Matthew Kissner, Chairman of the Board, will serve as interim CEO
John Wiley and Sons, Inc. (NYSE:JWa)(NYSE:JWb), a global research and
learning company, announced today that President and CEO Mark Allin has
resigned for family reasons, effective immediately. Matthew Kissner,
Chairman of the Board, has been named interim CEO. The Board has begun a
search for Mr. Allin’s successor.
“The Board is thankful for Mark’s years of service and leadership,” said
Mr. Kissner. “We understand and support his decision to step down for
family reasons and are grateful for his many accomplishments. We wish
him and his family the very best. I am confident that working with John
Kritzmacher, our CFO and EVP, Technology and Operations and Wiley’s
executive leadership team, the Company will enjoy continued success in
the future.”
Mr. Allin said, “It has been an enormous privilege to have led Wiley
during an important period of transformation and growth. I am proud to
have worked with remarkable colleagues who are so committed to advancing
learning and knowledge throughout the world.”
“With our engaged colleagues and industry leading knowledge and
knowledge-enabled services, we are well positioned to meet the growing
needs of our customers,” said Mr. Kissner. “We remain focused on driving
profitable growth with a continued emphasis on quality and innovation to
maximize shareholder value.”
“Mark Allin is leaving Wiley having made a significant contribution to
our evolution,” said Jesse Wiley, Board member. “During his tenure, he
has led significant changes to improve operations and drive future
growth. He has been a tremendous asset to Wiley and we are grateful for
his many contributions over 20 years. We wish him the very best.”
Mr. Allin is a 16-year Wiley veteran, joining the Company with the
acquisition of Capstone Publishing (which he founded) in 2000. He went
on to serve as Managing Director of Wiley Asia and Senior Vice-President
Asia-Pacific, before being promoted to Executive Vice President,
Professional Development in 2010 and then in 2015 Chief Operating
Officer, followed by President and CEO.
Mr. Kissner has been a Wiley Director since 2003 and Chairman since
2015. His tenure includes service as chair of the Executive, Governance,
Audit, and Compensation committees. He is a former Executive Vice
President and Group President of Pitney Bowes and has held leadership
positions in the financial services industry.
About Wiley
Wiley, a global company, helps people and organizations develop the
skills and knowledge they need to succeed. Our online scientific,
technical, medical, and scholarly journals, combined with our digital
learning, assessment and certification solutions help universities,
learned societies, businesses, governments and individuals increase the
academic and professional impact of their work. For more than 200 years,
we have delivered consistent performance to our stakeholders. The
company's website can be accessed at www.wiley.com.
John Wiley and Sons
Brian Campbell, 201-748-6874
Vice President, Investor Relations
brian.campbell@wiley.com