Wiley Announces CFO Transition
September 18 2024 - 7:00AM
Business Wire
- Corporate Controller and Chief Accounting Officer Christopher
Caridi named Interim Chief Financial Officer
- CFO Christina Van Tassell to depart the Company on October
1
- Wiley recently reported strong revenue and earnings growth for
Q1 and reaffirmed its Fiscal 2025 outlook and Fiscal 2026
targets
Wiley (NYSE: WLY and WLYB), a trusted leader in research and
education, today announced that Christopher Caridi, Corporate
Controller and Chief Accounting Officer, will assume the role of
Interim Chief Financial Officer, in addition to his current
responsibilities, effective September 18, 2024. Caridi succeeds CFO
Christina Van Tassell, who will be leaving the Company on October
1, 2024.
Caridi has over 35 years of corporate finance experience with 30
years in the industry. He has served as Wiley’s Corporate
Controller and Chief Accounting Officer since 2017, where he built
a simplified organization, a highly effective global accounting
team, and a highly efficient financial shared services operation.
Prior to Wiley, Caridi served in various executive roles at Thomson
Reuters, including as Controller and Global Head of Accounting
Operations, and Vice President, Finance with global process
ownership in Financial Planning & Analysis.
“We continue to see strong performance and profit improvement as
we execute on our growth initiatives and value creation
activities,” said Matt Kissner, Wiley’s President and CEO. “This
momentum is evident in our strong leading indicators, employee
engagement scores, and financial performance. Wiley has commenced a
comprehensive search process to identify a permanent CFO. In the
meantime, Chris Caridi will continue to be a trusted partner of
mine and the rest of the leadership team as we drive further
operating efficiency, margin expansion, and cash flow growth while
reinvesting in our Research and Learning core and GenAI growth
opportunities. We are fortunate to have him and a strong finance
organization supporting us.”
Kissner continued: “Christina has been a valued member of the
leadership team since she joined the Company in November 2021. She
helped steer the organization through a period of marked change,
notably our divestitures and value creation plan. We expect this to
be a seamless transition. On behalf of the Board of Directors and
the rest of the Executive Leadership Team, I’d like to thank her
for her service and contributions.”
For Wiley’s recent earnings release, presentation, call
transcript, and quarterly filing, please see the Company’s
Quarterly Results at investors.wiley.com.
About Wiley
Wiley is one of the world’s largest publishers and a trusted
leader in research and learning. Our industry-leading content,
services, platforms, and knowledge networks are tailored to meet
the evolving needs of our customers and partners, including
researchers, students, instructors, professionals, institutions,
and corporations. We enable knowledge-seekers to transform today’s
biggest obstacles into tomorrow’s brightest opportunities. For more
than two centuries, Wiley has been delivering on its timeless
mission to unlock human potential. Visit us at Wiley.com. Follow us
on Facebook, Twitter, LinkedIn and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20240918717874/en/
Investor Contact Brian Campbell brian.campbell@wiley.com
(201) 748-6874 Media Contact Andrea Sherman
asherman@wiley.com (203) 536-7564
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