Media group Pearson has appointed its first communications
director, poaching PowerGen’s director of communications John Fallon to
take the post.
The appointment, together with that of a director of financial
operations and a group legal director, represent Pearson chief executive
Marjorie Scardino’s attempt to strengthen the senior management of the
firm which owns publishing and entertainment brands as diverse as the
Financial Times and Madame Tussaud’s.
Fallon, who moves to Pearson at the end of October has been with
PowerGen since1993 and has also worked as a policy and communications
adviser to John Prescott.
It has not yet decided if someone else will be brought in to replace
him. Fallon told PR Week that he and PowerGen’s chairman Ed Wallace
would ’work through the succession issues’.
Pearson has been undergoing a period of investment over the past two
years with the purchases of TV company Grundy Worldwide, producer of
Neighbours, and the launch of Channel Five, of which Pearson is a
It is also boosting its support of the Financial Times by launching a US
edition of the paper, which hit the newsstands two weeks ago.
It intends to sell The Tussaud’s Group, including London wax museum
More pertinently for Fallon, the company has recently had to field a lot
of bad publicity over its key publishing division Penguin, where the
discovery of accounting fraud in the US cost the firm dollars 169
million (pounds 106 million).