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16th January
2020
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Pearson plc today announces that Coram Williams, Group Chief
Financial Officer (CFO), has informed the Board he will be leaving
the company to take on a comparable role at a company based in
Continental Europe. Sally Johnson, Deputy Chief Financial Officer
of Pearson, will succeed Coram Williams as Chief Financial Officer
on his departure. On her appointment, Sally will become an
Executive Director on the Pearson Board.
Coram will step down from his position and from the Board later
this year, allowing sufficient time to ensure a smooth and orderly
transition to his successor.
Sally joined Pearson in 2000 and was appointed Deputy Chief
Financial Officer in 2017 with responsibility for Capital
Management, Financial Planning, Group Treasury and Tax. Prior to
this Sally held a number of senior financial roles within Pearson,
including Senior Vice President Finance of the Core business and
Regional Head of Finance International. Prior to this Sally was
Finance and Operations Director at Dorling Kindersley and has also
held a number of finance positions at Penguin UK.
Sidney Taurel, Chair of Pearson, said:
"Sally is exceptionally well qualified to be the new CFO of
Pearson. She has a deep understanding of the company and the
markets we operate in and will be a strong addition to the Board
bringing a focused analytical and commercial perspective. On behalf
of the Board, I would like to thank Coram for his significant
contribution to Pearson. He has played a fundamental role of the
Company's achievements over the last five years. We wish him all
the best in his new role."
John Fallon, Chief Executive of Pearson, said:
"Sally will be a tremendous addition to the senior leadership team
and the Pearson board. Her knowledge of the company and deep
experience in complex operational and corporate finance roles has
given her the skills and vision necessary to help steer Pearson
through the next phase of its evolution.
The appointment of Sally is the result of Coram's successful
efforts to build a strong finance function while helping to lead
the group's overall transformation, transition to digital and path
to a strong financial position. Coram's leadership, integrity,
commitment and temperament make him a great colleague. We wish him
every success in his new role."
Coram Williams, Chief Financial Officer of Pearson,
said:
"Pearson is a special company, blending market leading positions
with a wider social purpose and unique culture. I've loved my time
working here, and I am proud of the progress the company has made
over the last few years. Pearson is in a strong financial position
and we have laid the foundations to achieve future long term
sustainable growth. I am now looking forward to ensuring a seamless
transition to my successor, Sally Johnson, and I am confident of
Sally's ability to lead Pearson through the next
phase."
Sally Johnson has no details to disclose under Listing Rule
9.6.13.
Ends
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.
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PEARSON
plc
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Date: 16
January 2020
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By: /s/
NATALIE WHITE
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Natalie
White
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Deputy
Company Secretary
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