Susan Spilka (U.S.)
sspilka@wiley.com
Wiley
(201) 748-6147
Julia Lampam (U.K.)
jlampam@wiley.co.uk
Wiley
+44 (0) 1243 770668
Steve Smith to Succeed John Jarvis as Senior Vice President – Wiley Europe
Hoboken, N.J., March 1, 2007 — William J. Pesce, President & Chief Executive Officer of John Wiley & Sons, Inc. (NYSE:JWa) (NYSE:JWb), announced today that he has appointed Steve Smith as Senior Vice President—Wiley Europe to succeed Dr. John Jarvis, who will be retiring after nearly three decades with Wiley.
Mr. Smith, who has been Wiley Europe's Chief Operating Officer since early 2006, will assume responsibility for the overall direction and leadership of Wiley's businesses in Europe on May 1, 2007. He will also retain corporate responsibility for Wiley Asia and Wiley Australia. Dr. Jarvis will continue to provide advice and counsel to Wiley's Leadership Team and the Wiley-Blackwell Leadership Team, as Senior Advisor until he retires on April 30, 2008.
"I want to express my gratitude to John Jarvis for dedicating most of his professional life to Wiley," said Mr. Pesce. "His long career at Wiley, from his early days as a medical editor to his role as leader of Wiley's European businesses, represents a compelling story about transformational leadership. Wiley's revenue in Europe was about $10 million when John joined us in 1979. This year, revenue will exceed $300 million, including our businesses in the UK and Germany."
Mr. Pesce continued, "Steve Smith is a natural leader and has a proven track record building successful businesses in emerging markets. I look forward to collaborating with him as he assumes his new responsibilities."
Mr. Smith joined Wiley in 1992 to successfully lead its expansion in Asia and assumed corporate responsibility for Wiley Australia in 1998. In 2001, he became responsible for Wiley's UK P/T business, which has grown rapidly through an effective combination of organic growth and acquisitions. Over the past year, he played a leadership role in the Company's acquisition of Blackwell Publishing (Holdings) Ltd. and is currently serving as co-chair of the merger transition team.
About Wiley
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for 200 years, helping people around the world meet their needs and fulfill their aspirations. Our core businesses include scientific, technical, and medical journals; encyclopedias, books, and online products and services; professional and consumer books and subscription services; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey with operations in the U.S., Europe, Asia, Canada, and Australia. The Company's web site is www.wiley.com. Wiley is listed on the New York Stock Exchange under the symbols JWa and JWb.
