secwatch.observer — SEC 8-K summary
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Issuer:     JOHN WILEY & SONS, INC. (WLY)
CIK:        0000107140
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0000107140-24-000085
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107140/000010714024000085/0000107140-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107140/000010714024000085/jwa-20240521.htm
  HTML page:      https://secwatch.observer/filing/0000107140-24-000085

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer