John Wiley & Sons EVP Todd Zipper to depart upon closing of Wiley Edge sale to Inspirit

JOHN WILEY & SONS, INC.

Todd Zipper, EVP & General Manager, Talent, will leave effective at closing of Wiley Edge sale to Inspirit, expected by May 31, 2024.
Departure is without cause; severance benefits per Employment Letter dated August 7, 2020.
Compensation Committee approved a performance cash bonus for Mr. Zipper tied to sale closing, payable in lump sum after transaction close.
Performance period extended to end of Q1 fiscal 2025 on April 5, 2024.

item 5.02 item 9.01

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Departed

Todd Zipper

Executive Vice President & General Manager, Talent

WLY · JOHN WILEY & SONS, INC.

Effective: 2024-05-31
Filed: May 28, 2024, 7:59 PM ET

On May 21, 2024, the Company announced that Todd Zipper, Executive Vice President & General Manager, Talent, and a named executive officer, will cease his employment with the Company, effective as of the closing of the sale of John Wiley & Sons, Inc. emerging talent and reskill training business, Wiley Edge (the “Business”), to Inspirit (the “Transaction”)

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Executive change SEC 8-K Item 5.02 confidence 0.95

Todd Zipper departed as Executive Vice President & General Manager, Talent at JOHN WILEY & SONS, INC..

Action: departed
Role: Executive Vice President & General Manager, Talent

Exact text from the filing

On May 21, 2024, the Company announced that Todd Zipper, Executive Vice President & General Manager, Talent, and a named executive officer, will cease his employment with the Company, effective as of the closing of the sale of John Wiley & Sons, Inc. emerging talent and reskill training business, Wiley Edge (the “Business”), to Inspirit (the “Transaction”)

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Source: SEC EDGAR

accession 0000107140-24-000085

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