The board of directors of John Wiley & Sons has officially elected Matthew S. Kissner to succeed Peter Booth Wiley as chairman of the board. Wiley, who joined the board in 1984 and succeeded his brother Bradford Wiley II as chairman in 2002, first announced that he would retire in December 2014.

Kissner, who has served on Wiley’s board since 2003, is a former executive v-p and group president of Pitney Bowes, and has held leadership positions at Banker’s Trust, Citigroup, and Morgan Stanley.

“I am truly grateful for the support I have received over the years from my board colleagues, as well as for the opportunity to learn publishing from my Wiley colleagues and from our customers and partners," said Wiley. "Although I am stepping down as chairman after 13 years, the Wiley family remains dedicated to its leadership role in the governance of the company and to maintaining Wiley’s legacy as an independent, competitively ambitious enterprise committed to quality content, a strong board, experienced management, and a global community of creative colleagues.”