David Karnovsky
JPMorgan Chase & Co, Research Division

Let's get started. Happy to have at the conference for the first time, McGraw Hill. And with us, we have President and CEO, Philip Moyer. Philip, thanks for being here.

Philip Moyer
President, CEO & Director

Thank you, David.

David Karnovsky
JPMorgan Chase & Co, Research Division

Okay. So Philip, you're about 3 months into the CEO seat. Maybe can you briefly cover your background and what attracted due to the education sector in McGraw Hill specifically?

Philip Moyer
President, CEO & Director

Sure. And thanks very much, David. I'm really excited to be here at the conference. Great conference. Really looking forward to meeting with all of you as we go forward. My own background, just real briefly, I spent roughly a little bit almost 25 years in big tech. So I was at Microsoft in the very early days before it was worth -- before it had about $1 billion of revenue. I was there for a number of years. I spent a lot of time at Amazon, AWS as the cloud was really coming into its own. And then most recently, I was at Google, I was Vice President of AI Engineering, the Applied AI Engineering teams. Also just prior to this, I was CEO of Vimeo, who was sold to Bending Spoons. And one of the things that attracted me about education, I kind of -- you can't kind of turn a corner today or speak to somebody without having artificial intelligence being talked about. And the reality is that today, the average child that we're educating is probably going to live -- could live to as much as 100 years old. And so I thought