SUSAN PETERSEN KENNEDY AND DAVID SHANKS The well-regarded prez/CEO duo replaces Penguin-Putnam's soon-to-retire honcho Phyllis Grann. They inherit a commercial powerhouse and a host of brand names (Tom Clancy, Patricia Cornwell, Nora Roberts); Petersen Kennedy, who founded Riverhead as a leading literary imprint and revitalized Viking with books like Bridget Jones's Diary, should feel right at home.
LOST HIGHWAY RECORDS On Luke Lewis' watch, Lost Highway (a Universal Music shingle) has almost singlehandedly spawned an alt-country revolution and a grassroots bluegrass revival, turning out such twang-art smashes as Ryan Adams' Gold and the now-ubiquitous O Brother, Where Art Thou? soundtrack. In other words, he's a man of constant profits.
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