Houghton Mifflin
Houghton Mifflin Company is a leading educational publisher in the United States. They publish textbooks, instructional technology materials, assessments, reference works, and fiction and non-fiction for both young readers and adults.
Company history
In 1832, William Ticknor and James Fields had gathered an impressive list of writers, including Ralph Waldo Emerson, Nathaniel Hawthorne, Mark Twain, and Henry David Thoreau. The duo formed a close relationship with Riverside Press, a Boston printing company owned by Henry Oscar Houghton. Shortly after, Houghton also founded a publishing company with partner George Mifflin. In 1880, Ticknor and Fields, and Houghton and Mifflin merged their operations, combining the literary works of writers with the expertise of a publisher, creating a new partnership named Houghton, Mifflin and Company.
Shortly thereafter, the company established an Educational Department and from 1891 to 1908, sales of educational materials increased by five hundred percent. Soon after 1916, Houghton Mifflin became involved in publishing standardized tests and testing materials, working closely with developers of such tests, including E.F. Lindquist. The company was the fourth-largest educational publisher in the United States in 1921. Today, the company has three assessment divisons: Riverside Publishing, Edusoft, and Promissor.
In 1967, Houghton Mifflin became a publically traded company on the New York Stock Exchange under symbol HTN.
During the 1990s, Houghton Mifflin acquired both McDougal Littell and Company, an educational publisher for secondary school materials, and D.C. Heath and Company, a publisher of supplemental educational materials. In 1996, the company created their Great Source Education Group to combine the supplemental material product lines of their School Division and these two companies.
In 2001, Houghton Mifflin was acquired by an international media group, Vivendi Universal, but shortly thereafter was sold to Thomas H. Lee, Bain Capital, and The Blackstone Group, who remain the current owners.
Management team
- Anthony Lucki – President and CEO
- Stephen Richards – Executive VP, CFO, and COO
- June Smith – Executive VP, College Division
- Sylvia Metayer – Executive VP; President, Assessment Group
- Rita H. Schaefer – Executive VP; President, McDougal Littell
- Maureen DiMarco – Senior VP, Educational and Governmental Affairs
- Gerald Hughes – Senior VP, Human Resources
- Theresa Kelly – Senior VP, Trade and Reference Division
- Patrick Meehan – Senior VP and CIO
- Steven Zukowski – Senior VP; President, Great Source Education Group
- Paul Weaver – Senior VP; Clerk, Secretary, and General Counsel
- Stephen Tapp – VP; General Manager, Promissor
- Lee Jones – President, Riverside Publishing
Locations
