Business
Scholastic Announces Key Leadership Transitions
President of International Beth Polcari Named President of Education Solutions, Succeeding Rose Else-Mitchell Chief Financial Officer Ken Cleary to Transition
About this update from Scholastic Corporation
[{"type":"text","content":"President of International Beth Polcari Named President of Education Solutions, Succeeding Rose Else-Mitchell\nChief Financial Officer Ken Cleary to Transition to President of International, Upon Completion of Current Executive Search Process\nNEW YORK, Aug. 16, 2023 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced key leadership transitions. Beth Polcari, previously President of International, has been named President of Education Solutions, effective immediately. Ms. Polcari succeeds Rose Else-Mitchell, who will leave to pursue other interests following a transition period. Separately, 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. The Company has retained a nationally recognized search firm, which has begun the process of identifying and hiring a successor CFO.\n\n \n \n \n \n \n \n\n \nPeter Warwick, President and Chief Executive Officer, said, \"We are delighted that Beth Polcari is assuming the role of President of Education Solutions and will continue to advance the clear vision of literacy-focused, blended learning solutions that Rose Else-Mitchell championed during her tenure as division leader. Beth's steady leadership, deep knowledge of the education market and our businesses, and strong operational focus will be invaluable as Education Solutions enters its next chapter. We wish Rose well in her new endeavors and thank her for her many contributions to Scholastic.\"\n\"I am humbled and excited to lead the Education Solutions division at this important moment for children, educators and Scholastic,\" Ms. Polcari said. \"Investing to grow Education Solutions with new blended literacy programs, which combine digital and print components, is a key pillar of Scholastic's long-term growth strategy and core to our mission of giving all kids the power of reading. I look forward to working with the team and Rose to quickly transition into my new role and help accelerate our strategy.\"\nAs President of International since 2020, Ms. Polcari led Scholastic's international subsidiaries through the pandemic and oversaw significant operational improvements, especially in Scholastic's growth markets. Ms. Polcari also supported Education...