Following a successful interim period, Matthew Kissner is officially the 15th CEO and president in Hoboken-based publishing company Wiley’s 217-year history.
Last year, the company appointed Kissner as interim CEO after Brian Napack stepped down from the role.
Kissner has been with John Wiley in a leadership, board or consulting role for over 20 years, including as interim CEO and president, group executive and board chair.
“Over the past nine months, Matt has made great progress improving our organization, accelerating our value creation plans, driving strong momentum in our core and rallying around new AI opportunities,” Jesse Wiley, chair of the board, said. “As an experienced C-suite operator and Wiley veteran, he brings a deep understanding of our markets, customers, operations, financials and people — all of which has been evident in our material progress.
“After a formal process that included a global search, the board has concluded that Matt is the right person to lead Wiley through the next phase of our journey as a knowledge solutions company. We look forward to working alongside him to continue our momentum and deliver significant value for our stakeholders, including shareholders, customers, and colleagues.”
Under Kissner’s leadership, Wiley recently exceeded its Fiscal 2024 earnings guidance and other stated objectives, delivered revenue in the higher end of its range, and executed two generative artificial intelligence content rights projects. The company is targeting revenue, profit and free cash flow growth in Fiscal 2025 and Fiscal 2026, driven by business momentum and accelerated run rate cost savings.
“I am honored by the board’s trust in me to lead this remarkable company into its next exciting phase,” Kissner said. “Our markets are trending favorably, our financials are strong and our culture is reinvigorated.”
