Scholastic Appoints Jeffrey Mathews Senior Vice President, Corporate Development and Investor Relations

NEW YORK, September 6, 2022 /PRNewswire/ — Scholastic (NASDAQ: CMHC), the global children’s publishing, education and media company, today announced Jeffrey Mathews was named executive vice president, corporate development and investor relations. In the company’s new role, Mr. Mathews will serve as a member of the Executive Committee, responsible for identifying and evaluating investment and partnership opportunities to accelerate Scholastic’s growth in its core businesses. He will also be the Company’s primary point of contact with the investment community, working directly with Company management to strengthen the organization’s shareholder engagement and long-term value creation strategy. Effective immediately, Mr. Mathews will report to the President and CEO of Scholastic Peter Warwick in New York.

Scholastic logo. (PRNewsFoto/Scholastic) (PRNewsFoto/SCHOLASTIC) (PRNewsFoto/SCHOLASTIC) (PRNewsFoto/Scholastic)

“Scholastic is entering its second century of serving schools, families and children in a position of strength and with immense opportunity ahead,” said Mr. Warwick. “Jeff’s passion for books, education and technology, combined with years of experience advising high profile corporate clients and his long history at Scholastic, makes him the right person to support our efforts to increase value for all of our stakeholders and ensure that Scholastic is ready for growth.We are delighted to welcome Jeff back.

“Returning to Scholastic at this pivotal time for the company, as well as for the publishing, media and children’s education industries, is an unparalleled opportunity,” added Mr. Mathews. “I am thrilled to work with this talented and deeply committed leadership team to help realize the enormous potential of Scholastic’s brand, channels, content and people, while building strong relationships and communicating that journey with investors and partners.”

Most recently, Mr. Mathews was Managing Partner at Gagnier Communications, a boutique strategic financial communications and investor relations agency that serves clients across North America, Asia and Europe. There he provided advice and counsel in a wide variety of industries involving complex situations and high-level repositioning assignments, with expertise in special situations and mergers and acquisitions. From 2008 to 2012 at Scholastic, he served as Vice President, Corporate Strategy, Business Development and Investor Relations, following four years leading the company’s Investor Relations. Mr. Mathews has also co-founded and led two tech startups and served as a director at Sard Verbinnen & Co. He holds an AB in Biology from princeton university, and a D.Phil. in zoology Oxford University.

About Scholastic

For more than 100 years, Scholastic Corporation (NASDAQ: CMHC) has nurtured the personal and intellectual growth of all children, beginning with literacy. Having earned a reputation as a trusted partner for educators and families, Scholastic is the world’s largest publisher and distributor of children’s books, a leading provider of literacy programs, professional services and school magazines, and a producer of educational and entertaining children’s media. The company creates and distributes best-selling books and e-books, print and technology-based K-12 learning programs, and other products and services that support learning and literacy children, at school and at home. With 15 international operations and exports to 165 countries, Scholastic makes quality, affordable books available to all children around the world through book clubs and school book fairs, school libraries, school and public libraries, retail and online. Learn more about



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