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
to pay a multi-million 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.
(Reporting by Kate Holton; editing by James Davey)
Pearson (PSON)
