Pearson CEO Designate: FT "Valued And Valuable" Part of Pearson
03 Oktober 2012 - 9:49AM
Dow Jones News
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.
-Write to jessica.hodgson@dowjones.com
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