Pearson PLC PSON Directorate Change

  Pearson PLC (PSON) - Directorate Change

RNS Number : 1219S
Pearson PLC
27 November 2012






Press release

27 November 2012



BOARD CHANGE



Pearson today announces that Rona Fairhead, chairman and chief executive of
the Financial Times Group and a main board director, has decided to leave the
company. She will step down from the board at the Pearson AGM in April 2013.



In a 12-year career at Pearson, Rona has held several senior roles including
chief financial officer, chairman and chief executive of the FT Group and
chairman of Interactive Data Corporation. She has decided to pursue the next
phase of her career outside Pearson, after a handover period during which she
will provide support to Pearson's new leadership and transfer her
responsibilities.



Marjorie Scardino, chief executive, said: "For a little over a decade, Rona
has been at the heart of Pearson's development and progress. As our CFO she
brought a new level of financial insight and discipline which served us well
long after she left that role. She has led a fundamental restructuring and
refocusing of the FT Group, including its successful development of digital
businesses, and leaves a strong organisation with a bright future in a highly
challenging industry. She has been an exceptional executive and colleague and
while we regret her decision to go, we respect her desire for a new
challenge."



Rona Fairhead said: "The leadership transition at Pearson makes this a natural
moment for me to make a change. I will miss Pearson deeply but will cheer from
the sidelines as its new leadership team develops and evolves Pearson's
successful strategy and culture. I am very proud to have been part of it, but
am ready to tackle a new set of challenges."



Glen Moreno, chairman, said: "Rona has been not only an outstanding leader and
executive at Pearson, but also a valuable contributor to our board. She has
played an important role in all our key strategic discussions and decisions,
and the whole board joins me in thanking Rona and wishing her continued
success."



ENDS



For more information:

Luke Swanson / Simon Mays-Smith / Charles Goldsmith:  +44 (0)20
7010 2310



Notes to editors:

Rona Fairhead joined Pearson in October 2001 having previously held senior
finance and general management roles at ICI plc and Bombardier/ Shorts.



She was appointed Pearson's chief financial officer and joined the Pearson
board in June 2002. She began her current role as chairman and CEO of the
Financial Times Group in 2006, and had additional responsibility for building
Pearson's professional education businesses. From 2006 until 2010 she was
chairman of Interactive Data Corporation, stepping down after steering the
company through its $3.4bn sale to Silver Lake and Warburg Pincus.



                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


BOAEALFXAELAFFF -0- Nov/27/2012 14:05 GMT
 
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