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Brian A. Napack served as the President and CEO of John Wiley & Sons, Inc. from December 2017 until October 2023. He has a solid background in the media and education sectors, bolstered by an MBA from Columbia University and...

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Brian A. Napack

Ex-CEO of John Wiley & Sons, Inc.

Education

MBA from Columbia University

Field of Expertise

Media & Entertainment - Media

Sector of Economy

Communication Services

Born

November 30, 1962 - 62 years ago

CEO of John Wiley & Sons, Inc. for

5 years 10 months (Dec 2017 - Oct 2023)

Previous Experience

Senior Advisor at Providence Equity Partners

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Holdings

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Brian A. Napack had a notable history with John Wiley & Sons, particularly in how his wealth was tied to the company's performance and stock value during his tenure. When he started in 2017, his financial interests were aligned with...

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Insider Trading

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Compensation History

See how much did Brian A. Napack make over time.

Brian A. Napack's compensation package showed significant changes throughout his time as CEO at John Wiley & Sons. In 2023, his total compensation was about $4.5 million, which included a $433,100 salary and a severance payment. This was a notable increase compared to previous years where he earned approximately $2.4 million in 2021 and under $1 million in 2020. Although there were years of bonuses for achieving bonuses based on company performance, by 2023, there were no bonuses reported as he had left the company. His pay reflected a mix of salary and severance, which emphasized the nature of executive compensation often being tied to performance and exit arrangements. It demonstrated his leadership's impact on the financial aspects of the company and how those finances ultimately came into play as he transitioned out.

Year

2023

Total Compensation

$2.39M

Salary

$433.10K

Board Justification

The compensation philosophy is designed to align the Company’s goals with shareholder interests, attract and retain world-class talent, and reward strong performance while limiting rewards for performance below targets.

Bonus

$0.00

Board Justification

No bonus was reported for the fiscal year 2024.

Other

$1.96M

Board Justification

This includes severance payment of $1,890,000 and other compensation including contributions to retirement plans and other benefits.

Restricted Stock

$0.00(0 PSUs)

Board Justification

No stock awards were vested in 2023 as he separated before the fiscal year 2024 PSUs were granted.

Performance Metrics

The performance metrics for the CEO's compensation included adjusted revenue and adjusted operating income targets, as well as achievement of Business Transformation Objectives.