Hints and tips:
...Pearson added that Mr Fallon and chief financial officer Coram Williams will see their pay frozen in 2017, which it said reflected the “lower long-term profit expectations of Pearson.”...
...It is yet to name a new chairman to succeed Glen Moreno and this summer Coram Williams, formerly of Penguin Random House, the publisher part-owned by Pearson, will take over as chief financial officer....
...Analysts Stephane Deo and Ramin Nakisa argued: “This strategy is repeating the mistakes of the past when bond yields rise and leveraged positions in illiquid assets can cause severe losses when markets sell...
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