UK publisher Pearson chief executive Marjorie Scardino to step down
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$1 per week for 24 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $4.00 plus GST every four weeks. After 24 weeks, price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.75/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Winnipeg Free Press access to your Brandon Sun subscription for only
$1 for the first 4 weeks*
*$1 will be added to your next bill. After your 4 weeks access is complete your rate will increase by $0.00 a X percent off the regular rate.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 03/10/2012 (4721 days ago), so information in it may no longer be current.
LONDON – Pearson PLC, the U.K. publisher and education company, said Wednesday that chief executive Marjorie Scardino has decided to step down.
Scardino, aged 65, has been chief executive since 1997 — managing the company through a time of significant change in the media world. She led Pearson’s transformation from a diverse conglomerate to a “learning company” and helped raise its profile in the United States.
The publisher of the Financial Times and Penguin Group books said Wednesday it expects more than half its revenues to come from digital and services businesses for the first time this year. Pearson has focused extensive resources on education under Scardino’s watch.
A former partner in a Savannah, Georgia law firm, Scardino and her husband founded The Georgia Gazette newspaper, a Pulitzer Prize winner in 1984. She is a native of the United States with Texas roots who became chief executive of the Economist Group before joining Pearson.
She will be replaced on Jan. 1, 2013 by John Fallon, who has been responsible for education businesses in markets like China, India, Brazil and southern Africa, which Pearson says are fundamental to growth.