14 Facts About Follett Corporation

1.

Follett Corporation is a Westchester, Illinois-based company that provides a variety of educational products to schools, colleges, and public libraries through its subsidiaries.

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2.

Follett Corporation was founded in 1873 when Charles M Barnes opened a used book store in his Wheaton, Illinois home.

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3.

Follett Corporation had now evolved into a wholesaler, selling used books throughout the Midwest and as far away as the Oklahoma Territory.

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4.

Follett Corporation became vice president and a shareholder of the company.

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5.

Follett Corporation founded the Follett Corporation College Book Company and began wholesaling used textbooks to professors and college bookstores.

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6.

Follett Corporation died in 1952 at the age of 70, Dwight Follett Corporation succeeded his father as chairman.

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7.

Follett Corporation continued to grow and was renamed Follett Corporation in 1957, which it is still known by today.

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8.

Follett Corporation Publishing sold its trade publications in 1979 to New Century Publishing; the remainder of Follett Corporation Publishing was sold to Esquire Inc.

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9.

In 1997, Follett Corporation restructured its board of directors, adding three non-family members.

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10.

In 1998, to strengthen the company's ability to meet the needs of its customers, Follett Corporation aligned its various business units under three market groups – Higher Education, Elementary and High Schools and Libraries.

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11.

Charles R Follett took over the company as president and CEO after holding a wide range of leadership roles during his 37 years with the company.

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12.

In January 2014, Follett Corporation announced that the company's board of directors named Todd Litzsinger as chairman of the board.

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13.

Follett Corporation has held a series of leadership positions with the company, most recently President of Content Solutions and Services for Follett School Solutions, the company's preK–12 business.

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14.

In June 2015, Follett Corporation purchased Neebo, the retail division of the Nebraska Book Company, adding more than 200 retail store locations; Follett hired Neebo's employees as part of the transition.

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