Position
Chief Executive Officer
Company
Pearson
Description
Sept 20 - British education group Pearson said on Wednesday it has appointed Microsoft executive Omar Abbosh as its new CEO effective early 2024, succeeding Andy Bird, who is retiring after about three years in the role. Former Walt Disney Co executive Bird had joined as CEO in October 2020. The British company had to get the backing of shareholders to offer him a co-investment opportunity worth up to $9.3 million.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months