Scholastic Welcomes Milena Alberti and Anne Clarke Wolff to Its Board Adding Valuable Expertise
Scholastic, the renowned global children's publishing and education company, recently made significant changes to its board of directors, announcing the appointments of Milena Alberti and Anne Clarke Wolff as independent directors, effective July 16, 2025. This adjustment comes as part of the company’s ongoing effort to refresh its leadership and adapt to the evolving needs of its business.
As the educational landscape continues to shift, Scholastic recognizes the importance of having diverse and experienced voices guiding its strategic directions. The new appointees, Alberti and Wolff, bring a combined 60 years of experience across finance, publishing, and corporate governance. Their roles are pivotal as Scholastic looks to enhance its growth strategies and maximize shareholder value.
Milena Alberti: A Leader in Finance and Media
Milena Alberti is not a new name in financial circles; she has spent over three decades navigating the complexities of corporate finance and media. Most notably, she has held significant positions at Penguin Random House, where she was involved in several critical aspects of the company’s operations, ranging from mergers and acquisitions to serving as the Global and US Chief Financial Officer. This varied experience equips her with a unique insider perspective on the publishing industry, which will be invaluable to Scholastic as it seeks to innovate and expand its offerings.
Currently, Alberti is the chair of the board at Pitney-Bowes and serves additional roles on several other boards, including Allurion Technologies and nonprofit organizations such as National Public Radio. Her comprehensive background and strong leadership skills will undoubtedly contribute to Scholastic's mission of providing enriching educational experiences to children around the world.
Anne Clarke Wolff: Transformative Leadership in Financial Services
Anne Clarke Wolff, the other newly appointed director, boasts an impressive career in financial services that has spanned three decades. As the founder and CEO of Independence Point Advisors, a modern investment banking firm, she has exhibited exceptional skill in managing global businesses through various financial life cycles, including IPOs and mergers. Wolff has played critical roles at top organizations like Bank of America, where she was instrumental in developing a $10 billion corporate banking business.
Her experience in capital markets will be crucial as Scholastic aims to explore new avenues for financing and growth. Moreover, her accolades – recognized multiple times by American Banker as one of the Most Powerful Women in Banking – reflect the esteem in which she is held in the industry.
Both Alberti and Wolff are poised to offer guidance that aligns with Scholastic's focus on transformation, innovation, and shareholder value maximization. According to Iole Lucchese, Chair of the Board, both directors have the necessary experience to address current challenges while steering Scholastic towards future growth.
The company is also making strategic adjustments within its board, with the immediate retirements of long-serving directors John L. Davies and David J. Young, who will step down to facilitate the new directors’ entry into board discussions. These changes reflect Scholastic’s commitment to regular refreshment of its board, thereby enhancing its governance and adaptation to industry demands.
The Importance of Leadership in Education
In an era where educational content delivery is rapidly evolving, the leadership at Scholastic is imperative to its success. With the global shift toward digital learning, maintaining a board that is knowledgeable about both traditional publishing and modern digital landscapes is essential for steering the company towards sustainable growth.
As Scholastic integrates the expertise of Alberti and Wolff, serving its mission of fostering literacy and transforming the lives of children, the company looks to harness their insights to navigate the complexities of the 21st-century educational environment. With over 100 years in education, Scholastic aims to remain a leader, and these new board members are key to achieving that goal.
For more information about the changes at Scholastic and their ongoing initiatives in children's publishing and education, you can visit their official website at www.scholastic.com.