Flaherty joining Reuters M&A team in New York
I’m pleased to announce that Michael Flaherty will join the Reuters M&A and corporate finance team in New York as our new shareholder activism and corporate governance correspondent.
]Michael brings a unique combination of experience, knowledge and drive to a critical area of our coverage, at a time when a growing number of U.S. companies is becoming the target of activist investors. Michael has covered the Federal Reserve from the Washington D.C. bureau since April 2014. In that role, he tracked the Fed’s build-up to its first interest rate hike in nearly a decade, as well as financial regulation and rising political pressure aimed at the U.S. central bank.
Prior to the Fed beat, he spent more than six years in the Reuters Hong Kong bureau in a range of roles, starting as a banking/M&A reporter and later becoming Asia Finance Editor-in-Charge. As a reporter and editor, Michael covered China’s overseas M&A push, Hong Kong’s IPO market, South East Asia’s debt boom, Singapore rate rigging and other big banking and fund industry stories across Asia.
A special report he co-authored in 2012 on China’s shadow banking system was nominated for a Society of Publishers in Asia award in explanatory journalism. From 2003 to 2008, Michael worked in the New York bureau and won Reuters’ “Journalist of the Year” accolade in 2007 for his coverage of the private equity industry.
That same year he won first prize in the M&A International Media awards for a story on Lehman and Bear Stearns’ exposure to leveraged loans. In his spare time, Michael enjoys hiking, camping and beach-going with his wife and family, and coaching his children’s sports teams. Please join me in congratulating Michael on his new role, which he starts next month.