UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(a) Not applicable.
(b) On June 1, 2022, the Board of Directors of Scholastic Corporation (the “Company”) was informed that Margaret A. Williams, a director of the Company since 2010, has decided to retire as a director of the Company and not stand for re-election upon expiration of her current term at the Annual Meeting of Stockholders, scheduled to be held on September 21, 2022 (the “Annual Meeting”). Ms. Williams will continue to serve as a director, as well as Chair of the Nominating and Governance Committee and a member of the Human Resources and Compensation Committee, until the Annual Meeting.
Ms. Williams is a trailblazer with a career in politics, communications and children’s advocacy that has spanned nearly thirty years. During her tenure on the Board, Ms. Williams has consistently contributed her deep expertise to ensure Scholastic achieves its mission with efficiency and integrity.
Ms. Williams’ departure is not due to any disagreement between her and the Company, its management, the Board or any committee thereof, or any matter relating to the Company’s operations, policies or practices.
(c) Not applicable.
(d) Not applicable.
(e) Not applicable.
(f) Not applicable.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SCHOLASTIC CORPORATION | ||||||
| Date: June 6, 2022 | By: | /s/ Andrew S. Hedden | ||||
| Name: | Andrew S. Hedden | |||||
| Title: | Executive Vice President, General Counsel and Secretary | |||||
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