- Tim Barton Joins Silverchair as President
Silverchair Information Systems, a leading provider of technology platforms and services for the professional and scholarly knowledge industry, today announced that Tim Barton has been named its new President. Mr. Barton will report to Thane Kerner, who will remain CEO.
“I’m proud and honored that our team can attract an executive with the talent and experience of Tim Barton,” said Mr. Kerner. “As we expand our capabilities to serve a rapidly evolving marketplace for scholarly and professional content, Tim will bring crucial publishing expertise and strategic perspective to our investments and innovations.”
In his 27-year career with Oxford University Press Mr. Barton held various positions across the organization, including President of OUP USA. Mr. Barton served most recently as Managing Director for the Global Academic Division of Oxford University Press, where he was responsible for OUP’s research publishing globally, including journals, scholarly books, and reference, and for higher education, and dictionary publishing. This was the first time that OUP had pulled together responsibility for this wide range of publishing under a single manager. Under his leadership, OUP successfully transitioned to become a digital and global business, and achieved strong growth, including doubling the size of the journals business, while adhering to the strict quality requirements mandated by Oxford University.
“Technology is playing an increasingly central role in learned publishing, and our industry is facing transitions that are both exciting and profoundly challenging,” said Mr. Barton. “I am looking forward to engaging with an organization whose products and people I came greatly to admire as a partner over recent years, and to see what we can do together to empower the next generation of creators and users of scholarly knowledge.”
- Aref Matin Named Wiley’s Chief Technology Officer
John Wiley and Sons, Inc., a global research and learning company, today announced the appointment of Aref Matin as the company’s new Chief Technology Officer, effective May 21, 2018. In this role, Mr. Matin will lead and accelerate Wiley’s evolution as a world-class, fully integrated technology organization serving the research and education sectors.
“I am thrilled to welcome Aref to Wiley’s leadership team,” said Brian Napack, President and CEO, Wiley. “He is a proven leader and innovator with extensive experience building world-class technology teams and developing highly-successful products and platforms. His expertise is essential to keeping Wiley at the forefront of delivering research and learning content, tools and services that ensure our customers’ success.”
Mr. Matin was most recently EVP and CTO at Ascend Learning, a leading provider of content, software and analytics solutions in the healthcare education space. He was responsible for all technology and led the development of a highly successful set of customer-centric products and delivery platforms.
Previously, at Pearson Global Education Services, Mr. Matin defined the company’s technology and product strategy and led a highly complex global technology and product transformation in partnership with the businesses.
Mr. Matin held senior-level positions at TomTom and Siemens. He holds a MS and BS in Electrical Engineering from Northrop University and certification from the Executive Business Leadership Program at Yale University. Mr. Matin also served on the board of My Child Inc., an education engagement company.
“It’s a privilege to join Wiley at such a pivotal time in the research and education spaces,” said Mr. Matin. “I look forward to working with the leadership team and all my new Wiley colleagues to continue driving technological change and bringing innovative products and services to our publishing and education customers.”
- McGraw-Hill Education Appoints Dr. Nana Banerjee as President & CEO
McGraw-Hill Education, a leading learning science company, today announced the appointment of Dr. Nana Banerjee as president and chief executive officer, effective April 23. Dr. Banerjee, 47, is currently group president of Verisk Analytics, a leading data analytics provider, and has a proven track record of driving global growth and exceptional performance in both public and private companies.
He will be based in New York and succeeds Lloyd G. “Buzz” Waterhouse, who became interim president and CEO in October of 2017 having previously served as president and CEO from June 2012 through April 2014. Mr. Waterhouse will remain with the company until Dr. Banerjee begins his tenure and will continue to serve on the company’s board of directors after he steps down as interim president and CEO.
“After a thoughtful and thorough search, we chose Nana for his outstanding leadership and stellar management skills,” said Larry Berg, senior partner with Apollo Global Management and chairman of the Board of McGraw-Hill Education. “Nana’s deep knowledge of analytics and artificial intelligence, his lifelong passion for education and his demonstrated ability to deliver value for global employees, customers and investors will be instrumental in growing our businesses. He will continue our journey as a learning science company focused on helping students achieve better outcomes.”
“I want to thank Buzz for his leadership over the past six months,” Mr. Berg added. “He has done a great job of moving the company forward and focusing our efforts around the key initiatives that will bring us success.”
“Nana is a great choice to lead McGraw-Hill Education,” Mr. Waterhouse said. “His strengths dovetail with exactly what we need as we look ahead – a seasoned leader who understands the critical role that data and technology can play in education. As a learning science company, we are at the forefront of innovation in K-20 and professional education, and Nana’s extensive experience will be invaluable in deepening our relationships with educators.”
“I am honored and excited to be a part of McGraw-Hill Education,” said Dr. Banerjee. “This iconic brand is founded on the reputation of its people, its content, and its tools, as the finest in the industry. I am looking forward to teaming up with our colleagues and fulfilling the promise of our vision to unlock the full potential of each learner with enhanced access and better quality learning solutions, enabled with scaled technologies and advanced analytics.”
Dr. Banerjee has extensive experience leading, innovating and scaling technology businesses globally. He came to Verisk as part of its acquisition of Argus, where he was chief operating officer. He served as the group president of Verisk and helped drive its transformation into a global leader in big-data and advanced analytics. He also helped drive the acquisition of several high-profile global companies during his tenure at Verisk. In prior roles, he served as head of Citibank’s credit card business in the United Kingdom and as vice president of marketing at GE Capital. He began his career forecasting housing starts at The McGraw-Hill Companies’ FW Dodge unit.
Dr. Banerjee has a Ph.D. in applied mathematics from the State University of New York; a master of science degree in mathematics from the Indian Institutes of Technology, Delhi; and a bachelor of science degree with honors in mathematics from St. Stephens College, Delhi.
- IntechOpen Announces Incoming CEO – Dr. Anke Beck
IntechOpen, the first native scientific publisher of Open Access books, announced today that Anke Beck, PhD, will join the company as incoming CEO. Dr. Beck joins IntechOpen with 20 years of publishing industry experience, most recently at De Gruyter.
“As scientists, we’ve lead IntechOpen’s growth to its current leading position in the Open Access Books market, and now, we are excited to join forces with Dr. Beck who, no doubt, will have an impact on our further expansion”, said Alex Lazinica, IntechOpen’s co-founder and CEO. “I am confident that Dr. Beck’s deep understanding of international scholarly communications, superb reputation and trusted relationships with academics, institutions and funders will augment our business and open new business approaches as we strive to answer the scientific community’s publishing needs.”
As a Managing Director at De Gruyter, a Berlin-based scholarly publisher, Dr. Beck drove Open Access publishing successfully with a foresight into the market. She led De Gruyter into a prominent position in the competitive Open Access market globally.
“I am thrilled about the opportunity to join IntechOpen which combines innovative and agile technology, custom-fit marketing with the 21st century’s scientific needs,” Dr. Beck said. “IntechOpen’s commitment to scholarly communications quality and access is a perfect solution required to face the market challenges. I am convinced that jointly we can manifest our leading market position, expand our geographic reach, extend the publishing scope, to act in line of the academic R&D community.”
IntechOpen is the market leader in scientific publishing of Open Access books with more than 114 million downloads of chapters and books to date. More than 100,000 researchers, including Nobel Prize laureates, have published their research on the platform.
- Clarivate Analytics Welcomes Caroline Birkle as the New General Manager of Converis
Data company Clarivate Analytics has announced the appointment of Caroline Birkle as the General Manager of their leading research information management system, Converis. Converis supports universities, research institutions and funding agencies in collecting and managing data across the research life cycle. Birkle will join Converis on April 16th 2018, based in Karlsruhe, Germany and will manage an international team across Europe, North America, the Middle East and Asia.
Converis is part of Clarivate Analytics, the global leader in providing trusted insights and analytics to accelerate the pace of innovation and is part of the Scientific and Academic Research Group alongside industry leaders like Web of Science. Built with the research community in mind, Converis is used by faculty, librarians and research managers globally to showcase the outputs and impact of research.Converis offers seamless integration with data, platform and products from Clarivate Analytics, such as Web of Science, InCites and Derwent Innovation Index, as well as a number of third-party products.
Birkle will join Clarivate Analytics from Thieme Chemistry in Germany, where she is Managing Director and has overall P&L responsibility for global electronic publications, leading an international team including editorial, production and software development. Previously, Birkle held publishing positions with the Royal Society of Chemistry and Thomson Reuters before moving to Holtzbrinck Publishers, where, as Vice President, she led Business Intelligence for STM (including Nature and Macmillan Science & Education) and coordinated the integration of Macmillan and Springer Nature, pre- and post-merger.
Caroline Birkle incoming General Manager, Converis said:
“The research landscape is changing at an unprecedented rate, with technological opportunities creating a pace within the research life cycle that is exhilarating and challenging. The opportunity to join Converis and work together with research offices globally, creating meaningful solutions that address industry needs, is one I am really looking forward to. I am proud to be joining this highly skilled and entrepreneurial team working within one of the industry’s most exciting and dynamic business groups.”
Annette Thomas, CEO Scientific and Academic Research Group, Clarivate Analytics said:
“I am delighted to welcome Caroline to our growing team; with her deep understanding of the research market, commercial and strategic acumen, as well operational and transformational experience, she is ideally suited to lead Converis during its next phase of growth and expansion. Converis currently supports a wide variety of customers in more than 20 countries and it’s our intention to significantly evolve and strengthen its position in the market by integrating more data and by providing a more streamlined product offering. Caroline’s experience will benefit us tremendously as we expand, and accelerate innovation and growth.”
- Springer Nature hurries 7 billion euro Frankfurt listing
SpringerNature, the publisher of science magazine Nature, has brought forward a listing which may value it at more than 7 billion euros (6.17 billion pounds)including debt, to reduce the risk from volatile stock markets, people close to the matter said.
The company, which also publishes Scientific American, is planning to announce its initial public offering (IPO) in May, with a Frankfurt listing slated to take place four weeks later, they said, adding that originally plans had been for a July listing.
Following recent market volatility, some IPO hopefuls have sped up listing plans to reduce the time lag and avoid being tripped up by wobbly markets.
“Everybody is trying to accelerate their plans now,” one of the sources said. Among others, Deutsche Bank DWS asset management unit has brought its IPO forward by several weeks.
The SpringerNature joint venture is 53-percent owned by German publisher Holtzbrinck, with buyout group BC Partners holding the rest.
SpringerNature was formed in 2015 through the merger of Holtzbrinck’s Macmillan Science and Education unit with BC Partners’ Springer business, which publishes scientific, technical and medical books and journals.
The creation of SpringerNature was designed to make it easier to compete with the likes of RELX as publishers increasingly shift to digital content and readers use smartphones and tablets to access information.
BC Partners declined to comment on the listing plan, while Holtzbrinck was not immediately available for comment. The banks declined to comment or were not immediately available for comment.
While BC Partners will sell some shares in the IPO, Holtzbrinck may even buy some and is aiming to keep a stake of more than 40 percent in the company. The targeted free float is at least 20 percent.
The bulk of the proceeds would be used to cut net debt, which currently stands at roughly 3 billion euros, with a view to bringing indebtedness down to 3.75 times earnings before interest, tax, depreciation and amortisation (EBITDA) after the IPO, the source said.
Peer RELX trades at about 11 times its expected core earnings.
SpringerNature posted 1.62 billion euros in sales in 2016 and employs 13,000 staff. It publishes roughly 3,000 scientific magazines as well as 12,000 new books every year. Last year, its earnings before interest, tax, depreciation and amortization stood at roughly 600 million euros.
SpringerNature is a separate company from German publisher Axel Springer.
- Brill will appoint Jasmin Lange as Chief Publishing Officer
Koninklijke Brill NV, the international scholarly publisher, announces the appointment of Jasmin Lange (39) as Chief Publishing Officer and member of the Management Team, as per January 1st, 2018. Within Brill’s senior leadership, Jasmin will lead Brill’s publishing teams and focus on further expanding Brill’s offering to the scholarly community.
German-born Jasmin Lange joined Brill in 2011 as Assistant Editor and has worked as Business Development Manager since 2012. In this role, amongst others, she focused on developing Open Access within Brill, developing new business models and integrating newly acquired publishing activities into the Brill portfolio. Most recently, Jasmin played a key role in the acquisitions of Schöningh & Fink and Mentis in Germany and Sense Publishers in the Netherlands. Before joining Brill, Jasmin worked in the publishing business and as a researcher in Germany, the USA and the UK.
- Clarivate Analytics Welcomes Sam Burridge as Director of Strategy & Transformation
Clarivate Analytics, the global leader in providing trusted insights and analytics to enable the research ecosystem to accelerate discovery, announced today that Samantha Burridge has joined the company in a newly-created role – Director of Strategy & Transformation of its Scientific & Academic Research group. Burridge will report directly to the new division CEO, Annette Thomas, in London.
With more than 20 years’ experience across broad publishing businesses and more recently, open research, Burridge will support Thomas in expanding the company’s leadership position in the scientific and academic research market. She is responsible for developing the strategy for the division, for supporting innovation in data and analytics, establishing best practice for the incubation of new businesses and for ensuring the company both attracts and retains talented professionals.
Burridge established Nature’s Open Research Group in 2013 as Managing Director; by 2016 it had become the fastest growing open access (OA) business in the world. Prior to her time at Springer Nature, Burridge was a member of the Macmillan Science & Education board and a key player in the transformation of the business. She was Managing Director of the humanities and social sciences publisher, Palgrave Macmillan and held several leadership roles across the group, steering many global functions through significant change. More recently, she has worked as a consultant across publishing and education, working with boards of both established brands and start-ups, to develop their strategies.
Burridge has served as a member of the Publishers Association academic board and remains a member of the board of the Copyright Clearance Centre – a global leader in technology solutions that fuel research, power publishing and respect copyright.
Annette Thomas, CEO of the Scientific and Academic Research group of Clarivate Analytics, said, “Sam Burridge is a world-class transformation leader with a global reputation, who has proven herself able to lead well-established, global businesses, develop high-growth new ventures and lead change and transformation projects over and again. This is a crucial time for Sam to join Clarivate. I am so pleased and proud that she is joining us to help power us through the next phase in the company’s history.”
Sam Burridge, the new Director of Strategy & Transformation, added, “I have long held a passion for the advancement of discovery, evaluation and the impact of research and am very excited to be joining the Clarivate team at this point in their evolution. Clarivate has the heritage and assets, together with the drive and vision needed to solve our customers’ most pressing needs in these spheres. I look forward to using my experience to build on this foundation and to working with the exceptional Clarivate team, to help develop something truly special to benefit research.”
- Wiley Announces Ella Balagula as New EVP of Publishing Business
John Wiley and Sons, Inc. (NYSE: JWA) (NYSE: JWB), a global research and learning company, today announced that Ella Balagula has been named Wiley’s new Executive Vice President of Wiley’s Publishing segment.
Prior to joining Wiley, Ms. Balagula was Senior Vice President and General Manager of Engineering Solutions at Elsevier, one of the world’s largest providers of scientific, medical, and technology information, where she was responsible for commercial go-to-market, product management, software development and content acquisition and production in the engineering and academic segments. Ms. Balagula also served as CEO of Knovel – a decision-support solution under Elsevier that enables corporate engineers and engineering students to confidently answer technical questions, drawing upon trusted data from more than 130 providers through a cloud-based platform with powerful search and interactive analytical tools.
“Ella Balagula is precisely the kind of world-class change leader we need to optimize our unique and valuable publishing assets – including our STM, professional, and education book content, brands, franchise authors, customers and partnerships,” said Matthew Kissner, Interim CEO and Chairman. “Time and again, Ella has proven herself in the development of successful new business models, redesign of product platforms, transformation of product development mindsets and procedures, buildout of innovative partnerships, and the realization of meaningful revenue and profitability growth.”
Prior to Elsevier, where she also served as Senior Vice President, Engineering and Technology Markets and Vice President, Strategy and Business Development, Corporate Markets, Ms. Balagula was a Principal for A.T. Kearney in their Pharma and Healthcare Division, where she led teams that managed large strategic and operational projects for global Fortune 500 clients. Such projects included corporate growth strategy, channel optimization, and organizational design. Prior to A.T. Kearney, she worked for Citibank and Towers Perrin. She holds an MBA from MIT Sloan School of Management and an MS in Mathematics from Odessa National University in the Ukraine.
“Wiley is one of the largest, most respected, and most enduring publishers in the world, and I am honored by the opportunity,” said Ms. Balagula. “I am coming to an organization with an exceptional foundation – terrific assets, strong partnerships, and talented employees. I look forward to working with the team to build on that foundation and create something truly special.”
- EBSCO Industries promotes David Walker as new CEO
EBSCO Industries, headquartered atop Oak Mountain off Highway 280, announced Wednesday that Vice President, Chief Financial Officer and Chief Operating Officer David Walker has been promoted to to Chief Executive Officer effect Sept. 1.
Walker succeeded Tim Collins, who will remain with the company as President of EBSCO Information Services, the largest of EBCSO’s businesses and a provider of information resources to libraries worldwide. Collins assumed the role in July 2014. Walker is a graduate of Auburn University who first joined EBSCO in 2000 as the General Manager of Military Service Company, EBSCO’s original business. In 2001, Walker became EBSCO’s first Mergers and Acquisitions Manager. In 2010, he was promoted to Chief Financial Officer, and four years later became Chief Operating Officer.
“We are fortunate to have someone as capable as David to step into the role of CEO for EBSCO,” EBSCO Chairman Bryson Stephens said in a press release. “Over the years, David’s role has continued to expand and his leadership across our company has grown significantly. He has a strong understanding of our businesses and our vision for the future.”
Elton B. Stephens founded EBSCO Industries in 1944. EBSCO has divisions and subsidiaries in 23 countries employing almost 6,000 people.