Statement re the Financial Times

Pearson announces that Andrew Gowers is stepping down from the role of editor of the Financial Times because of strategic differences between himself and Pearson.

"We're very grateful to Andrew for his distinguished 22-year career at the FT," said Marjorie Scardino, chief executive of Pearson. "As editor he led the integration of print and online media, extended our international reach and steered the FT through the most difficult markets in its history."

Andrew Gowers became editor of the Financial Times in September 2001. His previous roles included Middle East editor, features editor, foreign editor, deputy editor and founding editor of Financial Times Deutschland.

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