McGraw Hill, Inc. Announces CEO Succession Plan

COLUMBUS, Ohio--(BUSINESS WIRE)--Jan 6, 2026--

McGraw Hill, Inc. (NYSE: MH) (“McGraw Hill” or the “Company”), a leading global provider of education solutions for K-12, higher education and professional learning, today announced that Philip Moyer will become the Company’s President and CEO and join the Board of Directors effective February 9, 2026.

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Moyer succeeds Simon Allen, who will retire as President and CEO after leading the Company since October 2019. Allen will continue as Chair of the Company’s Board of Directors and will work closely with Moyer and the McGraw Hill executive team to ensure a smooth transition and help steer the Company’s long-term growth strategies.

“We are grateful for Simon’s outstanding leadership and the strong foundation he built for McGraw Hill’s long-term financial health and profitability,” said Jacob Kotzubei, Co-President of Platinum Equity and a McGraw Hill Board member. “His passion for education, deep knowledge of the industry and devotion to McGraw Hill and his team have been instrumental in the Company’s transformation. We thank him for guiding McGraw Hill through its journey to become publicly traded and look forward to his continued contributions as Chair. He will be a great asset to Philip and to the Board.”

Moyer brings extensive experience in technology and AI-driven transformation to McGraw Hill. He most recently served as CEO of Vimeo, where he launched an AI-first video strategy that delivered double-digit improvements in revenue and profitability.

Previously, he spent five years at Alphabet, helping launch Google’s Generative AI strategy. He served as Global VP of Applied AI Engineering and Business Development for Google Cloud, after joining the division in July 2019 as VP of Strategic Industries.

Moyer also served as CEO of financial technology companies EDGAR Online, a provider of financial data and analytics solutions, and Cassiopae, a French software company in the commercial banking market. He also served in various roles at Amazon and Microsoft, where he spent 15 years managing global customer teams.

Earlier in his career, Moyer co-founded IEP+ Orion System Group, where he built one of the first digital Individualized Education Programs designed to help K-12 schools manage special education curriculums, testing scores and regulatory reporting. He started his career as a software engineer for nuclear submarines at GE Aerospace after graduating from the University of Pittsburgh with a degree in computer science.

“We are thrilled to welcome Philip to McGraw Hill,” added Matthew Louie, Managing Director at Platinum Equity and a McGraw Hill Board member. “His history of developing market-defining AI solutions that have helped some of the biggest names in technology achieve transformative growth draws many parallels to the opportunities ahead for McGraw Hill. We believe that Philip’s experience, paired with Simon’s continued involvement as Chair, will ensure a seamless transition and bolster the Company’s positive trajectory of increasing market share, revenue growth and profitability.”

Allen added, "I’ve loved every minute working in the education industry for more than 40 years, and rejoining McGraw Hill in 2018 was one of the best decisions of my career. It’s been an honor to build on our extraordinary strengths – the best talent, technology and content in the industry, a deeply trusted brand and an unwavering commitment to helping students and educators succeed. Philip’s extensive experience leading AI strategy and innovation at major technology companies with a relentless customer focus make him the right leader to write the next chapter in our iconic Company’s long and illustrious history. I’m grateful to have the opportunity to continue to serve as Chair of the Board, ensuring Philip has the resources he needs to help McGraw Hill lead the industry in supporting educators and learners for many years to come.”

Moyer commented, "I am thrilled to join McGraw Hill at such a pivotal time. Education has the power to transform lives, and leading a company dedicated to supporting every stage of the learning life cycle is a privilege. McGraw Hill’s trusted brand – combined with its content, data, scale and customer relationships – creates a unique opportunity to harness AI to deliver personalized learning experiences. I look forward to working with Simon and the entire team at McGraw Hill to build on this strong foundation and continue using advanced technology to shape the future of education.”

During Allen’s tenure at McGraw Hill, the Company experienced significant growth in the markets it serves. Under his leadership, the business expanded its market share and achieved a higher quality revenue profile, with its current revenue being nearly two-thirds digital and nearly 60% re-occurring. Before being named President and CEO of McGraw Hill, Allen served as President of the Company’s Higher Education and International business units after rejoining McGraw Hill in March 2018. Allen was previously the CEO of Macmillan Education; SVP, International at The McGraw-Hill Companies; and President, Higher Education at both Pearson Education EMEA and Prentice Hall Europe. Earlier in his career, he held sales leadership roles with the Times Mirror Group in the U.S., Europe and the Middle East.

About McGraw Hill

McGraw Hill (NYSE: MH) is a leading global provider of education solutions for preK-12, higher education and professional learning, supporting the evolving needs of millions of educators and students around the world. We provide trusted, high-quality content and personalized learning experiences that use data, technology and learning science to help students progress towards their goals. Through our commitment to fostering a culture of innovation and belonging, we are dedicated to improving outcomes and access to education for all. We have over 30 offices across North America, Asia, Australia, Europe, the Middle East and South America, and make our learning solutions available in more than 80 languages. Visit us at mheducation.com or find us on Facebook, Instagram, LinkedIn or X.

Safe Harbor Statement

This press release includes statements that are, or may be deemed to be, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of forward-looking terminology, including terms such as “believes,” “estimates,” “anticipates,” “expects,” “projects,” “intends,” “plans,” “may,” “will,” “should” or “seeks,” or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts and include, but are not limited to, statements regarding the Company’s intentions, beliefs or current expectations concerning, among other things, the Company’s results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which it operates. By their nature, forward-looking statements involve risks and uncertainties, as they relate to events and depend on circumstances that may or may not occur in the future. The Company’s expectations, beliefs and projections are expressed in good faith, and the Company believes there is a reasonable basis for them; however, the Company cautions readers that forward-looking statements are not guarantees of future performance and that the Company’s actual results of operations, financial condition and liquidity, and the developments in the industry in which the Company operates, may differ materially from those made in or suggested by the forward-looking statements contained in this press release. There are a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from the forward-looking statements contained in this press release, including those described under the headings “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s final prospectus filed pursuant to Rule 424(b) under the Securities Act, filed on July 24, 2025, the Company’s Quarterly Report on Form 10-Q, filed on November 12, 2025, and in other filings made with the U.S. Securities and Exchange Commission. In addition, even if our results of operations, financial condition and liquidity, and the developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods. Any forward-looking statements the Company makes in this press release speak only as of the date of such statement. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities law.

Philip Moyer named McGraw Hill President and CEO effective February 9, 2026

INGLEWOOD, Calif. (AP) — For the third straight season, the road to the NBA title goes through Oklahoma City.

And this latest No. 1 seed has put the Thunder in some storied basketball company.

Shai Gilgeous-Alexander and his defending champs became the seventh team in NBA history to finish with its conference's best regular-season record in at least three consecutive years when Oklahoma City wrapped up the No. 1 overall seed in the upcoming playoffs with a 128-110 victory over the Los Angeles Clippers on Wednesday night.

The list of NBA teams who topped their conference standings in at least three straight seasons encompasses most of the greatest groups of the past half-century: The dominant Celtics teams of the 1970s and 1980s, the Showtime Lakers, the storied 1990s Chicago Bulls, the 2000s Lakers and the 2010s Golden State Warriors.

After comfortably holding off the Clippers for their 19th win in 20 games, the defending NBA champion Thunder (64-16) joined that elite group by clinching the top seed over San Antonio (61-19) and the league's best overall record.

The Thunder said they don't take this achievement for granted, even as they move on to chase bigger goals over the next two months.

“It feels better for sure, not only because we've had to weather a little more (adversity)," said MVP Gilgeous-Alexander, who had 20 points and 11 assists before sitting out the fourth quarter. “But just repeating something and doing it again is always a little bit harder. It's a little more challenging. The league gets better. Players get better. For us to still have the best overall record through those ups and downs speaks volumes to the team. ... We always say at the beginning of the season that no matter what happened, we have to earn what we get to make it to the playoffs and our seeding, and we earned the first overall seed.”

The Thunder have been a powerhouse ever since they broke through two seasons ago to claim the best record in the West with 57 victories. After winning 68 games last year, they've become only the third team in NBA history to win at least 64 games in back-to-back seasons, joining the 1995-97 Bulls and the 2015-17 Warriors.

But they all know the playoffs are a stiffer test, and Oklahoma City will attempt to become the first team to win titles after having the NBA’s best record in back-to-back seasons since Michael Jordan’s Bulls did it in 1996 and 1997.

“It's a great accomplishment,” Thunder coach Mark Daigneault said. “No two seasons are the same, and this season was a lot different experience. ... When you win the championship, that kind of hangs over you as a team the next year. Everybody — including ourselves — you judge yourself against that. It's incredibly hard to be present in the next regular season. I learned so much from this team, because their ability to come in every day and just embrace the day and the challenge that we had that day is really impressive, and it's why I think we had the season that we did.”

Indeed, Oklahoma City began this season with a 24-2 surge that had the basketball world wondering whether this was the best regular-season team in NBA history. Injuries slowed the Thunder to a mere 18-12 from mid-December to the All-Star break — but they've regained their ruthless momentum with a 22-2 rampage since then.

The Thunder were at least tied for first place in the conference for every day of the season, becoming only the seventh such wire-to-wire winner in league history. Golden State did it most recently in 2016.

“I thought we did a good job of fighting through everything we saw this year, and it’s paid off,” said Chet Holmgren, who scored 30 points against the Clips.

The injury problems might have prevented the Thunder from chasing the best single-season records in NBA history, but they also might have left Oklahoma City a bit fresher for the playoff challenges ahead: Isaiah Joe and Cason Wallace are the only players to appear in 70 games this season.

The Thunder have two more games before several days off to prepare for another postseason run, and Gilgeous-Alexander thinks they'll be ready.

"We understand how to win, and the formula for winning," said Gilgeous-Alexander, who scored at least 20 points in his 141st consecutive game despite not making a free throw for the first time all season. “We understand that everybody doing that is the key to success. It's not the razzle-dazzle and the stuff that's cute. Understanding that getting the job done every night, and how to get it done, I think we've built that muscle more than anything.”

AP NBA: https://apnews.com/NBA

Oklahoma City Thunder guard Shai Gilgeous-Alexander, center, shoots as Los Angeles Clippers guard Kris Dunn, left, and forward Derrick Jones Jr., right, defend during the first half of an NBA basketball game Wednesday, April 8, 2026, in Inglewood, Calif. (AP Photo/Mark J. Terrill)

Oklahoma City Thunder guard Shai Gilgeous-Alexander, right, tries to get past Los Angeles Clippers forward Kawhi Leonard during the first half of an NBA basketball game Wednesday, April 8, 2026, in Inglewood, Calif. (AP Photo/Mark J. Terrill)