JOHN WILEY & SONS, INC. 8-K

What Happened
John Wiley & Sons, Inc. (WLY) announced in an 8-K filed July 9, 2026 that Frank Scognamiglio has been appointed Corporate Vice President, Chief Accounting Officer and will serve as the company’s principal accounting officer effective July 9, 2026, succeeding Christopher Caridi. Mr. Scognamiglio, age 52, was promoted internally from Corporate Vice President, Global Controller (since April 2025). Mr. Caridi will remain as Senior Vice President, Business Transformation through his expected retirement on April 30, 2027 to assist the transition.

Key Details

• Effective date: July 9, 2026; predecessor Christopher Caridi to remain through April 30, 2027.
• Compensation: annual base salary of $340,000 and eligibility for a target annual bonus equal to 40% of base salary under the Wiley Annual Incentive Plan.
• Equity grant: restricted share units with a grant value of $100,000 (shares calculated using the trailing 10‑day closing price as of the Sept 17, 2026 grant date); vesting in three equal annual installments on June 30, 2027, 2028, and 2029.
• Governance notes: no family relationships or related-party transactions requiring disclosure; no side arrangements for the appointment.

Why It Matters
This is a material executive change for Wiley’s finance organization because the chief accounting officer is the company’s principal accounting officer responsible for financial reporting and controls. The appointment is an internal promotion with a planned transition period, which supports continuity in accounting leadership through Mr. Caridi’s remaining tenure. Investors should note the specific pay and equity terms (base salary, 40% bonus target, and RSU grant), which affect executive compensation and potential future share dilution, and the filing signals adherence to disclosure and governance requirements.