Wiley announced the departure of Brian Napack as President. In June, Mr. Napack and Wiley?s executive leadership announced a value creation plan that includes intensifying focus on Wiley?s strongest and most profitable businesses, divesting non-core assets, and rightsizing and streamlining the Company. Mr. Kissner will leverage his in-depth knowledge of Wiley?s operations and his professional experience to execute this plan and ensure a smooth transition.

As previously disclosed, Fiscal 2024 is a transition year for the Company with the benefits of the value creation plan expected to be realized in fiscal year 2025 and 2026.