Iole  Lucchese net worth and biography

Iole Lucchese Biography and Net Worth

Chair, EVP, Chief Strategy Officer and President of Scholastic

Iole Lucchese was appointed Executive Vice President of Scholastic Corporation in 2016 and Chair of the Board of Directors in 2021, having served as Chief Strategy Officer since 2014. A 30-year veteran of the Company, she has consistently led innovative efforts to deepen connections with and better support teachers, families, young readers, and other consumers, while expanding access to Scholastic content around the world. During her career, she has worked to modernize Scholastic for the digital age, forge new and innovative partnerships, and extend the Company’s reach to diverse audiences, focusing on content development and the strengthening of the Scholastic brand in publishing and education.   

In her role as Chief Strategy Officer, this focus has enabled the Company to continue to advance its strategic and creative initiatives across all business units—including new offerings, business transformation and complementary cross-Company marketing. In addition to her corporate strategic role, Iole is also responsible for the company’s digital content and e-commerce strategy, including the use of social media and new ways of approaching parents directly.

Iole led the successful relaunch of Scholastic Entertainment in 2017 by recognizing the untapped potential of the Scholastic brand to bring its beloved stories and content to multiple platforms. Against the backdrop of an exploding streaming landscape, the division rapidly expanded under her leadership, growing to a highly-profitable business as Scholastic’s media activities met the market’s need for engaging children’s content. As a result, numerous projects are currently in development or production today, ranging from animated series like Peabody Award-winning and Daytime Emmy® Award-nominated Stillwater on AppleTV+ and Clifford the Big Red Dog on Amazon Prime Video and PBS Kids, to live action films like Clifford the Big Red Dog and The Magic School Bus Rides Again. With an eye toward strategic investment and a focus on discovering and celebrating diverse voices, Iole also spearheaded a partnership with the new media company Picturestart. The highly-anticipated screen adaptation of Animorphs is currently in development—a product of the companies’ partnership. Iole also sits on the Board of Picturestart.  

At Scholastic Canada, Iole led the publishing and marketing group, recognizing the opportunity to create a content pipeline among international offices, and ensuring shared access to the rich content that has made Scholastic so meaningful to educators, families, and kids. Ultimately, Scholastic Canada was cemented as the #1 children’s book publisher in that market and, during Iole’s tenure, revenues grew from $25 million to $150 million (Canadian) annually by the time she joined Scholastic’s headquarters office in New York City.

Iole began her career at Scholastic, after initially planning to follow her family into teaching. A native of Canada, her very first job was with Scholastic Canada Book Clubs. She began as an associate editor for the book clubs, quickly bringing a critical eye for enhancement that led to increasing the number of books, diversifying the offerings and strategically structuring pricing for better profitability, while still keeping books affordable and enabling access to children of all backgrounds.

Born in Toronto, Ontario, Ms. Lucchese is a first-generation college graduate, having received her degrees from the University of Toronto. 

What is Iole Lucchese's net worth?

The estimated net worth of Iole Lucchese is at least $2.10 million as of July 23rd, 2024. Ms. Lucchese owns 74,264 shares of Scholastic stock worth more than $2,096,473 as of December 4th. This net worth evaluation does not reflect any other assets that Ms. Lucchese may own. Additionally, Ms. Lucchese receives a salary of $1,400,000.00 as Chair, EVP, Chief Strategy Officer and President at Scholastic. Learn More about Iole Lucchese's net worth.

How old is Iole Lucchese?

Ms. Lucchese is currently 57 years old. There are 4 older executives and no younger executives at Scholastic. The oldest executive at Scholastic is Mr. Andrew Stearns Hedden, Executive VP, General Counsel & Secretary, who is 83 years old. Learn More on Iole Lucchese's age.

What is Iole Lucchese's salary?

As the Chair, EVP, Chief Strategy Officer and President of Scholastic Corporation, Ms. Lucchese earns $1,400,000.00 per year. The highest earning executive at Scholastic is Mr. Peter Warwick, President, CEO & Director, who commands a salary of $2,300,000.00 per year. Learn More on Iole Lucchese's salary.

How do I contact Iole Lucchese?

The corporate mailing address for Ms. Lucchese and other Scholastic executives is 557 BROADWAY, NEW YORK NY, 10012. Scholastic can also be reached via phone at (212) 343-6100 and via email at [email protected]. Learn More on Iole Lucchese's contact information.

Has Iole Lucchese been buying or selling shares of Scholastic?

Iole Lucchese has not been actively trading shares of Scholastic during the last ninety days. Most recently, on Tuesday, July 23rd, Iole Lucchese bought 1,654 shares of Scholastic stock. The stock was acquired at an average cost of $30.49 per share, with a total value of $50,430.46. Following the completion of the transaction, the executive vice president now directly owns 74,264 shares of the company's stock, valued at $2,264,309.36. Learn More on Iole Lucchese's trading history.

Who are Scholastic's active insiders?

Scholastic's insider roster includes John Davies (Director), Paul Hukkanen (CAO), Iole Lucchese (Chair, EVP, Chief Strategy Officer and President), Peter Warwick (Pres), and Peter Warwick (President and Chief Executive Officer). Learn More on Scholastic's active insiders.

Iole Lucchese Insider Trading History at Scholastic

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/23/2024Buy1,654$30.49$50,430.4674,264View SEC Filing Icon  
4/18/2024Sell400,000$33.51$13,404,000.00579,247View SEC Filing Icon  
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Iole Lucchese Buying and Selling Activity at Scholastic

This chart shows Iole Lucchese's buying and selling at Scholastic by year and by quarter.

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Scholastic Company Overview

Scholastic logo
Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education Solutions, and International. The Children's Book Publishing and Distribution segment engages in publication and distribution of children's print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States. Its original publications include The Harry Potter, The Hunger Games, The Bad Guys, The Baby-Sitters Club, The Magic School Bus, Captain Underpants, Dog Man, Wings of Fire, Cat Kid Comic Club, and Clifford The Big Red Dog, as well as I Survived, Goosebumps; licensed properties comprising the Peppa Pig and Pokemon; and publishes and creates Klutz and Make Believe Ideas titles, such as Mini Shake Shop, Pokemon Stained Glass, LEGO Miniature Photography, and the Never Touch series. The Education Solutions segment publishes and distributes classroom magazines under the Scholastic News, Scholastic Scope, Storyworks, Let's Find Out, and Junior Scholastic names; supplemental and classroom materials and programs, and related support services; and print and on-line reference, and non-fiction products, as well as consulting services. The International segment publishes and distributes English, Hindi, and French language children's books; and operates school-based marketing channels, as well as supply original and licensed children's books, and supplemental educational materials including professional books for teachers. It distributes its products and services directly to schools and libraries through retail stores and the Internet. The company was founded in 1920 and is headquartered in New York, New York.
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Today's Range

Now: $28.23
Low: $27.80
High: $29.16

50 Day Range

MA: $28.58
Low: $26.83
High: $30.08

2 Week Range

Now: $28.23
Low: $15.77
High: $31.86

Volume

495,338 shs

Average Volume

183,246 shs

Market Capitalization

$709.70 million

P/E Ratio

N/A

Dividend Yield

2.72%

Beta

1.18