Scholastic announced key leadership transitions. Ken Cleary will leave his current role as chief financial officer upon appointment of a successor. He will transition to become Scholastic's next President of International.

Mr. Cleary was appointed as the Company's Chief Financial Officer in 2017 and joined Scholastic in 2008. He will continue in his current role, with additional oversight of the International division, until a replacement CFO is appointed. At that time and as part of a planned progression, he will dedicate himself to leading the division as President of International.