Scholastic CFO Ken Cleary to Become President of International Once The Company Hires A Successor
Portfolio Pulse from Benzinga Newsdesk
Scholastic (NASDAQ:SCHL) announced key leadership transitions. Beth Polcari, previously President of International, has been named President of Education Solutions. Ken Cleary will leave his role as CFO upon appointment of a successor and will become Scholastic's next President of International. The company has begun the process of identifying and hiring a successor CFO.
August 17, 2023 | 8:07 am
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Scholastic's CFO, Ken Cleary, will transition to become the company's next President of International. The company is currently searching for a new CFO.
Leadership transitions can cause uncertainty and potential volatility in a company's stock. However, the fact that the company has a plan in place and is actively searching for a new CFO may mitigate some of this uncertainty.
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