John Wiley & Sons Announces New Leadership and Financial Strategy

John Wiley Sons Cl A (WLY) has shared an announcement.

John Wiley & Sons, Inc. has named Matthew S. Kissner as their new President and CEO, effective July 8, 2024. Kissner, who has been with the company in various roles, including interim President and CEO since 2023, will receive a $900,000 annual salary, be eligible for an incentive plan, and receive long-term incentives worth $3 million. Notably, he won’t be entitled to severance benefits post-tenure, emphasizing the company’s strategic financial commitments as it moves forward under his leadership.

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