Will the Good Times Last at Pearson?

Under CEO Scardino, the publisher of textbooks and the Financial Times posts 2007 profit growth of 14%, but challenges lie ahead

Few people expected Marjorie Scardino to last this long. When she was appointed chief executive of Pearson more than 11 years ago, the news sent the company's share price into a downward spiral. "The market was looking for a hard-hitting, well-known character, and they didn't get one," harrumphed one analyst, by way of explanation.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.