Follett Corporation announced its plans to further consolidate its businesses involved in products and services for the K-12 school library arena. Currently, several separate companies, each acting as wholly owned subsidiaries of Follett Corporation, offer a distinct set of products.
These companies include:
- Follett Software Company , which offers the Destiny family of school and district library and textbook management products and the Aspen learning management system
- Follett Library Resources, which offers print and electronic materials to schools through its Titlewave platform
- Follett Educational Resources, which is involved in buying and selling textbooks
- Follett International, which markets the company's products and services outside North America
Beginning in November 2011, these companies began to operate under common oversight, forming the Follett School and Library Group. All four of these business will be combined into a single company, named Follett School Solutions, to take effect by Fall 2013. These companies will operate under a single executive management team, will have a unified presence at conferences, and will be represented to its customers through a unified sales force.
Tom Schenck will lead the new organization as its President and Chief Operating Officer. Schenk's portfolio has continually expanded in recent years. In 1998 Schenk was named as President of Follett Software Company, promoted from his previous role as its Executive Director of Development. In November 2011 he was given responsibility for the newlyformed Follett School and Library Group.
Follett Higher Education Group, whose key activities include operating college bookstores, will continue to operate as a separate organization.