Pearson plc (LON:PSON) has confirmed that, further to the announcement on 20th September 2023, Omar Abbosh will assume the role of Chief Executive Officer and Executive Director on 8th January 2024, succeeding Andy Bird. Andy will step down as Chief Executive Officer and as a Pearson Board member at this time but will remain with the company until 31st March 2024 to ensure a smooth transition.
Details of Omar Abbosh’s remuneration arrangements in connection with his appointment as CEO were set out in the RNS announcement of his appointment on 20th September 2023. Details of Andy Bird’s remuneration arrangements in connection with his departure will be set out in the Section 430(2B) Companies Act 2006 Statement which will be available in the Corporate Governance section of Pearson’s website in due course.
