John Wiley & Sons Inc at Morningstar Management Behind the Moat Conference (Virtual) Transcript

Sep 29, 2020 / 02:00PM GMT
Zain Akbari - Morningstar Inc., Research Division - Equity Analyst

Hello, everybody, and welcome to the 2020 Morningstar Management Behind the Moat Conference. My name is Zain Akbari. I'm an equity analyst on the consumer team.

And we're very happy to have CEO, Brian Napack; and CFO, John Kritzmacher, here with us this morning from John Wiley & Sons. We've awarded Wiley a Wide Moat rating based on the switching costs and intangible assets inherent in its Research Publishing, Academic & Professional Learning and Education Services segments.

Brian, John, thanks for being with us this morning.

Brian A. Napack - John Wiley & Sons, Inc. - President, CEO & Director

And we're very happy to be here. Thank you.

Questions and Answers:

Zain Akbari - Morningstar Inc., Research Division - Equity Analyst

So I'll start off with some questions. But for those with me -- and please do send in questions using the online tool. I'll be working those in, especially during the last 10 to 15 minutes
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