James Daunt Explained

James Daunt
Birth Name:Achilles James Daunt
Birth Date:18 October 1963
Nationality:British
Known For:Founder, Daunt Books
Education:Sherborne School
Alma Mater:Pembroke College, Cambridge University
Occupation:Managing Director, Waterstones
Spouse:Katy Steward
Children:2 daughters
Parents:Sir Timothy Daunt
Patricia Susan Knight
Relations:Achilles Daunt (great-great grandfather)

Achilles James Daunt (born 18 October 1963) is a British businessman. He is the founder of the Daunt Books chain, and since May 2011 has been managing director of the bookshop chain Waterstones. Since August 2019, Daunt has also been CEO of Barnes & Noble, the American bookstore chain. He is known as "the man who saved Waterstones".[1] [2]

Early life and education

Achilles James Daunt[3] was born on 18 October 1963,[4] the son of the diplomat Sir Timothy Daunt and his wife Patricia Susan Knight.

He was educated at Sherborne School, before reading history at Pembroke College, Cambridge University.[5]

Career

His first job was as a purser with Carnival Cruise Lines.[4]

After working in the US as a banker for JP Morgan between 1985 and 1988, he founded Daunt Books in 1990,[6] a chain of six bookshops in London.

In May 2011, he was appointed managing director of Waterstones by the company's new owner, the Russian billionaire Alexander Mamut.[7] The pair were listed at fourth place in a 2011 Guardian list of the top 100 people in the British books industry.[8]

Daunt was elected an Honorary Fellow of the Royal Society of Literature in 2017.[9] [10]

In June 2019, he became the CEO of the US bookshop chain Barnes & Noble,[11] acquired by Waterstones' parent, Elliott Advisors (UK) for $683m.[12] [13]

In November 2021, Daunt interviewed Paul McCartney to discuss McCartney's bestselling book "".[14]

Daunt was appointed Commander of the Order of the British Empire (CBE) in the 2022 Birthday Honours for services to publishing.

Personal life

He is married to Katy Steward, a professional in the health sector. They have two daughters, Molly and Eliza, and live in a 4-storey house in Hampstead.[15] [16] They have a second house in Beccles, Suffolk, and a third on the Isle of Jura in Scotland.

Notes and References

  1. Web site: James Daunt: the man who saved Waterstones. 2014-12-10. Evening Standard. London. en. 2019-09-04.
  2. News: Correspondent. Callum Jones, US Business. James Daunt: The man who wrote the book on the daunting task of taking on Amazon. . en. 2021-11-09. 0140-0460.
  3. Web site: Daunt Books Limited. Companies House. 19 November 2015.
  4. "Interview" by Oliver Shah in The Sunday Times Business Section, 22 December 2013, p. 6.
  5. Web site: Pembroke Gazette 2012. 120. Pembroke College. 19 November 2015. 19 November 2015. https://web.archive.org/web/20151119210600/http://www.pem.cam.ac.uk/wp-content/uploads/2012/06/Pembroke-Gazette-2012-Web.pdf. dead.
  6. Kate Kellaway, "James Daunt: 'I don't recognise that books are dead'", The Guardian, 3 June 2011.
  7. James Hall, "James Daunt parachuted in to run Waterstone's", The Daily Telegraph, 20 May 2011.
  8. https://www.theguardian.com/books/2011/sep/23/james-daunt-alexander-mamut-books-power-100 Books Power 100: James Daunt and Alexander Mamut | No 4
  9. Natasha Onwuemezi, "Rankin, McDermid and Levy named new RSL fellows", The Bookseller, 7 June 2017.
  10. Web site: Current RSL Fellows . Royal Society of Literature . 10 June 2017.
  11. Alexandra Alter and Tiffany Hsu, "Barnes & Noble Is Sold to Hedge Fund After a Tumultuous Year'", New York Times, 7 June 2019.
  12. Web site: Elliott to buy Barnes & Noble; Daunt will run both chains The Bookseller. 2019-09-04. thebookseller.com.
  13. Web site: Anderson . Porter . 2019-06-07 . Hedge Fund Elliott Mngt. Agrees to Buy Barnes & Noble . 2024-06-29 . Publishing Perspectives . en-US.
  14. #BNEvents: Paul McCartney (THE LYRICS) with B&N CEO, James Daunt . 2021-11-18 . Barnes & Noble . 2024-06-29 . YouTube.
  15. News: Eyre. Hermione. James Daunt: the man who saved Waterstones. 19 November 2015. Evening Standard. London. 11 December 2014.
  16. News: Anthony. Andrew. James Daunt: the bibliophile who means business. 19 November 2015. The Guardian. 27 May 2012.