Pearson Foundation pays £4.7m in 'for-profit' settlement

The charitable arm of education publisher Pearson, the Pearson Foundation, will pay $7.7m (... Continue reading at 'The Bookseller'

[ The Bookseller | 2013-12-13 00:00:00 UTC ]
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Pearson Foundation pays £4.7m in 'for-profit' settlement

The charitable arm of education publisher Pearson, the Pearson Foundation, will pay $7.7m (... Continue reading at The Bookseller

[ The Bookseller | 2013-12-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #charitable arm #pearson foundation

Pearson to cut 4,000 jobs after second profit warning in three months

World’s biggest education publisher aims to make £350m in cost savings by the end of 2017Pearson is to cut 4,000 jobs after issuing its second profit warning in three months. The world’s biggest education publisher said it aimed for annual savings of £350m by the end of 2017 and it would end its... Continue reading at The Guardian

[ The Guardian | 2016-01-21 00:00:00 UTC ]
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Execs' pay up at Pearson as profit grows

Written By: Philip Jones Publication Date: Wed, 06/04/2011 - 14:58 Penguin group chief executive John Makinson took home £1.5m in pay in 2010, in a year when Penguin's sales grew 21% to £1.1bn and adjusted operating profit grew 19% to £106m. Makinson's pay rose by £150,000 thanks to a rise in... Continue reading at The Bookseller

[ The Bookseller | 2011-04-06 00:00:00 UTC ]
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Pearson profits set to rise 33% as Bird repositions business

Pearson has seen full-year group sales up 8% in 2021 with profits expected to boom by a third, the company revealed in a trading update. Continue reading at The Bookseller

[ The Bookseller | 2022-01-18 18:17:49 UTC ]
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Third of Pearson's shareholders vote against CEO's £7.2m pay package

Former Disney chairman Andy Bird is to take up job at education publishing group in OctoberPearson has suffered a significant shareholder revolt against controversial changes to its remuneration policy, which will grant its new chief executive a multimillion-dollar pay package.Almost a third of... Continue reading at The Guardian

[ The Guardian | 2020-09-18 14:02:55 UTC ]
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Pearson warns Covid-19 will hit profits and pauses share buyback

Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived. Continue reading at The Bookseller

[ The Bookseller | 2020-03-22 23:25:19 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Pearson forecasts lower 2020 profits

Pearson has has said it expects profit to fall in 2020, in its latest annual report. Continue reading at The Bookseller

[ The Bookseller | 2020-02-20 19:43:44 UTC ]
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Profile reports 4% turnover dip but steady profit in 'solid' year

Profile Books has reported a “solid” financial year 2018 to 2019 with turnover at £11.4m, a 4% dip on the previous year, while operating profit was “steady” at £983,375. Continue reading at The Bookseller

[ The Bookseller | 2019-09-09 21:34:54 UTC ]
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Pearson pays tribute to employee killed in Sri Lanka bombings

Pearson c.e.o. John Fallon has paid tribute to employee Dieter Kowalski, who was killed in the Sri Lanka bombings on Easter Sunday. Continue reading at The Bookseller

[ The Bookseller | 2019-04-25 00:00:00 UTC ]
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Pearson expects to report revenue dip, but profit growth, for 2018

Pearson has reported making "good financial and strategic progress in 2018", despite a small revenue fall during the year, saying in its January trading update that it expects to have halved net debt in 2018 and will deliver underlying profit growth of 8% at £540-£545m. Continue reading at The Bookseller

[ The Bookseller | 2019-01-17 00:00:00 UTC ]
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Spotify to pay out $112m in royalties to songwriters after settlement

The streaming company will recompense songwriters not paid enough royalties, but one unhappy music publisher claims ruling is ‘a free pass on wilful infringement’Spotify will pay out $112m (£83.5m) in a settlement agreement, following two lawsuits that claimed songwriters hadn’t been paid enough... Continue reading at The Guardian

[ The Guardian | 2018-05-24 00:00:00 UTC ]
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Pearson reports 21% mean gender pay gap

Pearson has filed its gender pay gap report ahead of new government regulations, showing its overall median gender pay gap in 2017 was 15%, while the mean gap was 21%. Continue reading at The Bookseller

[ The Bookseller | 2018-03-20 00:00:00 UTC ]
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Pearson returns to profit, PRH revenue up 'slightly'

Pearson has returned to profit a year after posting its biggest ever loss, at the same time as announcing it is putting its K12 school courseware business up for sale. Continue reading at The Bookseller

[ The Bookseller | 2018-02-24 00:00:00 UTC ]
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Pearson raises profit forecast, PRH sales down 'slightly'

Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update. Continue reading at The Bookseller

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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Pearson shareholders overwhelmingly reject Fallon's £1.5m pay

Pearson shareholders have rejected chief executive John Fallon's £1.5m pay package at the company's a.g.m. today. Continue reading at The Bookseller

[ The Bookseller | 2017-05-06 00:00:00 UTC ]
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Pearson: two-thirds of shareholders reject pay package

Two-thirds of investors in the loss-making education publisher vote against John Fallon's pay rise. Continue reading at BBC News

[ BBC News | 2017-05-05 00:00:00 UTC ]
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Pearson shareholders reject chief executive's £1.5m pay package

Investors’ revolt against deal for John Fallon comes after educational publisher reports largest annual loss in its historyMore than six out of 10 Pearson shareholders have voted against the £1.5m pay package awarded to the embattled chief executive, John Fallon, after the educational publisher... Continue reading at The Guardian

[ The Guardian | 2017-05-05 00:00:00 UTC ]
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Pearson chief Fallon awarded 20% pay rise depsite losses

Pearson c.e.o. John Fallon has been awarded a 20% total pay rise despite the fact the company made a £2.6bn loss in 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john fallon