Wiley Appoints Interim CFO Amid Transition Process
Wiley Announces CFO Transition
Wiley, a renowned leader in research and education, has recently confirmed that Christopher Caridi, currently serving as Corporate Controller and Chief Accounting Officer, will take on the role of Interim Chief Financial Officer. This transition is set to be effective soon. Caridi will be stepping into his new position while still managing his existing duties.
Experience of Christopher Caridi
Bringing an impressive track record to his new role, Caridi boasts over 35 years of experience in corporate finance, with a substantive 30 years spent in the industry. Since 2017, he has held pivotal positions at Wiley, including that of Corporate Controller and Chief Accounting Officer. Throughout his tenure, he has been instrumental in developing a streamlined organization and an efficient global accounting team. His past experience includes leadership roles at Thomson Reuters, where he managed various accounts and financial operations.
Comments from Leadership
Matt Kissner, the President and CEO of Wiley, expressed confidence in Caridi’s capabilities, stating, "We continue to see strong performance and profit improvement as we execute our growth initiatives and value creation activities. This momentum is evident in our strong leading indicators, employee engagement scores, and financial performance." He emphasized that the search for a permanent CFO is underway while reiterating the importance of Caridi’s role in enhancing operational efficiency and encouraging growth within the company's Research and Learning core.
Transitioning Leadership
Kissner took a moment to acknowledge the contributions of Christina Van Tassell, the outgoing CFO, who has played a vital role in navigating the company through significant changes. Her leadership has particularly shone during the period involving divestitures and the execution of the company’s value creation plan. Kissner assured stakeholders that the transition to Caridi’s interim role would be seamless, allowing the organization to maintain its momentum and focus on future objectives.
About Wiley
Wiley stands as one of the largest publishing entities globally, recognized for its leadership in research and education. The company provides valuable content and services, ensuring that the diverse needs of customers—including researchers, students, and institutions—are met. For over two hundred years, Wiley has driven a mission aimed at unlocking human potential by transforming challenges into opportunities. This dedication positions Wiley favorably within the ever-evolving educational landscape.
Looking Ahead
As Wiley moves forward, the company is poised to continue its commitment to growth and excellence in its field. The company’s proactive approach to leadership transition and focus on operational efficiency reflects its dedication to progress. Stakeholders and employees alike can be confident in the direction Wiley is heading under Caridi's interim leadership while the search for a new CFO takes place.
Frequently Asked Questions
Who is the new Interim CFO of Wiley?
Christopher Caridi has been appointed as the Interim Chief Financial Officer.
What is Christopher Caridi’s experience?
He has over 35 years of finance experience, including significant roles at Thomson Reuters and Wiley since 2017.
Why did Christina Van Tassell leave Wiley?
Christina Van Tassell is stepping down to allow for a new leader to take the role of CFO after a period of important organizational changes.
What is Wiley known for?
Wiley is recognized as a leader in publishing and education, providing essential content and services to a broad customer base worldwide.
How does Wiley plan to maintain its performance during the transition?
Wiley expects a seamless transition and continues to focus on growth initiatives and enhancing operational efficiency during this period.
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