Andrew Rashbass, currently group chief executive of The Economist Group, has been hired by Thomson Reuters to run its news and media business.
Rashbass has worked for The Economist for 15 years in a number of roles, including managing director of Economist.com and publisher of The Economist. He has been group chief executive since 2008.
Rashbass will join the company in the summer in the newly established role of chief executive, Reuters. He will be based in London. Stephen J. Adler, president and editor-in-chief, will report to Rashbass.
“I am excited to be joining Reuters with its unmatched commitment to reporting with speed, accuracy, integrity and independence,” said Rashbass in a statement. “As well as being, or in fact because they are, essential to Reuters journalism, these characteristics can also drive huge commercial success.”
Rashbass Joined The Economist Group in December 1997 from Associated Newspapers.
Read the release here.