Moonshot Idea: A radical recalibration of education – Business – Columbus CEO

The global system of preparing people to make meaningful contributions to society while enjoying economic safety does not work. What if we just started from zero and remade education?

What if the effect of the Covid-19 pandemic on education isn’t about new modes of instruction, but instead is the realization that our current system is on a path without a relevant destination?

Every industry clamors for the arrival of a “new normal.” And yet, we would argue that getting back to a “new normal” is the absolute wrong aspiration. After all, normal in terms of global education was pretty dismal in many parts of the pre-Covid-19 world. 

Stay up to date with the region’s business scene. Subscribe to Columbus CEO’s weekly newsletter.

What are we preparing kids for? A seemingly simple—maybe even downright foolish—question to ask is far more complicated than 50 or even 10 years ago. In a world

Read More

Pearson overcomes investor ire to hire new CEO with big pay packet

By Kate Holton

LONDON (Reuters) – Shareholders in educational publisher Pearson <PSON.L> sanctioned the appointment of former Disney executive Andy Bird as CEO on Friday, accepting the need for a multimillion-pound pay packet to secure his services.

The British company had to get the backing of shareholders to offer Bird a co-investment opportunity worth up to $9.3 million, a move it said was necessary to secure a “rare” talent whose experience fitted with Pearson’s requirements.

Of votes cast, 67% backed the move and Bird will take over as chief executive on Oct. 19.

“During this process, we have undertaken extensive engagement with our shareholders, in which Andy has been recognised as an outstanding candidate,” Sidney Taurel, Chair of Pearson, said.

Although Bird does not have direct experience in education, he has been on Pearson’s board since May and helped develop Disney’s direct-to-consumer strategy.

Pearson has endured a tumultuous four years

Read More

CEO of Big Brothers Big Sisters of Essex, Hudson & Union Counties Carlos Lejnieks

Carlos Lejnieks is CEO of Big Brothers Big Sisters of Essex, Hudson & Union Counties (Newark, NJ) and is immediate-past Chairman of Big Brothers Big Sisters of NJ. Carlos took over an atrophied BBBS agency in 2008 and, within four years, went from serving approximately 100 youth to serving well over 1,100 annually. Each child is paired with a specially trained and supervised one-to-one volunteer adult mentor. Under his leadership, BBBS has received numerous awards from local and national entities including a formal recognition by President Obama. In 2016, he rang the Closing Bell at the Nasdaq in celebration of National Mentoring Month, and, in 2018, he rang the Closing Bell at the New York Stock Exchange in honor of his 10th anniversary.

Prior to joining BBBS, Carlos was an administrator at North Star Academy,

Read More

Minerva CEO Ben Nelson on a radical rethinking of higher education | American Enterprise Institute

Ben Nelson is the founder, chairman, and CEO of Minerva, a San Francisco-based university and ed-tech startup. Prior to founding Minerva, Ben spent more than 10 years at Snapfish, serving as CEO for five of those, where he helped build the company from startup to the world’s largest personal publishing service. Before Snapfish, Ben was president and CEO of Community Ventures. I recently sat down with Ben to discuss the Minerva model and the implications for higher education more broadly.

—Rick

Rick: What is Minerva?

Ben: Minerva is two organizations that are unified with one mission: to nurture critical wisdom for the sake of the world. We believe that there are no more important institutions to society than universities, as they have such a strong influence on picking those individuals who will eventually make decisions of consequence—decisions that will impact the lives of others more so than their own.

Read More

Pearson splashes out to secure former Disney exec Bird as CEO

LONDON (Reuters) – Education publisher Pearson PSON.L has tapped Andy Bird as its next chief executive, turning to a media veteran who helped build Walt Disney’s DIS.N consumer online business to complete its tricky digital transformation.

FILE PHOTO: Caidence Miller, a 4th grader at Cottage Lake Elementary, works with his grandmother Chrissy Brackett as they try to figure out how to navigate an online learning system. REUTERS/Lindsey Wasson/File Photo

The British company, which has endured a tumultuous four years as it adapts from selling textbooks to online courseware, said it had agreed to pay more than normal to secure such a “rare” talent whose experience fits with Pearson’s requirements.

Bird will replace John Fallon, who cut thousands of jobs and sold off assets in response to a string of profit warnings during his more than seven years in charge of the world’s biggest education group.

The new CEO will receive

Read More

UPDATE 2-Pearson overcomes investor ire to hire new CEO with big pay packet

* 67% of votes cast back new CEO deal

* Approval needed for Bird to start on Oct 19 (Adds company comment)

LONDON, Sept 18 (Reuters) – Shareholders in educational publisher Pearson sanctioned the appointment of former Disney executive Andy Bird as CEO on Friday, accepting the need for a multimillion-pound pay packet to secure his services.

The British company had to get the backing of shareholders to offer Bird a co-investment opportunity worth up to $9.3 million, a move it said was necessary to secure a “rare” talent whose experience fitted with Pearson’s requirements.

Of votes cast, 67% backed the move and Bird will take over as chief executive on Oct. 19.

“During this process, we have undertaken extensive engagement with our shareholders, in which Andy has been recognised as an outstanding candidate,” Sidney Taurel, Chair of Pearson, said.

Although Bird does not have direct experience in education, he

Read More