He will start Dec. 3. Editorial content will continue to be led by editor-in-chief Stephen J. Adler, who will report to Friedenberg.
“Michael’s understanding of the challenges facing our media customers and proven track record driving profitable growth will add significant strength to our team as we work to further monetize trusted, mission-critical news for our customers,” said Thomson Reuters CEO Jim Smith in a statement.
Friedenberg previously served as global CEO of IDG Communications, a media, data and services firm, leading the company across 147 countries. He will be based in New York.
“This is a once-in-a-lifetime opportunity to lead the world’s number one international news organization,” said Friedenberg. “Reuters has always held a special place in my life as the go-to for news and information. This moment to meld art and science within the Reuters business model is incredibly exciting. I am very much looking forward to being part of the team that continues to transform and modernize Reuters business model and global footprint.”
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