Pearson Plc
PSON:LN
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Overview
Company Profile
UK higher education-focused publisher of courseware and assessment services provider. Its product offering includes Wall Street English, a global language school for adults, online program management, academic and vocal qualifications and digital learning for schoolchildren. Pearson's stated strategy is to combine its core capabilities and learning technology with related services to enable its partners to achieve scale online.
Classification
Financials
News & Media
Corporate
Board of Directors
Glen Moreno
Chairman
Glen has more than four decades of experience in business and finance, and is currently non-executive director and chairman of Virgin Money Holdings (UK) plc and also acts as the chairman of its Nomination Committee. He is non-executive director of Fidelity International Limited and a senior adviser to HSBC and chairman of the Global Leadership and Technology Exchange leadership board. Previously, Glen was deputy chairman of The Financial Reporting Council Limited in the UK, deputy chairman and senior independent director at Lloyds Banking Group plc, senior independent director of Man Group plc and acting chairman of UK Financial Investments Limited, the company set up by HM Treasury to manage the government’s shareholdings in UK banks.
John Fallon
Chief executive
John became Pearson’s chief executive on 1 January 2013. Since 2008 John had been responsible for the company\'s education businesses outside North America, and a member of the Pearson management committee. He joined Pearson in 1997 as director of communications and was appointed President of Pearson Inc., a role he combined with his communications responsibilities, in 2000. In 2003, he was appointed CEO of Pearson\'s educational publishing businesses for Europe, Middle East & Africa (EMA) and gradually took on a broader international education brief. Prior to joining Pearson, John was director of corporate affairs at Powergen plc, where he was also a member of the company\'s executive committee. Earlier in his career, John held senior public policy and communications roles in UK local government.
Coram Williams
Chief financial officer
Coram joined Pearson in 2003 and has held a number of senior positions including Finance and Operations Director for Pearson’s English Language Teaching business in Europe, Middle East and Africa, Interim President of Pearson Education Italia and Head of Financial Planning and Analysis for Pearson. In 2008 Coram became CFO of The Penguin Group and was latterly appointed CFO of Penguin Random House in 2013. Coram began his professional career at Autocar, a British motoring magazine, as a news reporter and road tester. A graduate of Christ Church, Oxford, Coram also holds an MBA from the London Business School.
Elizabeth Corley
Non-executive director
Elizabeth is a globally respected leader in business and finance who is Chief Executive Officer of Allianz Global Investors, one of the world\'s leading investment organisations. Prior to joining Allianz in 2005, she spent eleven years working at Merrill Lynch Investment Managers. Before this, she was consultant and then partner with Coopers & Lybrand, and earlier in her career she worked for a number of years in the Life & Pensions industry. She is a member of the European Securities and Markets Authority\'s stakeholder group, an Advisory Council member of TheCityUK Limited, and is a non-executive director on the UK Financial Reporting Council. Elizabeth is a member of the Committee of 200, an organization of the world\'s most successful women business leaders. Financial News named Elizabeth Most Influential Woman in Asset Management in 2009, CEO of the Year in 2011 and Most Influential Person in Asset Management in 2012. Elizabeth is a fellow of the Royal Society of Arts and is also an accomplished crime fiction author.
Vivienne Cox
Non-executive director
Vivienne has wide experience in energy, natural resources and business innovation. She worked for BP plc for 28 years, in Britain and continental Europe, in posts including executive vice president and chief executive of BP\'s Gas, Power & Renewables business and its Alternative Energy unit. She is non-executive director energy company of BG Group plc and chairman of the Supervisory Board of Vallourec, which supplies tubular systems for the energy industry. She is also lead independent director at the UK Department for International Development. Vivienne is a commissioner of the Airports Commission, which was set up by the UK government to examine any requirements for additional UK airport capacity.
Joshua Lewis
Non-executive director
Josh\'s experience spans finance, education and the development of digital enterprises. He is the founder of Salmon River Capital LLC, a New York-based private equity / venture capital firm focused on technology-enabled businesses in education, financial services and other sectors. Over a 25 year career in active, principal investing, he has been involved in a broad range of successful companies, including several pioneering enterprises in the education sector. In addition, he has long been active in the non-profit education sector, with associations including New Leaders, New Classrooms, and the Bill & Melinda Gates Foundation. He is also a non-executive director of eVestment and Axioma, both financial data / technology companies, and Parchment, an education credentials management company.
Linda Lorimer
Non-executive director
Linda has a deep background in education strategy, administration and public affairs. She is Senior Counselor to the President and Provost of Yale and until recently served as vice president for Global and Strategic Initiatives of Yale University in New Haven, Connecticut, where her duties included oversight of Yale\'s Office of International Affairs and Office of Digital Dissemination. Over a 30-year career in higher education, she has been responsible for many of Yale\'s administrative services including the university\'s public communications, alumni relations and Office of Sustainability. Previously, Linda served as president of Randolph-Macon Woman\'s College in Virginia, and had earlier worked at Yale in several senior roles including associate provost. She is a non-executive director of Save the Children (US) and was chair of the board of the Association of American Colleges and Universities
Harish Manwani
Non-executive director
Harish has an extensive background in emerging markets and senior experience in a successful global organisation. He is Chief Operating Officer of consumer products company Unilever, and serves on the company\'s Executive Board. Harish joined Unilever in 1976 as a marketing management trainee in India, and has held senior management roles around the world, including North America, Latin America, Europe, Africa and Asia. He is Non-Executive Chairman of Hindustan Unilever Limited in India, and serves on the board of Whirlpool Corporation in the US. He is also a Non-Executive director of Qualcomm, Inc., and serves on the Board of the Indian School of Business and the Economic Development Board (EDB) of Singapore.
Tim Score
Non-executive director
Tim is an experienced non-executive director and sits on the board of The British Land Company plc and HM Treasury. He stepped down in June 2015 as the Chief Financial Officer of ARM Holdings plc, the world’s leading semiconductor IP company – a position he held for 12 years. He served on the board of National Express Group plc from 2005 – 2014, including time as Senior Independent Director and Interim Chairman.