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Scholastic Appoints Haji Glover To Succeed Ken Cleary As CFO

RTTNews | 599 days ago

Scholastic Appoints Haji Glover To Succeed Ken Cleary As CFO

(RTTNews) - Scholastic Corp. (SCHL), a publishing, education and media company, announced Monday that Haji Glover has been named Scholastic's Executive Vice President & Chief Financial Officer, effective January 22, 2024.

Glover succeeds current CFO Ken Cleary, who will fully transition to his new role as President of International. Glover will lead Scholastic's global finance organization, overseeing all financial functions, including financial reporting, planning and analysis, controllership, tax and treasury.

Glover will also be a member of the executive committee and report to Scholastic President and CEO Peter Warwick in New York. He brings over 27 years of financial planning, analysis and corporate finance experience to Scholastic.

Most recently, Glover served as the Director of Finance at Amazon. Prior to joining Amazon, he held the role of Senior Vice President of Corporate Finance at Scholastic from 2020 to 2022 and held various finance leadership roles at Lockheed Martin, Ford Motor Company, Honeywell International and Alvogen Group from 2000 to 2020.

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Scholastic To Combine Its Book Fairs And Book Clubs Divisions

Scholastic To Combine Its Book Fairs And Book Clubs Divisions

Media company Scholastic Corp. (SCHL) announced Monday plans to combine its market-leading U.S. Book Fairs and Book Clubs divisions into an integrated school reading events business.

RTTNews | 879 days ago

Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

RTTNews | 20 minutes ago

U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | 1h 3min ago

German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | 1h 33min ago

U.S. PCE Price Index Increased In Line With Estimates In July

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | 1h 45min ago

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | 2h 1min ago

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | 2h 39min ago

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 2h 46min ago

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