- After less than two years on the job
- Laud, praise, thanks and good wishes for Allin
- Matt Kissner taking over in the interim
- Search for a successor
- Allin spoke briefly and said 39 words
(exechange) — Hoboken, New Jersey, May 08, 2017 — Mark Allin, chief executive of Wiley, leaves. It is an abrupt change. As announced by John Wiley and Sons, Inc. in a news release and in a regulatory filing published on Monday, May 08, 2017, Mark J. Allin leaves the post as Chief Executive Officer at the publishing company in a surprising move after less than two years on the job, effective immediately.
Wiley will undertake a search for a successor.
Allin’s duties are taken over in the interim by Matt Kissner, currently Chairman of the Board at John Wiley and Sons, Inc.
The sudden management change is explained as follows. Wiley said: “President and CEO Mark Allin has resigned for family reasons, effective immediately.”
The phrase “family reasons” opens the door to speculation.
Precise information about the future plans of Allin was not immediately available.
Wiley said: “On May 8, 2017, Mark J. Allin, President and Chief Executive Officer of John Wiley & Sons, Inc. … and director on the Company’s Board of Directors, resigned from the Company.”
On the job as CEO since 2015
Mark J. Allin was appointed the Company’s 12th President and Chief Executive Officer on June 1, 2015 and was simultaneously appointed to the Board.
Allin joined Wiley with the acquisition of Capstone Publishing in 2000 (which he co-founded), after holding numerous senior positions at Blackwell Publishing, Simon & Schuster, and Pearson.
In 2003, he became Vice President and Managing Director, Wiley Asia, before being promoted to Executive Vice President, Professional Development, in 2010 and then Chief Operating Officer in 2015.
Allin’s publishing career has spanned three decades and began after studying at Anglia Ruskin University in the United Kingdom and working as a teacher in Zimbabwe.
Read the full story in the exechange report 20.2017 ($).