Company Website:
http://www.wiley.com
HOBOKEN, N.J. -- (Business Wire)
John Wiley & Sons announced that Chairman Peter Booth Wiley has declared
his intention to retire as Chair after his current term expires in
September 2015. Wiley’s Board of Directors has identified Matthew S.
Kissner as Mr. Wiley’s recommended successor. The Board agreed at its
meeting on December 18 to recommend that Mr. Kissner’s name be placed on
the slate of board candidates for election in September 2015. If he is
re-elected, the Board has stated its intention to appoint him as Wiley’s
next chair. The Board also agreed to recommend that Mr. Wiley’s name be
placed on the same slate for election as a director for one year
starting in September 2015.
Mr. Wiley joined the board in 1984 and succeeded his brother Bradford
Wiley II as Chairman in 2002.
Mr. Kissner is a former Executive Vice President and Group President of
Pitney Bowes and has held leadership positions at Banker’s Trust,
Citigroup, and Morgan Stanley. He is currently President and CEO of The
Kissner Group, a financial advisory firm, and is a member of the
Executive Committee of the Board of Directors of the Regional Plan
Association. Mr. Kissner has served on Wiley’s Board since 2003
including service as chair of the Executive, Governance, Audit, and
Compensation committees.
Announcing his intention to retire as Chairman, Mr. Wiley said,
“Although I am stepping down as Chairman after twelve years, the Wiley
family remains committed to its leadership role in governance of the
company and to maintaining Wiley’s legacy as an independent,
competitively ambitious enterprise with a strong board, experienced
management, and a global community of creative colleagues. The Family’s
role in the firm, I believe, has historically been beneficial to all
Wiley shareholders. We currently emphasize family involvement in board
leadership and a super-majority of independent directors, who work
together to ensure that the board represents all of Wiley’s
stakeholders. I am proud of my work sustaining the family’s commitment
to industry leadership and best governance practices.”
He continued, “I am also pleased that my sons Jesse and Nate,
representing the seventh generation of Wileys to work in the business,
are both engaged Wiley employees and that Jesse will continue to serve
on the board.”
Jesse Wiley joined Wiley in 2003 and is currently a Strategic Business
Development Manager. He joined the Wiley Board of Directors in 2012.
Nate Wiley joined Wiley in 2010 and is currently a Corporate Marketing
Manager.
About Wiley
Wiley is a global provider of knowledge and knowledge-enabled services
that improve outcomes in areas of research, professional practice, 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, online assessment and training services, and test prep and
certification. In Education, Wiley provides education solutions
including online program management services for higher education
institutions and course management tools for instructors and students,
as well as print and digital content.
Contacts:
John Wiley & Sons, Inc.
Investor:
Brian Campbell,
201-748-6874
Investor Relations
brian.campbell@wiley.com
or
Media:
Linda
Dunbar, 201-748-6390
Media Relations
ldunbar@wiley.com
Source: John Wiley & Sons
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