The media reports of Pearson’s AGM, on Friday April 25th, , focussed on the predictable shareholder protest against the £1.15m leaving package for Rona Fairhead, the former chief executive of Pearson’s Financial Times Group, who quit after missing out on the top job.
As shareholder protests go, the third of the votes cast against approving Pearson’s 2013 remuneration report, was high by comparison with other shareholder revolts, such as Barclays, which have hit the headlines recently. But the fact that the pay ...