Personanondata: Speculation about Pearson

Friday, March 16, 2007

Speculation about Pearson

Reuters is reporting increased speculation (again) about a potential PE bid for Pearson plc. This is surely getting a little old for these people. Speculation has been evident for months and since the middle of last year the company's market cap has increased by well over £1.1billion. Today the share price has been up as much as 8p but it has fallen back slightly.

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Michael Cairns

Michael Cairns is currently Head of Partner and Channel Development for the publishing unit of the American Psychological Association which is a $100million scholarly, academic and educational publisher. In this role, he is responsible for all sales and marketing activities supporting the revenue base and working with current and new partners to expand APA's publishing program and mission. Michael Cairns has served as President, CEO and CRO of several brand name publishing, technology and content-centric businesses. His career includes a wide range of publishing and information products, services and B2B categories and his operating and consulting experience has largely been with brand-name companies such as PriceWaterhouseCoopers, Macmillan, Inc., Berlitz International, AARP, R.R. Bowker and Wolters Kluwer. Mr. Cairns has also served on boards including the Association of American Publishers (AAP), the Book Industry Study Group (BISG) and also served as Chairman of the International ISBN Executive Committee.