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 reported the largest annual loss in its history. Fallon received a 20% pay rise last year, including a bonus of £343,000, despite the company recording a record loss of £2.6bn. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-05-05 00:00:00 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 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: 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 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 ]
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He's had three strikes. Surely Pearson's chief executive is out?

Two mistakes from the US educational publisher would be understandable. Their confidence three months ago? Less soForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016... Continue reading at The Guardian

[ The Guardian | 2017-01-19 00:00:00 UTC ]
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Fallon admits 'we got it wrong' as Pearson shares plunge

Pearson's c.e.o. John Fallon has been forced to defend his position after admitting the company "got it wrong" last year, resulting in revisions to its 2017 forecast and dividend, and the withdrawal of its ambitious £800m profit target for 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-01-19 00:00:00 UTC ]
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Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
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Pearson forced to defend its strategy at rowdy a.g.m

Pearson has been forced to defend its business strategy at its a.g.m today (29th April), with shareholders voicing their anger over the decline in the company's share price. However, c.e.o John Fallon has vowed "we will get Pearson growing again". Continue reading at The Bookseller

[ The Bookseller | 2016-04-30 00:00:00 UTC ]
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Pearson boss defends sale of Financial Times to Nikkei

John Fallon says it was getting harder to run education and journalism arms well and is confident Japanese firm will honour editorial freedomPearson was no longer the best owner of the Financial Times, the publishing group’s chief executive has said in defence of the decision to sell the... Continue reading at The Guardian

[ The Guardian | 2015-07-24 00:00:00 UTC ]
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Marjorie Scardino steps down as Pearson CEO after 15 years

Marjorie Scardino, chief executive of Financial Times publisher Pearson, is stepping down at the end of 2012 and will be replaced by John Fallon, chief executive of Pearson's international education division. Continue reading at Media Week

[ Media Week | 2012-10-03 00:00:00 UTC ]
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