About Scholastic Corporation
Scholastic Corporation was founded in 1920 by Maurice R. Robinson in Wilkinsburg, Pennsylvania. Initially, the company’s primary focus was on publishing youth-oriented magazines for schools, including “The Western Pennsylvania Scholastic.” The company’s name “Scholastic” was derived from its original mission to provide educational materials to schools.
In 1926, Scholastic published its first book, “Saplings,” a collection of poetry by three high school students. This marked the company’s entry into the book publishing industry. Over the years, Scholastic expanded its publishing activities, producing a wide range of educational and entertaining books for children and young adults.
One of the key milestones in Scholastic’s history was the introduction of the “Arrow Book Club” in 1948, which allowed children to purchase books through their schools. This initiative significantly expanded the company’s reach and influence in the educational market.
In the 1950s and 1960s, Scholastic continued to grow and diversify its offerings, launching book clubs and publishing popular series such as “Clifford the Big Red Dog” and “The Magic School Bus.” These initiatives solidified Scholastic’s position as a leading publisher of children’s literature.
In the 1990s, Scholastic achieved international success with the publication of the “Harry Potter” series by J.K. Rowling. The company’s partnership with the author helped propel Scholastic to new heights, making it a household name in the world of children’s literature.
Today,Scholastic Corporation is a leading publisher and distributor of children’s books and educational materials. The company’s Children’s Book Publishing and Distribution segment is responsible for producing and distributing a wide range of books for children of all ages, from picture books to young adult novels. It includes popular series such as “Harry Potter,” “The Hunger Games,” “Goosebumps,” “Clifford the Big Red Dog,” and “The Magic School Bus.”
Scholastic’s Education segment provides a variety of educational resources, including classroom magazines, teaching materials, and technology-based products for schools and educators. The company offers literacy programs, professional development resources for teachers, and educational technology platforms designed to support learning in the classroom and at home.
The International segment of Scholastic Corporation focuses on expanding the company’s presence in global markets. This includes publishing and distributing books and educational materials in countries outside the United States, as well as providing educational services and resources tailored to the needs of international educators and students.
Scholastic Entertainment, a division of the company, is responsible for developing and producing children’s media content for television, film, and digital platforms. This includes adaptations of popular book series into animated or live-action TV shows and movies, as well as the creation of original content for children’s entertainment.
Overall, Scholastic Corporation is dedicated to promoting literacy and fostering a love of reading and learning among children and young people worldwide. The company’s products and services are designed to support educators, engage young readers, and provide families with valuable resources for learning and entertainment.
A Growth-Oriented Finance Leader
with its ongoing CFO, Ken Cleary, moving to his job as leader of global, Educational today (January 8) has declared that Haji Glover will succeed Cleary as chief VP and CFO, compelling January 22.
In August, we announced that Beth Polcari, the previous leader of global, was moving to deal with the organization’s instructive projects, and that Cleary would be moving into the worldwide job.Glover, presently named CFO by Educational president and Chief Peter Warwick, is making a re-visitation of the organization.
He has most as of late been Amazon’s overseer of money for Individuals Experience and Innovation division, a post he filled in September 2022. Before that, he was VP of corporate money with Academic, somewhere in the range of 2020 and 2022. He has recently worked with Lockheed Martin; Passage; Honeywell; and the Alvogen Gathering.
In making the declaration of Glover’s return, Warwick is cited, saying, “Subsequent to finishing a hearty pursuit process, we’re satisfied to designate Haji Glover as Educational’s next CFO and key accomplice to me and the initiative group as we understand this organization’s significant long haul useful learning experience.
“Haji’s expansive experience and demonstrated history as a forward-looking, development situated finance pioneer will be instrumental in driving development and monetary execution. As somebody who knows Academic well, Haji is strategically situated to drive change and effect here, utilizing his experience and point of view.
‘I’d likewise prefer to say thanks to Ken Cleary for his numerous long stretches of commitment and administration of Academic’s money association,” he says. “We anticipate Ken’s proceeded with progress as leader of worldwide, applying his profound information on Educational’s homegrown and global organizations.”
Glover, in offering a pre-arranged expression on his re-visitation of Educational, says, “Academic is amidst a thrilling change that is a demonstration of Peter and the group’s obligation to conveying results and investor esteem, while proceeding to put resources into the eventual fate of the organization.
“I anticipate cooperating with this skilled authority group to help plan and execute this long term venture, expanding on’s major areas of strength for Academic for quite a long time into the future.”
Glover will be an individual from the organization’s leader panel, and is to head up monetary revealing, arranging, and examination; controllership; duty; and depository. He’s to zero in on working with development across Academic’s driving organizations while supporting the organization’s drawn out methodology and capital allotment needs.
Glover’s instructive foundation incorporates a college degree from Lehigh College and a MBA from Binghamton College.Cleary, presently moving to finish his change to the global lead, was made CFO in 2017, having joined Educational in 2008.His experience incorporates function as overseer of bookkeeping with US Transportation Partnership; as an associate regulator with Hertz; and as an associate regulator with BASF.
A Word About Our Coverage of Personnel Changes
As Distributing Viewpoints perusers know, the vital measure for us to report fresh insight about a staff change in book distributing has two parts an administrative role, generally c-class, and one with the possibility to have importance to experts in the global commercial center, which is the focal point of our inclusion.
We can’t report the full scope of the faculty changes hailed to us everyday from many areas of the planet in light of the expansiveness of the field and the quantity of work force changes being declared day to day.More according to Distributing Points of view on kids’ book distributing is here, and more on crafted by Educational is here.
