McGraw Hill Names Philip Moyer as New CEO

McGraw Hill, Inc. ( (MH) ) has provided an update.

On January 6, 2026, McGraw Hill announced that Simon Allen will retire as president and CEO effective February 9, 2026, after leading the company since October 2019, but will remain chair of the board and continue to support strategy and governance. The board has appointed former Vimeo CEO and Google Cloud AI executive Philip Moyer as Allen’s successor and as a director effective the same date, and expanded the board from nine to 11 members, adding Moyer and Platinum Equity managing director Eric Worley as Class II and Class I directors, respectively. Allen’s transition package includes continued eligibility for a full fiscal 2026 annual bonus, a quarterly cash transition supplement through up to December 31, 2028, continued tax services for a limited period, and standard non-employee director compensation while serving as chair, underscoring an orderly, non-contentious succession. Moyer’s employment agreement provides a $1.2 million base salary, a $1.8 million target annual bonus, a $2.5 million sign-on bonus, an $8 million initial equity award split between time- and performance-vested RSUs tied to ambitious share-price hurdles, matching RSUs linked to his own share purchases, and enhanced severance protections, aligning his incentives with long-term shareholder value and stock performance. The appointment of a technology- and AI-focused leader follows a period in which Allen shifted McGraw Hill’s revenue mix to nearly two-thirds digital and roughly 60% recurring, and signals an intention to accelerate AI-driven, personalized learning offerings while maintaining continuity at the board level and strengthening Platinum Equity’s representation through Worley’s addition.

The most recent analyst rating on (MH) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on McGraw Hill, Inc. stock, see the MH Stock Forecast page.

Spark’s Take on MH Stock

According to Spark, TipRanks’ AI Analyst, MH is a Neutral.

McGraw Hill’s overall stock score is driven by strong earnings call performance and positive corporate events related to debt reduction. However, financial performance challenges, particularly high leverage and negative profitability, weigh down the score. Technical indicators show positive momentum, but valuation concerns due to ongoing losses limit the upside.

To see Spark’s full report on MH stock, click here.

More about McGraw Hill, Inc.

McGraw Hill, Inc. (NYSE: MH) is a leading global provider of education solutions for preK-12, higher education and professional learning, offering trusted content and personalized, data- and technology-driven learning experiences to millions of students and educators worldwide. The company focuses on improving access and outcomes in education, with a growing digital and recurring-revenue model, and operates from more than 30 offices across North America, Asia, Australia, Europe, the Middle East and South America, delivering products in over 80 languages.

Average Trading Volume: 598,446

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.18B

Learn more about MH stock on TipRanks’ Stock Analysis page.