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Pearson Taps Former Disney Executive Andy Bird as Next CEO

Edsurge

Pearson is looking for some magic to support its transition from textbook publisher to digital education company. Today, the company announced that Andy Bird, former chairman of Walt Disney International, will be Pearson’s next chief executive, starting October 19. million worth of Pearson shares. In the U.K., billion in sales.

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Finally: Pearson Sells Its US K-12 Courseware Business

Edsurge

Nearly a year after announcing the plan , Pearson has finally sold its U.S Pearson only gets $25 million in cash upfront. After this amount is paid, Pearson is entitled to 20 percent of future cashflow from this business. Pearson is not completely out of the U.S. K-12 courseware business. 26 million) in profit in 2018.

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Pearson CEO John Fallon to Retire in 2020

Edsurge

Pearson CEO John Fallon today announced plans to retire in 2020 after a successor has been appointed. Fallon succeeded Marjorie Scardino, who led Pearson during the previous 16 years. He joined Pearson in 1997, first as director of communication and later overseeing its international business operations. billion market value.

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Pearson Signals Major Shift From Print by Making All Textbook Updates ‘Digital First’

Edsurge

Today, Pearson announced it will adopt a “digital first” approach to updating its higher ed course materials, meaning that any revisions or changes to textbook content will happen first in the digital version. The average price for a Pearson digital textbook subscription for a semester is $40, according to the company.

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8 Tips to Strengthen Parent Involvement With Digital Tools

EdTech Magazine

Educational research group Pearson reports that there’s increasing awareness and recognition among teachers and administrators that traditional parent-teacher conferences yield limited results , particularly for traditionally marginalized student populations.

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Pearson Sells Mixed Reality Learning Unit to a New Company, GIGXR

Edsurge

As Pearson resumes its education technology investment activity, the publisher is also divesting other edtech assets at the same time. 16, Pearson announced the first two deals made by its recently formed venture fund , which invested $4.2 All 16 staff formerly on that Pearson team will make the transition to the new company.

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What’s Next for Pearson? (Not Buying Your Education Startup.)

Edsurge

For Pearson, the world’s largest education company, some of its recent tumult in past years have been self-imposed, even deliberate, under the helm of John Fallon. But last year, Pearson posted a profit , the first sign that its rocky journey to transform itself into a digital-focused learning company may have turned the corner.

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