NEW YORK - Scholastic (NASDAQ:SCHL) Corporation (NASDAQ: SCHL), a prominent global children's publishing, education, and media company, has appointed Haji Glover as the new Executive Vice President & Chief Financial Officer, effective January 22, 2024. Mr. Glover will be taking over from Ken Cleary, who is transitioning to become President of International. In his new role, Glover will oversee the financial operations of the company, including financial reporting, planning, controllership, tax, and treasury.
Peter Warwick, President and CEO of Scholastic, expressed confidence in Glover's ability to contribute to the company's growth, citing his extensive experience and familiarity with Scholastic's operations. Glover's previous tenure at Scholastic as Senior Vice President of Corporate Finance, coupled with his recent role as Director of Finance at Amazon (NASDAQ:AMZN), equips him with a wealth of knowledge to support the company's financial performance and long-term strategy.
Glover's career spans over 27 years in financial planning and corporate finance, with significant positions held at Lockheed Martin (NYSE:LMT), Ford Motor Company (NYSE:F), Honeywell International (NASDAQ:HON), and Alvogen Group. He is a graduate of Lehigh University and holds an MBA from Binghamton University.
The leadership changes come at a time when Scholastic is undergoing a transformation aimed at enhancing shareholder value and investing in the company's future. Warwick thanked Ken Cleary for his contributions to the finance organization and looked forward to his new role in international operations.
Scholastic has been a staple in children's education and literacy for over a century, with a presence in more than 135 countries. The company is known for distributing bestselling books, learning programs, and educational media that support children's learning at school and at home.
This news is based on a press release statement.
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