8/24, 5:47 PM (Source: TeleTrader)
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Chart for: Pearson PLC ORD 25P

Pearson names Andy Bird new CEO

Pearson PLC announced on Monday it appointed Andy Bird (pictured) as the new chief executive officer (CEO), taking effect on October 19. He will succeed John Fallon who has been serving as the company's CEO since 2013.

Bird currently serves as a non-executive director at Pearson and was appointed to the Board in May. Previously, he spent 16 years with the Walt Disney Company, serving as chairman of Walt Disney International prior to leaving the entertainment firm.

"We are delighted to have secured someone of Andy’s caliber, after an extensive search and selection process. Andy brings a wealth of international consumer experience, as well as significant expertise in building brands, transformational change and driving digital innovation," Pearson Chair Sidney Taurel said in a statement.

Breaking the News / GA