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=== 2017 to present === In July 2017, Pearson sold its Tutor Vista and Edurite lines of business to India-based education technology company, [[Byju's]].<ref>{{Cite web |last=Dhamija |first=Anshul |url=http://www.forbesindia.com/article/special/byjus-acquires-tutorvista-and-edurite-from-pearson/47449/1 |title=Byju's acquires TutorVista and Edurite from Pearson |website=forbesindia.com |publisher=[[Forbes India]] |language=en |access-date=4 July 2017}}</ref> In July 2017, it also agreed to reduce its holding in Penguin Random House to 25%, by selling a 22% stake in the business to Bertelsmann.<ref>{{Cite web |title=Pearson sells 22% stake in Penguin Random House |url=https://www.bbc.co.uk/news/business-40566637 |access-date=12 July 2017 |website=bbc.co.uk |publisher=[[BBC]] |date=11 July 2017}}</ref> In August 2017 Pearson announced that it would cut 3,000 staff in an effort to save Β£300 million annually.<ref>{{Cite web |last=Sweney |first=Mark |url=https://www.theguardian.com/business/2017/aug/04/pearson-to-axe-3000-jobs-after-slump-at-main-us-business |title=Pearson to axe 3,000 jobs after slump at main US business |date=4 August 2017 |publisher=[[The Guardian]] |access-date=18 March 2018}}</ref> In August 2017 it also sold the language-training subsidiary Global Education to Chinese company Pu-Xin Education.<ref>{{Cite web |last=Wood |first=Heloise |url=https://www.thebookseller.com/news/pearson-sells-global-education-puxin-education-614566 |title=Pearson sells Global Education to Puxin for Β£62m |date=16 August 2017 |website=thebookseller.com |publisher=[[The Bookseller]] |access-date=12 September 2017}}</ref> In 2019, Pearson sold its US K-12 courseware business to the private equity firm Nexus Capital Management,<ref>{{cite web |last=Wan |first=Tony |title=Finally Pearson Sells Its US K-12 Courseware Business β for $250 Million |publisher=[[EdSurge]] |access-date=13 October 2019 |date=18 February 2019 |url=https://www.edsurge.com/news/2019-02-18-finally-pearson-sells-its-us-k-12-courseware-business}}</ref> which rebranded it as Savvas Learning Company.<ref>{{cite web |last1=Millward |first1=Wade Tyler |title=Former Pearson K-12 Courseware Business Rebrands as Savvas Learning |url=https://www.edsurge.com/news/2019-10-29-former-pearson-k-12-courseware-business-rebrands-as-savvas-learning |website=[[EdSurge]] |access-date=1 February 2024 |date=29 October 2019}}</ref><ref>{{Cite web |last1=Molnar |first1=Michele |title=Pearson K12 Spinoff Rebranded as "Savvas Learning Company" |url=https://marketbrief.edweek.org/marketplace-k-12/pearson-k12-spinoff-rebranded-savvas-learning-company/ |website=marketbrief.edweek.org |date=6 May 2020 |access-date=1 February 2024}}</ref> Pearson also sold its remaining 25% stake in [[Penguin Random House]] to [[Bertelsmann]].<ref name="retire">{{Cite web |last=Calatayud |first=Adria |url=https://www.marketwatch.com/story/pearson-ceo-to-retire-and-company-will-sell-remaining-penguin-random-house-stake-2019-12-18 |title=Pearson CEO to Retire and company will sell remaining Penguin Random House stake |website=marketwatch.com |publisher=[[MarketWatch]] |date=18 December 2019 |access-date=18 December 2019}}</ref> Pearson CEO [[John Fallon (businessman)|John Fallon]] retired from the company in 2020,<ref name="retire"/> and was succeeded by [[Andy Bird]] on 19 October 2020.<ref>{{cite web |last1=Pfeiffer |first1=Thomas |last2=Seal |first2=Thomas |title=Pearson Names Ex-Disney Executive as CEO, Ending Long Search |url=https://www.msn.com/en-us/money/companies/pearson-names-ex-disney-executive-as-ceo-ending-long-search/ar-BB18iFmv |access-date=24 August 2020 |publisher=[[MSN]] |date=24 August 2020}}</ref> In December 2021, Pearson announced that [[Omid Kordestani]] had been appointed as the chairman of the board of directors,<ref>{{Cite web |date=16 December 2021 |title=Pearson appoints Silicon Valley veteran Omid Kordestani as chair |publisher=[[Financial Times]] |url=https://www.ft.com/content/09f5c19a-0822-4b07-b2bb-69de223ae820 |access-date=18 May 2022}}</ref><ref>{{Cite web |date=16 December 2021 |title=Pearson hires former Twitter exec Omid Kordestani as Chair Designate |url=https://www.cityam.com/pearson-hires-former-twitter-exec-omid-kordestani-as-chair-designate/ |access-date=18 May 2022 |website=cityam.com |language=en}}</ref> effective March 2022.<ref>{{Cite web |title=Introducing our leaders |url=https://plc.pearson.com/en-GB/company/leadership |access-date=18 May 2022 |website=plc.pearson.com |language=en}}</ref> In April 2022, Pearson announced it had acquired the online language learning platform, [[Mondly]].<ref>{{Cite web |title=Pearson reports 7% underlying sales growth as it acquires language learning platform Mondly |url=https://www.thebookseller.com/news/pearson-reports-7-underlying-sales-growth-as-it-acquires-language-learning-platform-mondly |access-date=29 April 2022 |website=thebookseller.com |publisher=[[The Bookseller]] |language=en}}</ref> In April 2022, Pearson acquired ClutchPrep, which was renamed Channels and added to the Pearson website.<ref>{{cite web |title=Clutch Prep acquired by Pearson |date=12 April 2022 |url=https://refreshmiami.com/clutch-preps-journey-from-startup-to-exit-what-a-run-it-was/}}</ref><ref>{{Cite press release |title=Pearson Releases Curated Video & Practice Feature to Enhance Learning Experiences for All College Students |url=https://www.prnewswire.com/news-releases/pearson-releases-curated-video--practice-feature-to-enhance-learning-experiences-for-all-college-students-301599800.html}}</ref> In September 2023, CEO Andy Bird announced his impending retirement.<ref name="Reuters new CEO">{{cite web |last1=Shabong |first1=Yadarisa |last2=Mathews |first2=Eva |title=Pearson names Microsoft executive Abbosh CEO as Bird retires |url=https://www.reuters.com/world/uk/pearson-names-omar-abbosh-its-new-ceo-2023-09-20/ |access-date=19 February 2024 |publisher=[[Reuters]] |date=20 September 2023}}</ref> He was succeeded by Omar Abbosh, president of [[Microsoft]]'s Industry Solutions business,<ref name="Reuters new CEO"/> on 8 January 2024.<ref>{{cite web |last1=Siampani |first1=Anna |title=Pearson Confirms Omar Abbosh will Assume the role of CEO in January |url=https://ceoworld.biz/2023/10/30/pearson-confirms-omar-abbosh-will-assume-the-role-of-ceo-in-january/ |website=ceoworld.biz |access-date=19 February 2024 |date=30 October 2023}}</ref>
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