Wiley CEO Brian Napack departs; Matthew Kissner named interim CEO

JOHN WILEY & SONS, INC.

Brian Napack left as President and CEO effective Oct 10, 2023, without cause, receiving severance per prior agreement.
Matthew Kissner, former Group Executive and Board Chair, appointed interim CEO; base salary $900,000, target incentive 150%.
Kissner eligible for one-time FY2024 long-term incentive at 200% of base salary; no severance during interim role.
Planned Oct 12 Investor Day rescheduled to a later date due to the CEO transition.
Value creation plan (focus on core, divest non-core, streamline) remains in place; FY2024 transition year.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Matthew S. Kissner

Interim President and Chief Executive Officer

WLY · JOHN WILEY & SONS, INC.

Effective: 2023-10-10
Filed: October 12, 2023, 7:59 PM ET

the appointment of Matthew S. Kissner as interim President and Chief Executive Officer

Departed

Brian A. Napack

Director

WLY · JOHN WILEY & SONS, INC.

Effective: 2023-10-10
Filed: October 12, 2023, 7:59 PM ET

Mr. Napack also resigned as a director of the Company as of October 10, 2023.

Departed

Brian A. Napack

President and Chief Executive Officer

WLY · JOHN WILEY & SONS, INC.

Effective: 2023-10-10
Successor: Matthew S. Kissner
Filed: October 12, 2023, 7:59 PM ET

announcing the departure of Brian A. Napack from the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew S. Kissner was appointed as Interim President and Chief Executive Officer at JOHN WILEY & SONS, INC..

Action: appointed
Role: Interim President and Chief Executive Officer

Exact text from the filing

the appointment of Matthew S. Kissner as interim President and Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian A. Napack resigned as Director at JOHN WILEY & SONS, INC..

Action: resigned
Role: Director

Exact text from the filing

Mr. Napack also resigned as a director of the Company as of October 10, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Brian A. Napack departed as President and Chief Executive Officer at JOHN WILEY & SONS, INC..

Action: departed
Role: President and Chief Executive Officer

Exact text from the filing

announcing the departure of Brian A. Napack from the Company

View on SEC.gov

JOHN WILEY & SONS, INC. filing history →

Source: SEC EDGAR

accession 0000107140-23-000191

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.