PSO Pearson Plc

LONDON--Pearson PLC's (PSO) future chief executive, John Fallon, said Wednesday that the Financial Times newspaper was a "valued and valuable" part of the U.K.-based media and education group.

Fallon, who will take over from Marjorie Scardino in January as CEO, was responding to a question about whether he would consider unloading the newspaper as Pearson shifts focus to its educational publishing activities.

Glen Moreno, Pearson's chairman, said Fallon's appointment didn't signal a change in Pearson's strategy.

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