Against the Grain

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The Scholarly Publishing Scene — Board Sketches

Myer Kutz

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This document has been made available through Purdue e-Pubs, a service of the Purdue University Libraries. Please contact [email protected] for additional information. The Scholarly Publishing Scene — Board Sketches Column Editor: Myer Kutz (President, Myer Kutz Associates, Inc.)

ecognizing that the actions of a board governance experience in media and tele- advisory boards. Suzanne Wood, a financial of directors — or a board of trustees communications. David Flaschen, a former professional, holds a senior management posi- R— can affect the fortunes, if not the rep- professional soccer player, has executive and tion at a construction materials company and utation of an organization (see the University governance experience in the information ser- has worked at companies providing equipment of Maryland imbroglio over a compromised vices industry. John Rishton has international rentals, construction materials, and sportswear. football coach), I thought it would be interest- experience in the automobile, retail, airline The other three of the scholarly publishing ing to look over the rosters of non-executive and shipping industries. Mary McDowell has big five are wholly publishing companies. board members of the commercial publishers held governance, executive, and managerial Let’s look first at Springer , which is who control half or more of the scholarly and positions in the telecommunications industry. organized as a German partnership with shares reference business. Those, as we well know, Early in her career, she worked as a systems held by entities controlled by the Holtzbrink would be Taylor & Francis, Elsevier, Spring- engineer. David Wei has extensive experience Publishing Group and funds advised by BC er Nature, Sage, and Wiley. Depending on in investing and managing companies in China, Partners. At the top of is your perspective, a board action — such as including Alibaba.com Limited and B&Q a supervisory board, which includes members hiring or firing a CEO, approving or rejecting China, China’s largest home improvement of the company’s management team. The a budget or an acquisition or merger — can retailer. He’s chairman and founding partner chairman is Dr. Stefan von Holtzbrink, who be either good or evil. So ... this column isn’t of a private equity fund focused on investments was trained in law and literature and holds a intended to be a muckraking exercise, just a in internet, e-commerce and B2B services in PhD in media law. He has had a long career rehearsal of biographical details and a bit of China. in publishing. He is a member of the boards commentary about them. Elsevier is the STM publishing segment of of The Max Planck Society for the Advance- Let’s start with two publishing houses in the RELX group, which has three other seg- ment of Science and of the Goethe Institute. roughly similar circumstances — Taylor & ments — risk and business analytics (offices in Other Springer Nature supervisory board Francis and Elsevier. Each is a segment of the U.S. [Georgia] and in the UK [Surrey], legal members: The deputy chairman is Dr. Ewald a larger publicly held organization. In Taylor [LexisNexis], and exhibitions [an events busi- Walgenbach, a managing partner at BC Part- & Francis’s case, it’s part of Informa, which ness]). The chairman, Sir Anthony Habgood, ners. He holds a biology PhD from the Max has four segments — academic publishing (T has been called the “City of ’s go-to Planck Institute. He has been involved in & F and all the other publishers it has gobbled grandee.” He’s had a distinguished internation- the chemicals industry and worked in media up in recent years); business intelligence (over al executive and governance career in a variety companies, including Bertelsmann. Simone 250 subscription products that serve a multi- of industries. He holds an economics MA from Menne holds a degree in business admin- plicity of industries); global intelligence (200 Cambridge, an industrial administration MS istration from the University of Kiel. She exhibitions); and knowledge and networking from Carnegie Mellon, a civil law honorary has worked in and served on advisory boards (conferences and training events in global doctorate from the University of East Anglia, of companies in the aviation industry. Obi finance, life sciences, and telecommunications, and is a visiting fellow at Oxford. Felten, who has an Oxford BA in philosophy media, and technology (TMT).) As for the other non-executive directors, and psychology, has worked in the ecommerce In 1936, Taylor & Francis, which now three are American, two British, two Dutch, sector. She now leads early stage projects dates back more than two centuries, became a and one German. Dr. Wolfgang Hauser, who at X, Alphabet’s moonshot enterprise. Dr. private limited company with leading scientists has a master’s degree in medicine and a medi- Stephan Oschmann, who holds a veterinary as directors and shareholders. The composition cal doctorate from German universities, holds medicine doctorate from a Munich University, of the board of directors looks much different governance positions in a transportation and a has worked in the healthcare sector, including nowadays. The chairman, Derek Mapp, is a food processing and retailing company and has pharmaceuticals. He is CEO and chairman businessperson with extensive commercial and held executive positions in auditing, testing, of the executive board of Merck. Dr. Bernd governance experience within various sectors, inspection and risk management businesses. Scheifele studied law in Germany, France including service industries. He has headed 12 Adrian Hennah has held financial positions and the U.S. and holds a law PhD from the different companies, including Tom Cobleigh in businesses involved in health and hygiene University of Freiberg. He worked as an PLC, a collection of retail pubs, and has been products, medical equipment, and pharmaceu- attorney early in his career, then turned to se- chairman of numerous others. He has been ticals. Robert MacLeod is chief executive of a nior executive and governance positions in the Chairman of the British Amateur Boxing UK global specialty chemicals and sustainable pharmaceutical industry. Jens Schwanewedel, Association. technologies company. Carol Mills, a technol- who has degrees in business administration As for other Informa board members: ogy professional who was at Hewlett-Packard and management from German and French Greg Lock, the new deputy chairman, has for 16 years, has also worked in cyber security universities, has held management positions more than 45 years experience in the technol- and ecommerce businesses. She is a director in planning, analysis, and accounting at Hugo ogy, software and computer services industry, of a social game developer. Ben van der Veet, Boss and at Holtzbrink. He also serves on including a 30-year career at IBM. Gareth an accounting professional, spent four decades two bank supervisory boards. Bullock has worked in the banking industry at KPMG. He is a board member of a pension, Sara Miller McCune founded independent and has extensive risk and special assets man- insurance and asset management company and Sage Publications, Inc. in 1965 at the age of agement experience. Cindy Rose worked as a dairy cooperative, both multinationals based 24 with a single journal. She was Sara Miller a lawyer in the U.S. and the UK in the Netherlands. Linda Sanford, back then, a MacMillan employee mentored and has held executive positions who was at IBM for four decades, is by George McCune. The couple married and in the TMT and digital services a consultant to the Carlyle Group moved the business from New York City to industries. Helen Owers has and a trustee of the New York Hall California. Sage now publishes 1,000 journals extensive international senior of Science, the State University of and 800 books annually. I’ve considered Sage executive experience within New York, St John’s University, a social and behavioral science publisher. Re- the media sector, particularly and Rensselaer Polytechnic cently, I was surprised to see that the company in business information. She Institute. Marike van Lier is publishing an journal in me- once worked at Prentice Lels has long been in the chanical engineering. A noted philanthropist, Hall. Stephen Davidson transportation industry and has Sara Miller McCune is executive chairman of served on Dutch governmental has extensive executive and continued on page 61

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Sage’s board of directors. This board, with its mix of experience in university administration, educational delivery, and business growth man- agement, has an entirely different look than the three boards I’ve already presented. The non-executive Sage directors are: Dr. Gretchen Bataille, who serves as senior vice president for Academic Affairs of The Uni- versity of North Carolina and served as vice chairman of the board of trustees of College- board.com, Inc. Brian Belchers was a partner at Ernst & Young and a vice president at Cap Gemini. He supervised parts of consulting practices that helped companies navigate rapid growth. Dr. Renu Khator, a native of India, is Chancellor and President of the University of Houston. Previously, she held various po- sitions at the University of South Florida for 22 years. She has published five books as well as various chapters and articles on global public administration, environmental issues, and South Asian politics. Susan Gibbons is University Librarian and Deputy Provost for Libraries & Scholarly Communication, Yale University. She focuses in part on data management and access. Timo Hannay is the founder and managing director of School Dash Limited, a London-based education technology company. He also founded and managed London-based Digital Sciences. David F. McCune and Douglas McCune are family members. Dr. Peggy O’Brien (PhD, American University), who early in her career taught high school English in Washington, DC public schools, is Other directors: William Pesce, who company in 1987. Mari Jean Baker is a veteran Director of Education at the Folger Shake- holds an MBA in Finance from NYU’s Stern of numerous technology companies, including speare Library. She’s had a distinguished School of Business, was Wiley’s president and Quicken, as an executive and a director. She career, including stints at the Corporation for CEO from May 1, 1998 until April 30, 2011. also worked in venture capital. She has been a Public Broadcasting and at Knowledge In, Previously he ran Wiley’s college publishing trustee of Stanford University, her alma mater. Knowledge Out, Inc., an internet educational division, and prior to that was president of the George D. Bell is another veteran of numerous company. David Walsh is the managing medical publisher W/B. Saunders. He has been technology companies with high-level positions. partner for growth equity activities at Kanye a trustee at William Paterson University since He was also the founder of The Outdoor Life Anderson Capital Advisors LLP, which is 2002 and serves as vice chairman. Laurie A. Network/The Outdoor Life Channel (now an alternative investment firm across energy, Leshin (PhD in geochemistry from Califor- NBC Sports Network) and served as senior real estate, credit and specialty growth capital. nia Institute of Technology) is president of vice president at Times Mirror Magazines. More than three decades ago, Wiley split Worcester Polytechnic Institute. Previously, He won four Emmys as producer and writer its shares into two classes, voting (B shares) she was dean of the school of science at Rens- of adventure, wildlife and vanishing culture and non-voting (A shares). It’s easy to buy A selaer Polytechnic Institute, a distinguished documentaries for ABC, Discovery Channel shares; B shares, on the other hand, are closely, professor of geological sciences at Arizona and National Geographic. William Plummer, and mainly family, held. As a result, such major State University, and director of science and who has a Stanford MBA and MIT BA and MS issues as, for example, whether the company will exploration at NASA’s Goddard Space Flight degrees in aeronautics and astronautics and is be sold, are the Wiley family’s call. With all that Center. She received appointments from Presi- a Chartered Financial Analyst, has worked at in mind, let’s take a look at the board of directors. dents Bush and Obama. She has published ap- United Rentals, Dow Jones, Alcoa, Mead, GE Until October 2015, the board chairman proximately 50 scientific papers. David Dobson Capital, and Goldman Sachs. Jesse Wiley is was Peter Booth Wiley, who’s lived in Cal- is CEO of Digital River, which supplies global a manager of business development at Wiley. ifornia, has written many American history online commerce solutions for its customers. While each of these boards has its own books, and is one of the two sons of the leg- He’s a veteran of IBM, Pitney Bowes (as is flavor, there is a strain of technology experi- endary Brad Wiley, one of the founders of Matthew Kissner), and software developer ence that runs through them all, which should the Association of American Publishers. He CA Technologies. Beth A. Birnbaum has held come as no surprise given the intense interest joined the board in 1984 and became chairman executive positions at PlayFab (a live game in technology among publishing houses. IBM in 2002. The current chairman is Matthew S. backend platform, sold to Microsoft this year), and Pitney Bowes are breeding grounds for Kissner, who joined the board as a director in GrubHub, and Expedia. William Pence, who future directors. So are consumer Internet 2003. He has deep business experience at such has an electrical engineering PhD from Cornell, companies. General business experience in companies as Pitney Bowes, Bankers Trust has held executive positions at AOL, WebMD, pharmaceuticals, healthcare, and transportation Company, Citibank, Morgan Stanley and Napster, and Universal Music. He spent more is also favored. I note that very few directors on Westvaco Corporation. He has been active than a decade at IBM. Raymond W. McDaniel, these boards have written their own journal pa- in the private equity and government spheres. Jr., a lawyer by training, has been the CEO pers or published their own books. Nowadays, I During the latter half of 2017, he served as since April 2005 and president since April 2012, suppose, no one who is interested in publishing Wiley’s interim president and CEO. at Moody’s Corporation. He first joined the company governance thinks that matters.

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