Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
JW-A > SEC Filings for JW-A > Form 8-K on 5-Jun-2013All Recent SEC Filings

Show all filings for WILEY JOHN & SONS, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for WILEY JOHN & SONS, INC.


Change in Directors or Principal Officers, Financial Statements and Exhib

Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers, Compensatory Arrangements of Certain Officers

On June 3, 2013 the Board of Directors of John Wiley & Sons, Inc. (the "Company") announced that John Kritzmacher, former CFO of Lucent Technologies, Inc. and Global Crossing, Ltd., has been named as the Company's next Executive Vice President and Chief Financial Officer, effective July 1, 2013. Ellis Cousens, the Company's current CFO and Chief Operations Officer will retain responsibility for certain global operations and oversee the Company's restructuring program until his previously announced retirement at the end of fiscal year 2014.

On May 29, 2013, the Executive Compensation and Development Committee of the Company formally approved an employment agreement for Mr. Kritzmacher, in connection with his being appointed Executive Vice President and Chief Financial Officer of the Company. The terms of compensation include the following:

A base salary of $600,000
A target incentive of 90% of base salary

A one-time grant of 12,500 restricted shares, such shares to vest 50% on June 17, 2015 and 50% on June 17, 2016.
Eligibility for participation in all of the Company's executive compensation plans for which any senior executive is eligible including, but not limited to, the Executive Annual Incentive Plan, the Annual Strategic Milestones Incentive Plan, and the Long Term Incentive Plan.

A copy of the employment contract is attached as Exhibit 10.29 to this Current Report on Form 8-K and is incorporated in its entirety herein.

A copy of the press release announcing the appointment of Mr. Kritzmacher as Executive Vice President and Chief Financial Officer is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 - Financial Statements and Exhibits


Exhibit 10.29
Employment Agreement with John Kritzmacher

Exhibit 99.1
Press release dated June 03, 2013 titled "Wiley Names John Kritzmacher as Chief Financial Officer"

  Add JW-A to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for JW-A - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial Sign Up Now

Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.