Scholastic CEO Peter Warwick receives $5.2M in 2022
Scholastic reports 2022 executive compensation
By ExecPay News
Published: August 12, 2022
Scholastic reported fiscal year 2022 executive compensation information on August 12, 2022.
In 2022, six Scholastic executives received on average a compensation package of $2M, a 43% increase compared to previous year.
Peter Warwick, Chief Executive Officer, received $5.2M in total. 41% of Warwick's compensation, or $2.1M, was in stock awards. Warwick also received $1.8M in non-equity incentive plan, $375K in option awards, $808K in salary, as well as $55K in other compensation.
Iole Lucchese, Executive Vice President, Chief Strategy Officer, received a compensation package of $2M, which increased by 32% compared to previous year. 38% of the compensation package, or $763K, was in salary.
Rosamund Else-Mitchell, Executive Vice President, President, Education Solutions, earned $2M in 2022.
Sasha Quinton, Executive Vice President, President, Scholastic Book Fairs, received $1.7M in 2022, which increases by 20% compared to 2021.
Kenneth J. Cleary, Chief Financial Officer, earned $1.4M in 2022, a 21% increase compared to previous year.
Richard Robinson, Chief Executive Officer, received $37K in 2022, which decreases by 98% compared to 2021.
Scholastic's fiscal year ends on May 31.
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