Franklin Covey Co. Approves the Appointment of Robert A. Whitman as Executive Chairman with Effect from September 1, 2021
July 01, 2021 at 06:07 am EDT
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Franklin Covey Co. approved the appointment of Robert A. Whitman as Executive Chairman with effect from September 1, 2021. Robert A. Whitman, the Company’s current Chairman and Chief Executive Officer continue to serve as Chairman of the Board, and transition his executive role to Executive Chairman. Drawing on Mr. Whitman’s capabilities, broad experience, and extensive knowledge of the Company and its operations, his responsibilities as Executive Chairman will include: Advising the Company and the new CEO during the transition of the Chief Executive Officer; Focusing his efforts on corporate strategy, innovations, key financial matters, and capital transactions; Attending meetings with Company leadership, business partners, employees, and others as requested by the CEO or the Board; Assisting the Board with its oversight of the Company’s risks; Communicating with both internal and external stakeholders, as appropriate; Acting as a primary liaison between the Board and management; and Creating tight alignment between the Board and management as to the Company’s strategic direction, and supporting the execution of the Company’s strategy. Mr. Whitman has served as the Company’s Chairman of the Board since June 1999 and as CEO since January 2000. The Company wishes to thank Mr. Whitman for his years of dedicated service as CEO and is thrilled to have Mr. Whitman continue to serve as Chairman of the Board and be involved with the Company’s operations as the Executive Chairman. Mr. Whitman’s biographical information may be found in Item 1 of the Company’s annual report on Form 10-K which was filed with the Commission on November 16, 2020.
Franklin Covey Co. is a global company focused on performance improvement. The Companyâs sales are primarily comprised of training and consulting services and its internal reporting and operating structure, which are organized around two divisions: Enterprise Division and Education Division. The Enterprise Division, which consists of its Direct Office and International Licensee segments. The Education Division, which is comprised of its Education practice. Its Direct Office segment includes its sales personnel that serve the United States and Canada; its international sales offices located in Japan, China, the United Kingdom, Australia, Germany, Switzerland, and Austria; its government services sales channel; and its book and audio sales. Its International Licensees segments consists of its international licensees. Its Education Practice segment includes its domestic and international Education practice operations. It is also focused on leasing operations, shipping and handling.