Michael Shoults has been promoted to CEO of HBG US Distribution, succeeding Matt Wright who is becoming CFO, Hachette UK, following the retirement of Pierre de Cacqueray after 29 years with the company.
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| Michael Shoults | |
Shoults served for eight years in the U.S. Army, where he was commissioned as a lieutenant and had multiple deployments to Iraq and Afghanistan. Following an honorable discharge, he held leadership positions at Amazon, GameStop, and a private equity startup formerly known as Heyday. For the past year, he has been COO of HBG US Distribution.
David Shelley, CEO of HBG and Hachette UK, said, "Mike Shoults has made an enormous impact on our distribution business since he began in 2025. He is passionately devoted to making our distribution services better all the time, and his energy and vision are remarkable."
Wright said, "Mike is a visionary, his enthusiasm is infectious, and I am delighted that we will continue to work together on the next stage in becoming the undisputed market leader. Mike has transformed the levels of service and communication at HBG US Distribution in the past year, and I have no doubt that he will excel equally in his new role of CEO."
Shoults said, "I am deeply honored by the trust that David and Matt have placed in me to lead as CEO. I must recognize my outstanding team, whose talent, passion, and seamless partnership have driven our success. Together, we have built a culture of true care and results that our clients rely on every day. As we step into this next chapter, I'm energized to accelerate our momentum, deepen client partnerships, and unlock new levels of impact for everyone we serve to discover a new world of ideas, learning, entertainment and opportunity."