Edition:
United States

Houghton Mifflin Harcourt Co (HMHC.OQ)

HMHC.OQ on NASDAQ Stock Exchange Global Select Market

9.10USD
1:54pm EST
Change (% chg)

$0.05 (+0.55%)
Prev Close
$9.05
Open
$9.00
Day's High
$9.25
Day's Low
$9.00
Volume
48,822
Avg. Vol
197,386
52-wk High
$13.90
52-wk Low
$8.07

Summary

Name Age Since Current Position

Lawrence Fish

72 2011 Independent Chairman of the Board

John Lynch

2017 President, Chief Executive Officer, Director

Joseph Abbott

40 2016 Chief Financial Officer, Executive Vice President

Ellen Archer

54 2015 President - Houghton Mifflin Harcourt Trade Publishing

Brook Colangelo

39 2014 Executive Vice President, Chief Technology Officer

William Bayers

62 2008 Executive Vice President, General Counsel, Secretary

Lee Ramsayer

52 2015 Executive Vice President - Global Sales and Field Marketing

L. Gordon Crovitz

58 2017 Director

Daniel Allen

48 2016 Independent Director

Jill Greenthal

60 2012 Independent Director

John Killian

62 2011 Independent Director

John McKernan

68 2012 Independent Director

E. Rogers Novak

68 2012 Independent Director

Tracey Weber

50 2016 Independent Director

Brian Shipman

2017 Senior Vice President, Head of Investor Relations

Biographies

Name Description

Lawrence Fish

Mr. Lawrence K. Fish is an Independent Chairman of the Board of Houghton Mifflin Harcourt Company. Mr. Fish served as Chairman and Chief Executive Officer of Citizens Financial Group, Inc. (“Citizens”) from 2005 to 2008 and as Chairman, President and Chief Executive Officer of Citizens from 1992 to 2005. Mr. Fish is a member of the Massachusetts Institute of Technology Corporation (the institute’s board of trustees) and serves on the boards of directors of Textron Inc. and Tiffany & Co. He is also an Honorary Trustee of the Brookings Institution in Washington D.C., Chairman of the Board of Management Sciences for Health and Trustee of Woods Hole Oceanographic Institution. Mr. Fish’s extensive experience in the areas of finance, marketing, general management and corporate governance enables him to provide the Company with effective leadership on the Board.

John Lynch

Joseph Abbott

Mr. Joseph P. Abbott, Jr., is Chief Financial Officer, Executive Vice President of Houghton Mifflin Harcourt Company. From 2012 to 2016, Mr. Abbott was an Executive Director in the Media and Communications Investment Banking Group at Morgan Stanley, where he held various roles since 2005. At Morgan Stanley, Mr. Abbott led a team that advised educational publishing and information services companies (and their stakeholders) on all aspects relating to mergers and acquisitions, financings and other major strategic transactions. Prior to joining Morgan Stanley, Mr. Abbott served as an officer in the United States Navy.

Ellen Archer

Ms. Ellen Archer is President - Houghton Mifflin Harcourt Trade Publishing of Houghton Mifflin Harcourt Company. Ms. Archer joined the Company as President of our Trade Publishing Group in December 2015, with responsibility for driving the strategic growth and expansion of the Company’s consumer publishing business. Previously, Ms. Archer was a Founding Partner of Path2, LLC, a consulting firm focused on advising for-profit and not-for-profit businesses on business development, strategy and execution. From 2014 to 2015, she also held a role as Managing Director of Golden Seeds, a consulting firm focused on providing strategic business guidance to early-stage women-led digital businesses. From 1999 to 2014, Ms. Archer held various roles within Disney/ABC Media Networks, including Head of East Coast Development for ABC Entertainment from 2013 to 2014 and President and Publisher of Hyperion Books, then a division of the Walt Disney Company, from 2008 to 2013. Ms. Archer currently serves as the Vice President of Development of the Foundation Board of New York Women in Communications and is a member of the Executive Committee of the Media Council of Springboard Enterprises.

Brook Colangelo

Mr. Brook M. Colangelo is Executive Vice President and Chief Technology Officer of Houghton Mifflin Harcourt Company. He joined the Company as Senior Vice President and Chief Information Officer in January 2013 from the White House, where he held the role of Chief Information Officer since 2009. Mr. Colangelo joined the White House team in 2008 to spearhead the Obama-Biden transition project. Prior to that, he held several senior IT leadership roles, including within the Democratic National Convention Committee, The American Red Cross’ Hurricane Recovery Program and QRS Newmedia.

William Bayers

Mr. William F. Bayers is an Executive Vice President, General Counsel, Secretary of Houghton Mifflin Harcourt Company. Mr. Bayers joined the Company in May 2007 as Senior Vice President, Secretary and General Counsel and was made Executive Vice President, Secretary and General Counsel in March 2008. Previously, he served as Vice President and General Counsel of Harcourt Education Group. He oversees all legal, regulatory and corporate matters for the Company.

Lee Ramsayer

Mr. Lee R. Ramsayer is an Executive Vice President - Global Sales and Field Marketing of Houghton Mifflin Harcourt Company. Before joining the Company in February 2012, Lee R. Ramsayer served as Senior Vice President of Sales for Monster Worldwide, Inc.’s Government Solutions sector. Prior to his role at Monster, Mr. Ramsayer served as Manager, Government Sales and Consulting Services for Microsoft from January 2004 to February 2005.

L. Gordon Crovitz

Mr. L. Gordon Crovitz is an Director of the Company. He was Independent Director of Houghton Mifflin Harcourt Company. From 1980-2007, Mr. Crovitz held a number of positions with Dow Jones and The Wall Street Journal, culminating in his role as Executive Vice President for Dow Jones and Publisher of The Wall Street Journal. He co-founded e-commerce software company Press+ in 2009 and is currently a partner at NextNews Ventures, a partnership investing in early-stage news companies. Mr. Crovitz serves on the Board of Directors at Business Insider, Blurb, Dun & Bradstreet, Inc. and Marin Software Incorporated. He is also on the board of the American Association of Rhodes Scholars. Mr. Crovitz’s management roles in the publishing industry and extensive experience as a director enable him to provide the Company with valuable guidance.

Daniel Allen

Mr. Daniel Allen is Independent Director of the Company. Mr. Allen is a Partner at Anchorage Capital Group, L.L.C. and serves as President and Senior Portfolio Manager for the firm. In this capacity, he has responsibility for overseeing the firm’s portfolio management, risk management, and investment decisions. Prior to joining Anchorage, Mr. Allen spent the previous six years with Morgan Stanley, and in his most recent role, was responsible for North American Credit Trading with a primary focus on bank debt, high yield bonds and distressed securities. Prior to joining Morgan Stanley, Mr. Allen was a Loan Trader at Goldman Sachs. He is also on the Board of Trustees of Skidmore College. Mr. Allen’s extensive experience in financial services as a trader and portfolio manager and his extensive knowledge of the capital markets and the financial services industry enables him to provide the Company with valuable guidance.

Jill Greenthal

Ms. Jill A. Greenthal is Independent Director of Houghton Mifflin Harcourt Company. Ms. Greenthal has been a Senior Advisor in Private Equity at the Blackstone Group since 2007, working closely with Blackstone’s global media and technology teams to assist in investments in those sectors. She also serves as a director of Akamai Technologies, Inc., TEGNA Inc. and The Weather Channel and previously served as a director of Orbitz Worldwide from 2007 to 2013 and Michaels Stores from 2011 to 2015. Prior to 2007, Ms. Greenthal was an investment banker and partner at Blackstone and Credit Suisse First Boston. Ms. Greenthal is also a trustee of the Dana-Farber Cancer Institute, The James Beard Foundation and Simmons College and is an Overseer of the Museum of Fine Arts in Boston, Massachusetts. Ms. Greenthal has extensive experience in the media and Internet industry and in advising and financing Internet and media companies, which enables her to provide valuable guidance to the Company.

John Killian

Mr. John F. Killian is Independent Director of Houghton Mifflin Harcourt Company. Mr. Killian was Executive Vice President and Chief Financial Officer for Verizon Communications Inc. (“Verizon”) from March 2009 through October 2010. Prior to becoming Chief Financial Officer, Mr. Killian was President of Verizon Business from October 2005 until March 2009, the Senior Vice President and Chief Financial Officer of Verizon Telecom from June 2003 until October 2005, and the Senior Vice President and Controller of Verizon Telecom from April 2002 until June 2003. Mr. Killian serves on the board of directors at ConEdison Inc. and is Chairman of the board of Providence College. He is also a Trustee of Goldman Sachs Trust II, an open-end management investment company. Mr. Killian brings extensive financial expertise to the Board, as well as significant management and leadership experience.

John McKernan

Gov. John R. McKernan, Jr., is an Independent Director of Houghton Mifflin Harcourt Company. Mr. McKernan, Jr. served as a member of the Board from August 2010 through June 2012 and rejoined the Board in September 2012. Mr. McKernan is currently Chairman and Chief Executive Officer of McKernan Enterprises, Inc., in Portland, Maine and a Senior Advisor at the U.S. Chamber of Commerce, where he also served as its Foundation President from October 2013 to February 2015. He is also currently a director of BorgWarner Inc. and Management and Training Corporation. Mr. McKernan also serves as the Chair of the BorgWarner Foundation. Mr. McKernan is the former Chairman of Education Management Corporation, a provider of post-secondary education in North America, where he served as Chief Executive Officer from September 2003 until February 2007 and as a director until 2015. Mr. McKernan is currently Chairman of the Board of Directors of The Foundation for Maine’s Community Colleges, a director of The American Action Forum and Achieve and served as Governor of the State of Maine from 1987 to 1995. Mr. McKernan brings to the Board superior leadership capabilities, knowledge of the legal and legislative processes and significant prior experience as a director.

E. Rogers Novak

Mr. E. Rogers Novak, Jr., is Independent Director of the Houghton Mifflin Harcourt Company. He is a founder and managing member of Novak Biddle Venture Partners, an early-stage venture fund focused on investment opportunities in education, security, big data analytics and business-to-business-to-consumer businesses. Mr. Novak formerly served as Lead Director of Blackboard Inc., which was acquired by Providence Equity Partners. Mr. Novak currently serves on several private company boards and was a member of the External Relations Council for the Department of Homeland Security’s “Predict” Project. He also serves on the Board of Trustees for Kenyon College where he sits on the Budget, Financial and Audit Committee and the Student Affairs Committee. From 2008 to 2011, Mr. Novak held a seat on the Board of the National Venture Capital Association and was their Treasurer and a member of their Executive Committee from 2009 to 2011. Mr. Novak’s significant prior experience as a director, especially in the education technology sector, renders him a valuable member of the Board.

Tracey Weber

Ms. Tracey Drake Weber is Independent Director of Houghton Mifflin Harcourt Company. She is the Chief Client Officer and Vice President of Transformation for IBM’s Watson Customer Engagement business unit. Until April of 2016, Ms. Weber was a Strategic Advisor for innovative online shopping destination Gilt Groupe, where she formerly served as President from February 2015 to February 2016 and Chief Operating Officer from September 2013 to February 2015. She served as Managing Director, North America Internet and Mobile and Global Product at Citibank, NA, a multinational financial services corporation, from 2010 to 2013. Ms. Weber has also previously served as Executive Vice President of Barnes & Noble, Inc.’s textbooks and digital education division and has held several leadership positions at Travelocity.com. From July 2013 to March 2016, she served on the board of International Game Technology. Ms. Weber’s leadership roles across a variety of consumer industries and extensive digital operations experience enables her to provide the Company with valuable guidance.

Brian Shipman

Mr. Brian Shipman is Senior Vice President, Head of Investor Relations of the Company. He brings more than 20 years of experience in investor relations and capital markets roles. Most recently, he led investor relations programs for Broadridge Financial Solutions and Gartner, Inc. Previously, he served as a senior equity research analyst at Jefferies and UBS, where he covered the publishing, media and entertainment industries. Shipman holds the CFA designation, and earned a Bachelor's degree in Economics and Management from Albion College and an MBA from the University of Oregon.

Basic Compensation

Name Fiscal Year Total

Lawrence Fish

370,675

John Lynch

--

Joseph Abbott

3,004,780

Ellen Archer

1,035,240

Brook Colangelo

986,948

William Bayers

1,113,220

Lee Ramsayer

1,447,100

L. Gordon Crovitz

1,669,500

Daniel Allen

--

Jill Greenthal

237,502

John Killian

250,002

John McKernan

195,002

E. Rogers Novak

180,002

Tracey Weber

116,602

Brian Shipman

--
As Of  30 Dec 2016