By Simon Zekaria
LONDON--Pearson PLC (PSON.LN) Chairman Glen Moreno is set to
leave toward the end of this year after a decade at the education
specialist and publisher, according to a person familiar with the
matter.
Pearson has appointed a headhunting firm to oversee the process
of recruiting a successor for Mr. Moreno, 70 years old, who became
chairman in 2005, the person said.
Pearson, which generates about 60% of its sales in the U.S., is
pushing its education business in emerging markets. It generates
more than three-quarters of its revenue from education, including
textbooks and software for teachers and students in schools and
higher education.
It also has high-profile consumer titles such as the
salmon-colored Financial Times newspaper and owns 47% of publisher
Penguin Random House.
At 0930 GMT, Pearson shares were up 0.4% at 1,326 pence in a
lower market.
Dow Jones Newswires competes with Pearson in business news.
Write to Simon Zekaria at simon.zekaria@wsj.com
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