Pearson PLC — Regulatory Filings 2019

Dec 18, 2019

6-K 1 a2430x.htm DIRECTORATE CHANGE Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2019 Issuer Direct Corporation Blueprint

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of December 2019

PEARSON plc

(Exact name of registrant as specified in its charter)

N/A

(Translation of registrant's name into English)

80 Strand

London, England WC2R 0RL

44-20-7010-2000

(Address of principal executive office)

Indicate by check mark whether the Registrant files or will file annual reports

under cover of Form 20-F or Form 40-F:

Form 20-F X Form 40-F

Indicate by check mark whether the Registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934

Yes No X

Pearson Plans Chief Executive Succession

| 18 th December
2019 |
| --- |
| Pearson,
the world's learning company, today announces that John Fallon has
informed the Board of his intention to retire from his role as
Chief Executive. To ensure an orderly transition, John will retire
in 2020 once a successor has been appointed. A succession process,
led by the Chair Sidney Taurel, will consider external and internal
candidates. Sidney Taurel, Chair of Pearson, said : "In some very
challenging markets, John has worked tirelessly leading Pearson
through a period of significant change and led its transformation
from a media conglomerate to a single focused learning company.
Under John's leadership Pearson has become a simpler, more digital
focused business underpinned by a stronger balance sheet and better
positioned to deliver a sustainable and healthy future. The Board
and I are grateful for John's significant
contribution." John Fallon, Chief Executive of Pearson, said : "There's a
lot still to do but we're making good progress in navigating
Pearson through a period of huge change. We're now a much more
efficient company, able to innovate more quickly and scale
globally. We are investing more in our business than ever before
and pioneering new forms of online education that link learning to
employability. Over 75% of the company is now growing, as we work
our way through a major industry wide disruption in the other 25%
of Pearson - US Higher Education Courseware. All of Pearson is now
very well placed to meet the need for affordable and effective
learning. I am deeply grateful for the commitment and dedication of
my colleagues as we continue to help millions more learners prosper
through a lifetime of learning. "We're now at the stage where it's time to transition to a new
leader, who can bring a fresh perspective. As the Board works on my
succession, I will continue to be completely committed to leading
the company through this major transformation . " For more information T + 44
(0)20 7010 2310 Investors:
Jo Russell, Anjali Kotak Press:
Tom Steiner, Gemma Terry Brunswick Charles
Pretzlik, Nick Cosgrove, Simone Selzer +44 (0) 207 404
5959 This
announcement contains inside information. Ends |

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: 18
December 2019
By: /s/
NATALIE WHITE
------------------------------------
Natalie
White
Deputy
Company Secretary

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