Scardino steps down as vice chair of Nokia

MARJORIE Scardino, the departing chief executive of Financial Times owner Pearson, is to step down from the board at Nokia after 11 years.

Scardino, who will leave Pearson at the end of the year, has been a non-executive director at Nokia since 2001, and vice chair since 2007.

She has taken the decision in order to be in line with what is considered good board practice, sources said yesterday.

Scardino announced last week that she would leave the Pearson board at the end of this year after 16 years at the helm of the global education and media group, in a move that could clear the way for the sale of the group’s Financial Times newspaper.

Analysts say the new chief executive John Fallon, with his non-publishing background, could be willing to think again as neither the FT nor Penguin Books fully fit with the Education division which became the dominant force under Scardino.