That Scholastic CEO Richard Robinson left everything to Iole Lucchese rather than to his ex\u002Dwife, two sons, or siblings is causing alarm, family drama and…
Despite the 30-year gap between them and the shock of his family, the situation does not seem a stark case of a lover bizarrely getting a family firm at the expense of an established family succession plan.
She was named Scholastic’s Chief Strategy Officer in 2014 and was appointed Executive Vice President in 2016.Article content In a reshuffling of the company hierarchy last month in response to Robinson’s death, Peter Warwick, who sat as an independent director on the company’s board for seven years, was named the new president and chief executive officer.Article contentA new company director was also named in the reshuffle: Robert Dumont was a designee of the Robinson Family, the company said. He is a lawyer specializing in tax and estate planning.
“Dick was a true visionary in the world of children’s books and an unrelenting advocate for children’s literacy and education with a remarkable passion his entire life. The company’s directors and employees, as well as the many educators, parents and students whose lives he touched, mourn his loss.”AdvertisementThe company was started by Robinson’s father, Maurice R. Robinson in 1920. It began as a magazine publisher in Pennsylvania and published its first book in 1926.
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