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Matthew Kissner has been appointed president and c.e.o. of Wiley, following a successful interim period.
"Over the past nine months, Matt has made great progress improving our organisation, accelerating our value creation plans, driving strong momentum in our core, and rallying around new AI opportunities,” said Jesse Wiley, chair of the board. "As an experienced c-suite operator and Wiley veteran, he brings a deep understanding of our markets, customers, operations, financials, and people—all of which has been evident in our material progress."
Under Kissner’s leadership, Wiley recently exceeded its Fiscal 2024 earnings guidance and other stated objectives, delivered revenue in the higher end of its range, and executed two GenAI content rights projects. The company is "targeting revenue, profit, and free cash flow growth in Fiscal 2025 and Fiscal 2026 driven by business momentum and accelerated run rate cost savings".
Wiley continued: "After a formal process that included a global search, the Board has concluded that Matt is the right person to lead Wiley through the next phase of our journey as a knowledge solutions company. We look forward to working alongside him to continue our momentum and deliver significant value for our stakeholders, including shareholders, customers and colleagues."
Kissner has been with Wiley for over 20 years, including as interim president and c.e.o., group executive and board chair. He has previously also held leadership positions with Pitney Bowes, Bankers Trust, Citibank and Morgan Stanley. "I am honoured by the Board’s trust in me to lead this remarkable company into its next exciting phase," he said. "Our markets are trending favourably, our financials are strong, and our culture is reinvigorated."