Governance

Our approach to corporate governance and remuneration

Governance approach

Any shareholder who would like to see a full account of where we comply or explain in accordance with the UK Corporate Governance Code can click on the check list page or contact our company secretarial department.

Read more about our Board and Pearson Executive Leadership

There is a defined split of responsibilities between the Chair, the Chief Executive and the Senior Independent Director. The roles and responsibilities of the Chair, the Chief Executive and the Senior Independent Director are clearly defined, set out in writing and reviewed and agreed by the Board on an annual basis.

Dự đoán xổ số miền namThe Board also maintains a formal schedule of matters specifically reserved for its decision, which is reviewed and approved annually. Take a look at the role and responsibilities of the Chair, the Chief Executive and the Senior Independent Director, and the Schedule of Matters reserved by the board below.

Committee structure

The Board has established Audit, Remuneration, Nomination and Governance and Reputation and Responsibility Committees which have written terms of reference.

Our Audit Committee is chaired by Tim Score and its other members are Elizabeth Corley, Vivienne Cox, Linda Lorimer, Michael Lynton, Graeme Pitkethly and Lincoln Wallen. Take a look at the charter and terms of reference for our Audit Committee below.

Dự đoán xổ số miền namOur Remuneration Committee is chaired by Elizabeth Corley and its other members are Sherry Coutu, Tim Score and Sidney Taurel. Take a look at the charter and terms of reference for our Remuneration Committee below.

Our Nomination and Governance Committee is chaired by Vivienne Cox and its other members are Sidney Taurel, Elizabeth Corley, Sherry Coutu and Tim Score. Take a look at the charter and terms of reference for our Nomination and Governance Committee below.

Our Reputation and Responsibility Committee is chaired by Linda Lorimer and its other members are Andy Bird, Vivienne Cox, Michael Lynton, Graeme Pitkethly and Lincoln Wallen. Take a look at the charter and terms of reference for our Reputation and Responsibility Committee below.

The Board has also established a Standing Committee to approve certain ordinary course of business items. Take a look at the terms of reference for the Standing Committee below.

Remuneration

Dự đoán xổ số miền namOur directors' remuneration policy was approved at our annual general meeting (AGM) on 24 April 2020, and amended by way of a resolution passed at a general meeting on 18 September 2020.

Further information on the general meeting

Any statements made by the company regarding payments for loss of office (in accordance with section 430(2B) of the Companies Act 2006) will be made available on the remunerations disclosure page as and when required.

NYSE Compliance

In November 2003, the US Securities and Exchange Commission approved changes to the New York Stock Exchange's listing standards related to the corporate governance practices of listed companies. As a listed non-US issuer, Pearson is required to comply with some of the rules, and otherwise must disclose any significant ways in which our corporate governance practices differ from those followed by US companies under the NYSE listing standards. At this time, the Company believes that it is in compliance in all material respects with all the NYSE rules except that the Remuneration Committee and the Nomination & Governance Committee are not composed entirely of independent directors as the Chair, who is not considered independent under NYSE rules, is a member of each Committee in addition to independent directors.

Remuneration disclosures

Dự đoán xổ số miền namStatements made in accordance with section 430(2B) of the Companies Act 2006 will be made available on this page when required.

Payments for loss of office

Information required to be published in accordance with section 430(2b) of the Companies Act 2006 will be made available here when applicable.