Iole Lucchese Wiki – Iole Lucchese Biography
According to The Wall Street Journal, Iole Lucchese became the heir and controller of Scholastic Corporation after the sudden death of M. Richard Robinson Jr., the longtime head of the 1.2 billion dollar publishing company. Lucchese was the longtime romantic partner of Robinson, the newspaper reported.
According to Scholastic, Lucchese is the Executive Vice President of Scholastic Corporation, Chair of the Board of Directors, and Chief Strategy Officer. The Wall Street Journal reviewed Robinson’s 2018 will, in which Robinson described Lucchese as “my partner and closest friend.” He also left her his possessions, according to The Wall Street Journal. She was 30 years younger than Robinson.
She is 54 years old.
Lucchese was the first person in her family to graduate college, according to her Scholastic biography. She is from Toronto, Ontario, and attended the University of Toronto.
“Born in Toronto, Ontario, Ms. Lucchese is a first-generation college graduate, having received her degrees from the University of Toronto,” her biography said.
She has now inherited a company worth $1.2 billion, according to the Associated Press. Robinson took over the company after his father. Scholastic became the world’s largest publisher of children’s books under Robinson, according to the AP.
The company says it distributes 1 out of every three children’s books in the United States. The company is publicly traded and has an estimated net worth is around $1.2 billion, the AP reported. According to the AP, the company’s net worth dropped from $1.6 billion in 2016 but surged from its value of about $800 million in 2020.
According to her Scholastic bio, Lucchese, a 30-year-veteran of Scholastic, spent her entire career with the company. She started with the Scholastic Canada Book Clubs and rose through the ranks. She was named Chief Strategy Officer in 2014, Executive Vice President of Scholastic Corporation in 2016, and Chair of the Board of Directors in 2021, the bio said.
Early in her career, she was credited with increasing the diversity of book offerings to increase profitability for the company while keeping books affordable to children and their families. Her earliest jobs included serving as an associate editor, the bio said. She initially planned to be a teacher, following in her family’s footsteps, the biography said.
Robinson went for a walk in Martha’s Vineyard when he died suddenly in June, The Wall Street Journal reported. He was 84, according to the Associated Press.
Scholastic’s Board of Directors released a statement at the time announcing his death, but it did not reveal his cause of death. He had been in “excellent health,” the AP reported. The New York Times later reported Robinson died from a heart attack. Robinson went for a walk in Martha’s Vineyard when he died suddenly in June, The Wall Street Journal reported. He was 84, according to the Associated Press.
Scholastic’s Board of Directors released a statement at the time announcing his death, but it did not reveal his cause of death. He had been in “excellent health,” the AP reported. The New York Times later reported Robinson died from a heart attack.