SCHL - Scholastic Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Scholastic Corporation

557 Broadway
New York, NY 10012
United States
212-343-6100
http://www.scholastic.com

SectorCommunication Services
IndustryPublishing
Full Time Employees8,900

Key Executives

NameTitlePayExercisedYear Born
Mr. Richard RobinsonChairman, Pres & CEO1.15MN/A1937
Mr. Kenneth J. ClearyChief Financial Officer581.24kN/A1965
Mr. Satbir BediExec. VP & CTO750.3kN/A1964
Mr. Andrew Stearns HeddenExec. VP, Gen. Counsel, Sec. & DirectorN/AN/A1941
Ms. Judith A. NewmanExec. VP & Pres of Scholastic Book Club789.88k531.18k1958
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education, and International. The Children's Book Publishing and Distribution segment publishes and distributes children's books, e-books, media, and interactive products through its school book club and school book fair channels, as well as through its trade channel. Its original publications include Harry Potter, The Hunger Games, The 39 Clues, Spirit Animals, The Magic School Bus, I Spy, Captain Underpants, Dog Man, Goosebumps, and Clifford The Big Red Dog; and licensed properties comprise Star Wars, Lego, Pokemon, and Geronimo Stilton. In addition, this segment publishes and creates books plus products for children, including titles, such as Sew Mini Treats, Lego Chain Reactions, and Make Your Own Bath Bombs under the Klutz name. The Education segment publishes and distributes classroom magazines under the Scholastic News, Scope, Storyworks, Let's Find Out, and Junior Scholastic names; non-fiction books under the Children's Press and Franklin Watts names; and literacy curriculum products under the Scholastic Literacy name, as well as provides children's books, other print and online references, fiction focused products, classroom materials, and consulting services. The International segment offers original trade and educational publishing programs; distributes children's books, digital educational resources, and other materials through school-based book clubs, school-based book fairs, and trade channels; produces and distributes magazines; and offers online subscription services. This segment has operations in approximately 165 countries. The company distributes its products and services directly to schools and libraries through retail stores and the Internet. Scholastic Corporation was founded in 1920 and is headquartered in New York, New York.

Corporate Governance

Scholastic Corporation’s ISS Governance QualityScore as of October 4, 2019 is 5. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 6; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.