John Fallon (businessman) explained

John Fallon
Birth Name:John Joseph Fallon
Education:University of Hull
Occupation:Business executive
CEO, Pearson plc
Term:2013-2020[1]
Predecessor:Marjorie Scardino
Children:2 daughters

John Joseph Fallon (born August 1962) is a British businessman. He was the chief executive officer (CEO) of Pearson plc from 2013, succeeding Marjorie Scardino, until 2020. Pearson is one of the world's largest education brands.

Early life

John Joseph Fallon was born in August 1962.[2] [3] He graduated from the University of Hull in 1983, with a bachelor's degree in economics, politics and sociology.[4]

Career

Fallon started his career as a researcher for Labour politician John Prescott in 1988.[5] He was the director of corporate affairs at Powergen, now known as E.ON UK, from 1992 to 1997.[3]

He became the director of communications of Pearson in 1997.[3] He was on the board of directors of Interactive Data Corporation from 2000 to 2007.[4] In 2010, he became the international education chief executive.[5] He has been the CEO of Pearson since 2013, replacing Marjorie Scardino.[5] In 2013, he decided to close the adult education unit in the UK, Pearson in Practice, which provided apprenticeships to put adults back to work, as it was unprofitable.[6] Fallon undertook a significant restructuring during his tenure at the head of Pearson.[7]

Fallon announced plans to retire in 2020 after a successor had been appointed.[8] Andy Bird was selected as the new CEO, he took over on 19 October.[9] Fallon remains an advisor to Pearson.

Personal life

Fallon is married and has two daughters.[5]

Notes and References

  1. Web site: Pearson CEO to Retire and company will sell remaining Penguin Random House stake. Calatayud. Adria. 2019-12-18. MarketWatch. en-US. live. https://archive.today/20191227222045/https://www.marketwatch.com/story/pearson-ceo-to-retire-and-company-will-sell-remaining-penguin-random-house-stake-2019-12-18. 2019-12-27. 2019-12-28.
  2. Web site: Pearson PLC. Companies House. 11 August 2015.
  3. https://www.theguardian.com/media/2013/sep/01/john-fallon-mediaguardian-100-2013 MediaGuardian 100 2013: 23. John Fallon
  4. https://www.bloomberg.com/research/stocks/people/person.asp?personId=540962&ticker=PSON:LN John Fallon
  5. Web site: James Ashton. Pearson's John Fallon: Swapping textbooks for tablets, the boss with a new school of thought. London Evening Standard. 15 November 2013 . 18 March 2014.
  6. Web site: Gideon Spanier. John Fallon takes Pearson helm and axes adult education. London Evening Standard. 7 January 2013. 19 April 2015.
  7. Web site: Wan . Tony . Pearson CEO John Fallon to Retire in 2020 . EdSurge . 18 December 2019 . 13 November 2020.
  8. Web site: Pearson CEO to Retire and company will sell remaining Penguin Random House stake. Calatayud. Adria. 2019-12-18. MarketWatch. en-US. live. https://archive.today/20191227222045/https://www.marketwatch.com/story/pearson-ceo-to-retire-and-company-will-sell-remaining-penguin-random-house-stake-2019-12-18. 2019-12-27. 2019-12-28.
  9. News: Pfeiffer . Thomas . Seal . Thomas . Pearson Names Ex-Disney Executive as CEO, Ending Long Search . 24 August 2020 . www.msn.com . 24 August 2020.