterday following the surprise news that David Davidar, the former head of Penguin Canada who is now leading the iconic firm's new international division from Toronto, had suddenly decided to leave the company.

Widely credited for engineering a turnaround in the local imprint's fortunes since he took over in 2003, India-born Davidar signed up such writers as Joseph Boyden and Michael Winter to boost the bird's fiction lists.

Read more on Globe and Mail