Street Calls of the Week
John Wiley & Sons, Inc. (NYSE:WLY; NYSE:WLYB) held its annual meeting of shareholders on Thursday, September 25, 2025. According to a press release statement based on the company’s SEC filing, shareholders voted on several proposals, including the election of directors, ratification of the company’s independent auditor, and an advisory vote on executive compensation.
For the director elections, all nominees were elected to serve until the 2026 annual meeting. Among Class A common shareholders, Katya D. Andresen and Karen N. Madden received 40,919,487 and 40,920,091 votes “for,” respectively, while Brian O. Hemphill received 18,712,170 votes “for” and 22,329,275 “withheld.” Class B shareholders elected all nominees, with votes “for” ranging from 8,407,467 to 8,545,608.
Following the annual meeting, the company reported that Mr. Hemphill, having received more “withheld” votes than “for” votes from Class A shareholders, tendered his resignation in accordance with the company’s corporate governance principles. The Governance Committee and the Board of Directors, excluding Mr. Hemphill, reviewed the resignation and determined not to accept it. Mr. Hemphill will continue to serve as a director until the 2026 annual meeting.
Shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for the fiscal year ending April 30, 2026, with 12,820,601 votes “for,” 31,993 “against,” and 81,183 abstentions.
Additionally, shareholders approved the non-binding advisory resolution on the compensation of the company’s named executive officers, with 12,410,965 votes “for,” 143,821 “against,” and 94,980 abstentions.
The information in this article is based on a press release statement and the company’s SEC Form 8-K filing.
In other recent news, John Wiley & Sons reported its earnings for the first quarter of 2026, surpassing analysts’ expectations. The company achieved earnings per share (EPS) of $0.49, significantly exceeding the forecasted $0.32, resulting in a 53.13% positive surprise. This development indicates a strong performance in terms of profitability for the quarter. Despite the positive earnings outcome, there was a noted decline in the company’s stock value in pre-market trading. The drop in stock price suggests that investors may have concerns regarding other financial metrics or the company’s strategic outlook. These recent developments highlight the complex factors influencing investor sentiment. The earnings report offers essential insights into the company’s current financial health. Analysts and investors will likely continue to monitor John Wiley & Sons closely for further updates.
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