NEW YORK, October 22-Dennis Eulau has been promoted to the position of Executive Vice President, Operations and Chief Financial Officer of Simon & Schuster, Inc.  The announcement was made by Simon & Schuster President & CEO Carolyn K. Reidy, to whom Mr. Eulau will continue to report. 

            In his new role, Mr. Eulau will add to his portfolio responsibility for all of Simon & Schuster's financial operations, both domestic and international, including budgeting, forecasting, accounting, royalties, and risk management, corporate strategy and policy.  Mr. Eulau will work with the financial managers in Simon & Schuster's business units and in close coordination with his counterparts at CBS Corporation.  He will continue to have oversight of the company's book production, distribution and supply chain, and information systems and technology. 

            "Having worked side-by-side with Dennis since 1995, I have been witness to the leading role he has played in the many initiatives and changes that have made Simon & Schuster the company it is today," said Carolyn Reidy.  "He has helped us to strategize and work through countless complex business issues, and been at the center of many of our most critical business decisions.  This latest promotion is a natural step in his career, and I know that he is more than ready to apply his considerable business skills and talents to our corporate financial affairs."

            "One of the many keys to Simon & Schuster's success has been our strong financial management and operations" said Dennis Eulau.   "I now look forward to working with our first class finance staff to provide sound financial information and advice, and create the business environment that allows our publishers, authors, customers and clients to excel in a challenging marketplace."

            Mr. Eulau replaces David England, who has resigned from the company. 

            "Since 2003, David has done a superb job managing every aspect of our finances," said Carolyn Reidy.  His consummate financial skills and discipline have helped us to achieve the best possible operating results no matter the circumstance.  He leaves behind a first-rate financial organization, and we thank him for his many contributions to our success."

Mr. Eulau has served as Executive Vice President, Operations for Simon & Schuster since 2007.  Prior to that he was Senior Vice President and General Manager of the company's Adult Publishing Division.  He first joined Simon & Schuster in 1995 as Business Manager for the company's Trade Division.   Mr. Eulau has also held positions at Random House, Weight Watchers, and J. Walter Thompson.   Mr. Eulau, 48, holds M.B.A. and B.A. degrees from Pace University.   He lives on Long Island, New York with his wife and three children.

Simon & Schuster, a part of CBS Corporation, is a global leader in the field of general interest publishing, dedicated to providing the best in fiction and nonfiction for consumers of all ages, across all printed, electronic, and audio formats. Its divisions include Simon & Schuster Adult Publishing, Simon & Schuster Children's Publishing, Simon & Schuster Audio, Simon & Schuster Digital, and international companies in Australia, Canada, and the United Kingdom. For more information, visit our website at www.simonsays.com

CONTACT:                Adam Rothberg

                                    Vice President, Corporate Communications

                                    212-698-1132

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