Scholastic enters separation agreement with former EVP Rosamund Else-Mitchell; $155K severance, 9-month non-compete

SCHOLASTIC CORP

Rosamund Else-Mitchell, former EVP and President, Education Solutions, left Aug 16, 2023; employment ended Sept 26, 2023.
Lump-sum severance of $155,000.04 (3 months' pay); medical coverage through June 30, 2024; outplacement for one year.
Non-compete for 9 months with Amplify, Newsela, and Renaissance; non-solicitation of employees for 1 year.
Equity awards continued vesting through separation date; vested awards treated per existing plans.
Mutual release of claims and non-disparagement provisions.

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