Wednesday, May 29, 2013

Pearson Changes Structure, Appoints Executives

Pearson, the world’s leading learning company, is today announcing a new organization structure and the appointment of a new leadership team. The changes are designed to accelerate Pearson’s push into digital learning, education services and emerging markets, which the company views as significant growth opportunities.
Under the new structure, Pearson will organize around three global lines of business – School, Higher Education and Professional – and three geographic market categories – North America, Growth and Core.
The Financial Times is being subsumed into a new division by its parent company, Pearson. 
As part of the organisation's restructure, the FT Group will disappear and the newspaper will become part of a unit called "professional". Its chief executive will be John Ridding, who is currently CEO of the FT group.