Pearson (PSON)

Sector:

Media

Index:

FTSE 100

1,003.00p
   
  • Change Today:
    -11.50p
  • 52 Week High: 1,042.00
  • 52 Week Low: 754.00
  • Currency: UK Pounds
  • Shares Issued: 678.72m
  • Volume: 1,406,597
  • Market Cap: £6,808m
  • RiskGrade: 238

Pearson names Twitter's Omid Kordestani chair

By Abigail Townsend

Date: Thursday 16 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Educational publisher Pearson has named Twitter director Omid Kordestani as its new chair.
Kordestani, who will join as non-executive director and chair designate on 1 March 2022, will replace current incumbent Sidney Taurel following the annual general meeting in April 2022.

Taurel has been chair of the blue chip since 2016 and announced earlier this year he would be stepping down.

American Kordestani has worked in the tech industry for most of his career. He was executive chair of Twitter from 2015 until May this year, and remains on the board. Prior to that he worked at Google, where he was senior vice president and chief business officer, and Netscape Communications. He also sits on the board of Klarna Bank.

Andy Bird, who joined Pearson as chief executive from Disney last year, said: "Omid has been the driving force behind a number of world-changing tech companies. I am thrilled he will be bringing that expertise to Pearson, enhancing our strategic direction and growth potential.

"We are seeing good momentum in the business and are on track to meet market expectations for the year."

Kordestani said: "I believe Pearson has a tremendous opportunity to help everybody achieve a lifetime of learning. I look forward to forming a strong partnership with Andy and his leadership team to help capture the company's enormous growth potential and to capitalise on the significant opportunities in digital learning."

Taurel, a former chief executive of US drugs group Eli Lilly, said it had been a privilege to serve as chair of Pearson, adding: "I am confident that this great company is well positioned to succeed."

Pearson also announced that Tim Score will become deputy chair. Score is already chair of the audit committee and a member of the nomination and governance and remuneration committees.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Pearson Market Data

Currency UK Pounds
Share Price 1,003.00p
Change Today -11.50p
% Change -1.13 %
52 Week High 1,042.00
52 Week Low 754.00
Volume 1,406,597
Shares Issued 678.72m
Market Cap £6,808m
RiskGrade 238

Pearson Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.16% below the market average91.16% below the market average91.16% below the market average91.16% below the market average91.16% below the market average
86.67% below the sector average86.67% below the sector average86.67% below the sector average86.67% below the sector average86.67% below the sector average
Price Trend
70.76% above the market average70.76% above the market average70.76% above the market average70.76% above the market average70.76% above the market average
57.45% above the sector average57.45% above the sector average57.45% above the sector average57.45% above the sector average57.45% above the sector average
Income
52.88% below the market average52.88% below the market average52.88% below the market average52.88% below the market average52.88% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
2.27% below the market average2.27% below the market average2.27% below the market average2.27% below the market average2.27% below the market average
4.55% above the sector average4.55% above the sector average4.55% above the sector average4.55% above the sector average4.55% above the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 4
Sell 0
Strong Sell 1
Total 12
buy
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Pearson Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Mar-24 10-Aug-23
Paid 03-May-24 18-Sep-23
Amount 15.70p 7.00p

Trades for 24-Apr-2024

Time Volume / Share Price
16:35 733,021 @ 1,003.00p
16:35 2,633 @ 1,003.00p
16:35 355 @ 1,003.00p
16:35 684 @ 1,003.00p
16:35 2,103 @ 1,003.00p

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