Pearson CEO Marjorie Scardino to step down at the end of 2012 Pearson is announcing that Marjorie Scardino has decided to step down as Pearsonís CEO at the end of 2012. John Fallon will succeed her as CEO on January 1, 2013, and joins the Pearson board with immediate effect. John Fallon has been CEO of Pearsonís International Education division since 2008 (and before that chief executive for Europe, Middle East and Africa since 2003) and is responsible for education businesses outside the US including in fast-growing markets such as China, India, Brazil and Southern Africa. Reference Link
Pearson reports 9-month sales up 1% at constant exchange rates Pearson reports 9-month North American sales down 6% in headline terms. The company reiterates its full year guidance - adjusted earnings per share expected to be between 62p and 67p in 2014. It said its restructuring program remains on track.