- Pearson's John Fallon will take over as CEO at the company in January and hopes to build its billions of dollars in textbook and testing business worldwide.
- He is looking at growing middle-classes internationally as Pearson continues to service markets across the world.
- He also noted that Pearson's success has come from group-wide strategies, not just in education, and compared its accomplishments to those of the Financial Times and Penguin.
From the article:
Pearson, the world’s largest education company, just announced that John Fallon takes over as the chief executive officer in January after working for a decade to help the company expand its international education business.
Pearson, seen as a major player in corporate-style education reform, has a large and controversial presence in U.S. public education. The company earns billions of dollars for publishing textbooks and curriculum and standardized tests, including the one given this year in New York that caused a furor when a badly worded question about a talking pineapple became news. ...