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Integration Update

MESSAGE TO RIGBY EMPLOYEES FROM STEVEN KORTE:

Over the past several months since the Reed Elsevier acquisition of Harcourt and the formation of Harcourt Supplemental Publishers, many tasks facilitating integration have been initiated.  Simultaneously, our executives have been involved in various stages of organizational thinking, planning, and gaining familiarity with their respective areas.  Newly formed colleagues from Austin and Barrington have already concluded the first of many future meetings that will be valuable for our business decisions going forward.

In the commitment to continuing communication, over the next four weeks each executive in your respective department will have met with you as a group or individually to clarify your department’s status in the integration process and then will subsequently provide a company-wide update with relevant information pertaining to each particular area.

After this series of announcements and departmental meetings are completed, I will then schedule March quarterly meetings at our Barrington and Austin business locations.  It is the desire of our executive team to acknowledge your concerns, to provide a forum for your questions, and to communicate openly about our company’s future.  We sincerely appreciate your professionalism and business/customer focus as this integration project progresses.

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