Scholastic Announces Leadership Transition in Legal Department

Scholastic ( (SCHL) ) just unveiled an announcement.

On May 21, 2025, Scholastic Corporation announced the retirement of Andrew S. Hedden from his roles as Executive Vice President, General Counsel, and Secretary, effective May 31, 2025. Hedden, who has been with the company since 2008, will transition to a role as Senior Counselor. Chris Lick, currently the Deputy General Counsel, will succeed Hedden as Executive Vice President, General Counsel, and Secretary, effective June 1, 2025. This leadership change marks a significant transition within Scholastic’s legal department, potentially impacting its strategic direction and operations.

Spark’s Take on SCHL Stock

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

Scholastic’s stock score reflects a stable financial performance with consistent revenue and cash flow amidst profitability challenges. Technical analysis indicates a neutral to slightly weak momentum, while valuation metrics suggest potential overvaluation with a strong dividend yield. The earnings call highlighted both achievements and challenges, with strategic actions aimed at improving future performance.

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

More about Scholastic

Scholastic Corporation is a prominent company in the publishing industry, known for its educational materials, children’s books, and media products. It focuses on providing quality educational content and resources to schools, teachers, and young readers globally.

Average Trading Volume: 398,712

Technical Sentiment Signal: Sell

Current Market Cap: $455.9M

For detailed information about SCHL stock, go to TipRanks’ Stock Analysis page.