Chuck Follett, president and CEO of Follett Corporation, has announced hisdecision to retire after 38 years with the company. The Follett board has initiated a search for Follett's successor. In the interim, Follett will remain the company's president andCEO until a successor is identified. Follet has been the company's president and CEO since June 2010.
Commenting on his decision, Follett said, "Today Follett Corporation is well positioned to continue to build on its 138-year track record ofinnovation and success in education. The company is strong both financially and operationally."