(c) As previously reported on Form 8-K, dated February 27, 2017, Edward J. Melando announced his intention to retire from John Wiley & Sons, Inc. (the “Company”). On February 27, 2017, the Company announced internally that Christopher Caridi, age 50, has been appointed as Senior Vice President, Corporate Controller, to succeed Mr. Melando, effective March 20, 2017. Mr. Melando will assist with the transition of his responsibilities until he retires from the Company in May 2017.

Mr. Caridi will join the Company from Thomson Reuters, where he has been Vice President, Finance since 2014. Previously, Mr. Caridi was Vice President, Controller and Global Head of Accounting Operations at Thomson Reuters from 2009 to 2014.

There were no arrangements or understandings between Mr. Caridi and any other persons to which Mr. Caridi received his appointment. Mr. Caridi does not have any family relationships subject to disclosure under Item 401(d) of Regulation S-K or any direct or indirect material interest in any transaction required to be disclosed to Item 404(a) of Regulation S-K.

In connection with his appointment, Mr. Caridi will receive a base salary of $345,000, a target incentive of 50% of base salary, and will be eligible to participate in other compensation plans and arrangements applicable to senior officers of the Company, including the Wiley Annual Incentive Plan. Mr. Caridi will also receive a restricted stock grant with a grant value of $345,000, vesting one-third on the first, second and third anniversaries of the hire date (subject to approval by the Company’s Executive Development and Compensation Committee).

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 down -0.05 at 52.45 with 186,427 shares trading hands.