Scholastic Management

Management criteria checks 3/4

Scholastic's CEO is Peter Warwick, appointed in Aug 2021, has a tenure of 3.25 years. total yearly compensation is $2.04M, comprised of 49.1% salary and 50.9% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth €2.40M. The average tenure of the management team and the board of directors is 4.8 years and 3.3 years respectively.

Key information

Peter Warwick

Chief executive officer

US$2.0m

Total compensation

CEO salary percentage	49.1%
CEO tenure	3.3yrs
CEO ownership	0.3%
Management average tenure	4.8yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Warwick's remuneration changed compared to Scholastic's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2024	n/a	n/a	US$24m
May 31 2024	US$2m	US$1m	US$12m
Feb 29 2024	n/a	n/a	US$52m
Nov 30 2023	n/a	n/a	US$59m
Aug 31 2023	n/a	n/a	US$58m
May 31 2023	US$3m	US$1m	US$86m
Feb 28 2023	n/a	n/a	US$62m
Nov 30 2022	n/a	n/a	US$66m
Aug 31 2022	n/a	n/a	US$59m
May 31 2022	US$5m	US$808k	US$81m
Feb 28 2022	n/a	n/a	US$36m
Nov 30 2021	n/a	n/a	US$38m
Aug 31 2021	n/a	n/a	US$5m
May 31 2021	US$161k	n/a	-US$11m
Feb 28 2021	n/a	n/a	-US$32m
Nov 30 2020	n/a	n/a	-US$61m
Aug 31 2020	n/a	n/a	-US$25m
May 31 2020	US$161k	n/a	-US$44m
Feb 29 2020	n/a	n/a	-US$13m
Nov 30 2019	n/a	n/a	US$18m
Aug 31 2019	n/a	n/a	US$18m
May 31 2019	US$165k	n/a	US$16m
Feb 28 2019	n/a	n/a	US$49m
Nov 30 2018	n/a	n/a	US$12m
Aug 31 2018	n/a	n/a	-US$3m
May 31 2018	US$170k	n/a	-US$5m

Compensation vs Market: Peter's total compensation ($USD2.04M) is above average for companies of similar size in the German market ($USD1.46M).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.

CEO

Peter Warwick (72 yo)

3.3yrs

Tenure

US$2,038,591

Compensation

Mr. Peter Warwick has been the Chief Executive Officer and President at Scholastic Corporation since August 1, 2021. Mr. Warwick has been a director of Scholastic, Inc. since September 24, 2014. He serves...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Iole Lucchese	Chairman of Board	3.3yrs	US$1.47m	0.22% € 1.5m
Peter Warwick	President	3.3yrs	US$2.04m	0.35% € 2.4m
Haji Glover	CFO & Executive Vice President	less than a year	US$611.48k	0.045% € 312.7k
Andrew Hedden	Executive VP	15.9yrs	US$1.22m	0.22% € 1.5m
Kenneth Cleary	President of International	less than a year	US$1.31m	0.074% € 512.3k
Sasha Quinton	Executive VP & President of School Reading Events	4.8yrs	US$1.39m	0.076% € 522.4k
Paul Hukkanen	Senior VP & Chief Accounting Officer	7.1yrs	no data	0.035% € 242.3k
Raghushri Sankaran	Senior VP	4.8yrs	no data	no data
Cristina Juvier	Chief People Officer	2.6yrs	no data	no data
Judith Newman	Chief Impact Officer	20.8yrs	US$1.17m	no data
Ellie Berger	Executive VP & President of Trade Publishing	no data	no data	no data
Duriya Aziz	Senior VP & International Education Publisher of International Division	10.8yrs	no data	no data

4.8yrs

Average Tenure

62.5yo

Average Age

Experienced Management: SL1's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Iole Lucchese	Chairman of Board	3.3yrs	US$1.47m	0.22% € 1.5m
Peter Warwick	President	10.2yrs	US$2.04m	0.35% € 2.4m
James Barge	Lead Independent Director	17.2yrs	US$262.50k	0.097% € 665.5k
John Davies	Independent Director	24.8yrs	US$232.50k	0.025% € 174.1k
David Young	Independent Director	8.9yrs	US$232.50k	0.053% € 365.7k
Kaya Henderson	Independent Director	less than a year	US$98.74k	0.0068% € 46.8k
Verdell Walker	Independent Director	3.2yrs	US$217.50k	0.023% € 156.2k
Alix Guerrier	Independent Director	less than a year	US$98.74k	0.0068% € 46.8k
Andres Alonso	Independent Director	9.2yrs	US$232.50k	0.045% € 311.5k
Robert Dumont	Independent Director	3.3yrs	US$217.50k	0.024% € 164.1k
Linda Li	Independent Director	2.5yrs	US$217.50k	0.019% € 128.3k

3.3yrs

Average Tenure

67yo

Average Age

Experienced Board: SL1's board of directors are considered experienced (3.3 years average tenure).

Scholastic Management

Management criteria checks 3/4

Key information

Recent management updates

Scholastic Corporation Appoints Jeffrey Mathews as Chief Growth Officer and Executive Vice President

Scholastic Names Stacey Jaffe as Chief Digital Officer

Scholastic Corporation, Annual General Meeting, Sep 18, 2024

High number of new directors

Scholastic Corporation Announces Board Appointments

Scholastic Announces Chief Financial Officer Changes, Effective January 22, 2024

Recent updates

Upcoming dividend of US$0.20 per share

Investor sentiment deteriorates as stock falls 17%

New minor risk - Share price stability

First quarter 2025 earnings released: US$2.21 loss per share (vs US$2.35 loss in 1Q 2024)

Scholastic Corporation Appoints Jeffrey Mathews as Chief Growth Officer and Executive Vice President

Dividend of US$0.20 announced

Scholastic Corporation Declares Cash Dividend on its Class A and Common Stock for the Second Quarter of Fiscal 2025, Payable on December 16, 2024

Scholastic Corporation to Report Q1, 2025 Results on Sep 26, 2024

Scholastic Names Stacey Jaffe as Chief Digital Officer

Upcoming dividend of US$0.20 per share

Scholastic Corporation, Annual General Meeting, Sep 18, 2024

Fourth quarter dividend of US$0.20 announced

Full year 2024 earnings released: EPS: US$0.41 (vs US$2.55 in FY 2023)

Scholastic Corporation Provides Earnings Guidance for the Year 2025

Scholastic Corporation Announces First Quarter Dividend of Fiscal 2025, Payable on September 16, 2024

Scholastic Corporation to Report Q4, 2024 Results on Jul 18, 2024

Upcoming dividend of US$0.20 per share

High number of new directors

Third quarter dividend of US$0.20 announced

Third quarter 2024 earnings released: US$0.91 loss per share (vs US$0.57 loss in 3Q 2023)

Scholastic Corporation Announces Board Appointments

Scholastic Corporation (NasdaqGS:SCHL) signed a definitive agreement to acquire 9 Story Media Group Inc. for approximately $190 million.

Scholastic Corporation to Report Q3, 2024 Results on Mar 21, 2024

Upcoming dividend of US$0.20 per share at 2.0% yield

Scholastic Announces Chief Financial Officer Changes, Effective January 22, 2024

Second quarter 2024 earnings released: EPS: US$2.51 (vs US$2.17 in 2Q 2023)

Scholastic Corporation Declares Quarterly Cash Dividend for the Third Quarter of Fiscal 2024, Payable on March 15, 2024

Scholastic Corporation to Report Q2, 2024 Results on Dec 14, 2023

Upcoming dividend of US$0.20 per share at 2.2% yield

First quarter 2024 earnings released: US$2.35 loss per share (vs US$1.33 loss in 1Q 2023)

Scholastic Corporation Declares Quarterly Cash Dividend on the Company's Class A and Common Stock for the Second Quarter of Fiscal 2024, Payable on December 15, 2023

Scholastic Corporation to Report Q1, 2024 Results on Sep 21, 2023

Upcoming dividend of US$0.20 per share at 1.9% yield

Scholastic Announces Resignation of Ken Cleary as Chief Financial Officer

Scholastic Corporation, Annual General Meeting, Sep 20, 2023

Independent Director recently sold €181k worth of stock

Scholastic Corporation Provides Earnings Guidance for the Year 2024

Scholastic Corporation Announces First Quarter of Fiscal 2024 Dividend, Payable on September 15, 2023

Full year 2023 earnings released: EPS: US$2.56 (vs US$2.35 in FY 2022)

Scholastic Corporation to Report Q4, 2023 Results on Jul 20, 2023

Scholastic Appoints Sasha Quinton as Executive Vice President and President, School Reading Events

Upcoming dividend of US$0.20 per share at 2.2% yield

Investor sentiment deteriorates as stock falls 20%

Third quarter 2023 earnings released: US$0.57 loss per share (vs US$0.44 loss in 3Q 2022)

Upcoming dividend of US$0.20 per share

Second quarter 2023 earnings released: EPS: US$2.18 (vs US$1.97 in 2Q 2022)

Scholastic Corporation Provides Earnings Guidance for the Fiscal Year 2023

Scholastic Corporation Announces Third Quarter Dividend, Payable on March 15, 2023

Scholastic Corporation to Report Q2, 2023 Results on Dec 15, 2022

Scholastic Corporation (NasdaqGS:SCHL) announces an Equity Buyback for 6% of its issued share capital, for $75 million.

Upcoming dividend of US$0.20 per share

Investor sentiment deteriorated over the past week

President recently bought €105k worth of stock

First quarter 2023 earnings released: US$1.33 loss per share (vs US$0.70 loss in 1Q 2022)

Scholastic Corporation Affirms Revenue Guidance for the Fiscal Year 2023

Scholastic Corporation Announces Second Quarter Dividend, payable on December 15, 2022

Scholastic Corporation to Report Q1, 2023 Results on Sep 22, 2022

Scholastic Corporation Names Jeffrey Mathews to Be a Member of the Executive Committee and Executive Vice President, Corporate Development and Investor Relations

Upcoming dividend of US$0.20 per share

Insider recently sold €198k worth of stock

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: US$2.34 (vs US$0.32 loss in FY 2021)

Scholastic Corporation Provides Earnings Guidance for the Fiscal Year 2023

Scholastic Corporation Approves 33% Increase in Its Regular Quarterly Dividend on the Company's Class A and Common Stock, Payable on September 15, 2022

Scholastic Corporation to Report Q4, 2022 Results on Jul 21, 2022

Scholastic Corporation Announces Retirement of Margaret A. Williams as Director

Scholastic Corporation Announces Board Changes

Upcoming dividend of US$0.15 per share

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint