JOHN WILEY Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
JOHN WILEY Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) On May 8, 2017, Mark J. Allin, President and Chief Executive Officer of John Wiley & Sons, Inc. (the “Company”) and director on the Company’s Board of Directors, resigned from the Company.
(c) Effective May 8, 2017, the Board of Directors appointed Matthew S. Kissner, who has been serving as the Chairman of the Board, as the Company’s Interim Chief Executive Officer.
Mr. Kissner, 62, has been a Director on the Company’s Board since 2003 and Chairman since 2015. He is a former Executive Vice President and Group President of Pitney Bowes and has held leadership positions in the financial services industry.
A copy of the press release announcing the matters described above is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description
99.1 Press release, dated May 8, 2017
About JOHN WILEY & SONS, INC. (NYSE:JW.A)
John Wiley & Sons, Inc. provides knowledge and knowledge-enabled services in the areas of research, professional practice and education. The Company operates through three segments: Research, Professional Development and Education. Through the Research segment, the Company provides digital and print scientific, technical, medical and scholarly journals, reference works, books, database services and advertising. The Professional Development segment provides digital and print books, corporate learning solutions, employment talent solutions and training services, and test prep and certification. In the Education segment, the Company provides print and digital content, and education solutions, including online program management services for higher education institutions and course management tools for instructors and students. The Company is engaged in developing and cross-marketing products to its customer base of researchers, professionals, students and educators. JOHN WILEY & SONS, INC. (NYSE:JW.A) Recent Trading Information
JOHN WILEY & SONS, INC. (NYSE:JW.A) closed its last trading session up +0.35 at 53.75 with 86,801 shares trading hands.
John Wiley & Sons, Inc. provides knowledge and knowledge-enabled services in the areas of research, professional practice and education. The Company operates through three segments: Research, Professional Development and Education. Through the Research segment, the Company provides digital and print scientific, technical, medical and scholarly journals, reference works, books, database services and advertising. The Professional Development segment provides digital and print books, corporate learning solutions, employment talent solutions and training services, and test prep and certification. In the Education segment, the Company provides print and digital content, and education solutions, including online program management services for higher education institutions and course management tools for instructors and students. The Company is engaged in developing and cross-marketing products to its customer base of researchers, professionals, students and educators. JOHN WILEY & SONS, INC. (NYSE:JW.A) Recent Trading Information
JOHN WILEY & SONS, INC. (NYSE:JW.A) closed its last trading session up +0.35 at 53.75 with 86,801 shares trading hands.
