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 investors in the FTSE 100 educational publishing group voted against the plans, which will award a $9.3m (£7.2m) one-off payment to the incoming boss, Andy Bird. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2020-09-18 14:02:55 UTC ]
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General election 2017: which way will you vote?

Yesterday prime minister Theresa May announced her intention to call a snap general election on 8th June this year, pulling it forward from 2020. Continue reading at The Bookseller

[ The Bookseller | 2017-04-20 00:00:00 UTC ]
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PRH UK to pay work experience interns in diversity drive

Penguin Random House UK (PRH UK) will now pay its work experience participants the National Living Wage in a bid to make the publishing industry more accessible and diverse.  Continue reading at The Bookseller

[ The Bookseller | 2017-04-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh uk #diversity drive #publishing industry


Pearson to partner with Chegg on textbook rentals

Pearson is to partner with American online textbook rental company Chegg to make its higher education textbooks more affordable to use. Continue reading at The Bookseller

[ The Bookseller | 2017-04-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #textbook rentals


Exeter University ditches Pearson to launch online degrees with Keypath

The University of Exeter has ditched its former partner Pearson for a new 10-year partnership with US-based ed-tech provider Keypath Education with whom it is launching online Masters degrees to UK and international students in September this year. Continue reading at The Bookseller

[ The Bookseller | 2017-04-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #10-year partnership


Pearson share slide drags down FTSE 100

The embattled publisher sees its share price slide 7.9% after going ex-dividend. Continue reading at BBC News

[ BBC News | 2017-04-06 00:00:00 UTC ]
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New CEO for Parragon

Mike Symons has joined Parragon Books as CEO. Symons, who was most recently group sales director for Penguin Random House U.K., is replacing Paul Taylor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-06 00:00:00 UTC ]
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Bloomberg Media CEO Justin Smith’s publisher survival guide in the duopoly era

Facebook and Google control digital media and advertising, but it's not the end of the world just yet. The post Bloomberg Media CEO Justin Smith’s publisher survival guide in the duopoly era appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-03-30 00:00:00 UTC ]
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Livingly Media Appoints New CEO | People on the Move — 03.29.17

Time makes a dozen promotions, The Washington Post Magazine has found an editor, and much more... The post Livingly Media Appoints New CEO | People on the Move — 03.29.17 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-30 00:00:00 UTC ]
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Pearson partners with Leeds University to offer online degrees

Pearson has partnered with the University of Leeds to offer online degree programmes. Continue reading at The Bookseller

[ The Bookseller | 2017-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson partners


Trade pays tribute to Morse author Colin Dexter

Figures from across the trade have paid tribute to Colin Dexter, author of the Inspector Morse novels, who died aged 86, at his home in Oxford. Continue reading at The Bookseller

[ The Bookseller | 2017-03-22 00:00:00 UTC ]
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Faber pays tribute to 'gentle giant' Derek Walcott

Nobel laureate prizewinning poet “gentle giant” Derek Walcott has died aged 87 at his home in St Lucia after a long illness. Continue reading at The Bookseller

[ The Bookseller | 2017-03-18 00:00:00 UTC ]
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7 Weird, Wonderful Words You Should Use More Often

Merriam-Webster lexicographer Kory Stamper picks seven favorites, including "sesquipedalian," "jawn," and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-10 00:00:00 UTC ]
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Bookstore News: March 7, 2017

A Michigan indie takes on Facebook; Cleveland booksellers honor Women's History Month; three booksellers win book fair scholarships; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-07 00:00:00 UTC ]
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MCB pays tribute to illustrator Jane Eccles

Macmillan Children's Books has paid tribute to “much-loved” illustrator Jane Eccles who passed away on Monday (27th February). Continue reading at The Bookseller

[ The Bookseller | 2017-03-03 00:00:00 UTC ]
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Pearson is being sued for 'over-optimistic' financial projections

A class action complaint has been filed against Pearson in the US on grounds of over-optimism for its financial projections, relating to revisions to the education company's 2017 forecast and the retraction of its ambitious £800m profit target for 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-03-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education company


Uber CEO pledges to 'grow up' after video shows him lashing out at a driver

Uber Chief Executive Travis Kalanick has apologized, saying he admits he needs “leadership help,” after a video showed him berating one of the company’s drivers. The dashcam video obtained by Bloomberg News and released Tuesday shows Kalanick arguing with driver Fawzi Kamel over Uber’s fares,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-03-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #video shows #bloomberg news


Last Day to Vote In One Book, One New York Program

New York City's new reading initiative, which will encourage residents of each of the five boroughs to read the same book, will close its online polls on March 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-28 00:00:00 UTC ]
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Pearson reports £2.6bn loss for the year

Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to... Continue reading at The Bookseller

[ The Bookseller | 2017-02-25 00:00:00 UTC ]
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PRH Gives Pearson Profit of 129 Million Euros

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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UK a smart bet for Pearson as schools look to digital future

Mark Piesing looks at the opportunities and challenges for Pearson in the UK market. Continue reading at The Bookseller

[ The Bookseller | 2017-02-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk market #digital future #mark piesing