Wiley appoints interim CEO Matthew Kissner as permanent President and CEO

JOHN WILEY & SONS, INC.

Matthew Kissner, age 70, appointed as President and CEO effective July 8, 2024; served as interim CEO since Oct 2023.
Employment terms: $900,000 base salary, target annual incentive 150% of base, LTIP award valued at $3 million (60% PSUs, 40% RSUs).
Fiscal 2024 earnings guidance exceeded; targets revenue, profit, and FCF growth in FY2025 and FY2026.
Board conducted a formal global search before confirming Kissner; he is Wiley's 15th CEO in 217-year history.
No severance eligibility under Executive Severance Plan during or after CEO tenure.

item 5.02 item 7.01 item 9.01

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Appointed

Matthew S. Kissner

President and Chief Executive Officer

WLY · JOHN WILEY & SONS, INC.

Effective: 2024-07-08
Filed: July 10, 2024, 7:59 PM ET

the Board of Directors (the “Board”) of John Wiley & Sons, Inc. (the “Company”) appointed Matthew S. Kissner, age 70, as the President and Chief Executive Officer (“CEO”) of the Company, effective July 8, 2024.

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Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

the Board of Directors (the “Board”) of John Wiley & Sons, Inc. (the “Company”) appointed Matthew S. Kissner, age 70, as the President and Chief Executive Officer (“CEO”) of the Company, effective July 8, 2024.

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Source: SEC EDGAR

accession 0000107140-24-000150

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