Publisher John Wiley and Sons, Inc. has announced that President and CEO Stephen M. Smith has declared his intention to retire due to previously-disclosed medical reasons, effective June 1, 2015. The Board has elected Executive Vice President and Chief Operating Officer Mark Allin as his successor.
Smith has served as Wiley's President and CEO since 2011, guiding the Company through its transition from a largely print publisher to a knowledge company focused on digital content and solutions. He first joined Wiley in 1992 as Vice President, Wiley Asia before becoming Senior Vice President, International Development in 1996 and then Senior Vice President, Wiley Europe in 2007. He was promoted to Chief Operating Officer in 2009 before succeeding Will Pesce as President and CEO in 2011.
Allin is a 14-year Wiley veteran, joining the Company with the acquisition of Capstone Publishing (which he founded) in 2000. He went on to serve as Managing Director of Wiley Asia, before being promoted to Executive Vice President, Professional Development in 2010 and then Chief Operating Officer in 2015.
