This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Follett Corporation Elects Mary Lee Schneider As President And Chief Executive Officer

RIVER GROVE, Ill., Nov. 15, 2012 /PRNewswire/ -- Follett Corporation today announced that the company's Board of Directors has elected Mary Lee Schneider as President and Chief Executive Officer, effective November 26, 2012. Schneider joins Follett after serving as RR Donnelley's President, Digital Solutions and Chief Technology Officer. She also served on Follett's Board of Directors for 11 years.


"As a board member, I've seen first-hand the critical role that Follett plays in partnering with schools and educators to prepare the next generation of learners," said Schneider. "I am honored to take on this role and I genuinely believe there is no more exciting place to be right now than on the forefront of changes in the education industry."

Schneider is widely recognized as a digital innovator and visionary leader. During her career at RR Donnelley, Schneider had responsibility for identifying, building and growing technology-enabled capabilities and businesses, as well as for setting overall research and development strategy and investment direction. Schneider was responsible for building RR Donnelley's Premedia Technologies business—one of the world's largest providers of digital photography, color management and digital asset management services—and had responsibility for new product development. Schneider started her career in publishing in New York working for McGraw Hill and Time Inc.

" Mary Lee has extensive management experience and a strong track record for driving growth and revenue," said Alison O'Hara, Follett Corporation Chairman of the Board. "The Board of Directors unanimously approved Mary Lee's appointment because of her past success leading technology businesses and operations at large public companies. She has been one of the drivers of RR Donnelley's transformation from print to digital, which is a critical focus for Follett and our customers throughout education."

Schneider will work closely with O'Hara to strengthen and pursue Follett's strategic growth plans. O'Hara joined Follett in 1999 and served as Assistant General Counsel before being named Chairman of the Board in 2011. Following the June 2012 retirement of former President and CEO Chuck Follett, O'Hara served as acting CEO while leading the Board's succession process that culminated in Schneider's election.

"I am confident Follett will continue to lead wherever learning is happening," said Schneider.  "We have a unique vantage point as an unbiased partner in helping schools determine how to make their students more successful, and we'll continue to be that expert counselor between those who publish content and the schools and students who need it."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.03 -2.90%
FB $116.73 7.20%
GOOG $691.02 -2.10%
TSLA $247.54 -1.60%
YHOO $36.59 -0.97%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs