Scholastic announced key leadership transitions. Beth Polcari, previously president of International, has been named President of Education Solutions, effective immediately. Ms. Polcari succeeds Rose Else-Mitchell, who will leave to pursue other interests following a transition period.

Separately, Ken Cleary will leave his current role as Chief Financial Officer upon appointment of a successor. He will transition to become Scholastic's next President of International. The company has retained a nationally recognized search firm, which has begun the process of identifying and hiring a successor CFO.

As President of International since 2020, Ms. Polcari led Scholastic's international subsidiaries through the pandemic and oversaw significant operational improvements, especially in Scholastic's growth markets. Ms. Polcari also supported Education Solutions on special projects, including leading the integration of Scholastic's recent acquisition of Learning Ovations and the company's innovative A2i assessment and instructional system. Prior to this previous role, Ms. Polcari oversaw Scholastic's Classroom Magazines, Digital Subscriptions and Teaching Resources businesses.

She also led key digital growth initiatives including the development of?Scholastic Literacy Pro?, which form the foundation of the Company's current blended learning offering. Mr. Cleary was appointed as the company's chief financial officer in 2017 and joined Scholastic in 2008. He will continue in his current role, with additional oversight of the International division, until a replacement CFO is appointed.

At that time and as part of a planned progression, he will dedicate himself to leading the division as President of International.