Pearson agrees to appoint Svensson to board Oct. 1
Rhea-AI Filing Summary
Pearson plc (PSO) and Cevian Capital II GP Ltd entered a Relationship Agreement on September 22, 2026, under which Pearson agreed, subject to the agreement’s terms and conditions, to appoint Alexander Svensson as a non-executive director and Nomination & Governance Committee member effective October 1, 2026. Pearson also agreed to recommend his re-election at each annual general meeting during the agreement’s term. Cevian has customary replacement rights, and the agreement includes customary standstill, voting and confidentiality provisions.
Cevian Capital II GP Ltd reported beneficial ownership of 116,765,346 ordinary shares, or 19.4% of the class, with sole voting and dispositive power. Pearson had 601,719,893 ordinary shares outstanding as of August 31, 2026.
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Key Figures
Key Terms
Relationship Agreement regulatory
standstill regulatory
sole dispositive power regulatory
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What does Pearson's agreement with Cevian say about board representation?
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