John Wiley & Sons Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$WLY
Books
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 20, 2024, John Wiley & Sons, Inc. (the “Company” or “Wiley”) announced that Aref Matin, Executive Vice President and Chief Technology Officer, will be leaving the Company on December 2, 2024. Effective November 22, 2024, Andrew Weber, Wiley’s Senior Vice President of Operations, will assume the role of Executive Vice President of Technology and Operations, where he will lead a newly combined technology and operations organization.
Mr. Weber, 57, is a member of the Executive Leadership Team and is currently leading the Company’s multi-year enterprise modernization and end-to-end research publishing platform projects. In addition to his role overseeing operational systems, supply chain, content operations, customer service, and data/analytics, Mr. Weber will now be responsible for all technology and the ongoing development of customer-centric products and delivery platforms.
Mr. Weber joined Wiley in July 2021 as SVP, Business Management and Operations. Prior to joining Wiley, he served in various operations and technology roles throughout the industry, including as Global Chief Operating Officer of Macmillan Publishing; Chair, Bertelsmann CIO Council for North America; and Senior Vice President, Technology and Operations at Random House Publishing. In addition to his 35 years of experience in operations, technology and strategy consulting, Mr. Weber holds a BSE in Finance from Wharton and an MBA from Harvard Business School.
Mr. Matin’s departure is without cause and, as a result, he is eligible for separation benefits in accordance with his previously filed Employment Letter dated April 20, 2018, and as described in the Company’s Executive Severance Policy, both of which were previously filed with the Securities and Exchange Commission (“SEC”) as exhibits to the Company’s Form 10-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
104 Cover Page Interactive Data File (formatted as Inline XBRL)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| JOHN WILEY & SONS, INC. | ||||||||||||||
| (Registrant) | ||||||||||||||
| By | /s/ Matthew S. Kissner | |||||||||||||
| Matthew S. Kissner | ||||||||||||||
| President and Chief Executive Officer | ||||||||||||||
| Dated: November 20, 2024 | ||||||||||||||