By Razak Musah Baba

 

LONDON--Pearson PLC (PSON.LN) has appointed Sidney Taurel as its new Chairman, the media and education firm said Monday.

The educational products specialist said Glen Moreno will step down on Dec. 31, after more than a decade as chairman of the Pearson board.

Mr. Taurel is a board director and chairman of the Compensation Committee at both IBM Corp. and McGraw Hill Financial, Inc. He is senior advisor at global investment bank Moelis & Co. and an advisory board member at pharmaceutical firms Takeda Pharmaceutical and Almirall.

Pearson shares at 1205 GMT were up 0.1% at 901 pence, valuing the company at GBP7.40 billion.

 

Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

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(END) Dow Jones Newswires

October 26, 2015 08:42 ET (12:42 GMT)

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