Categories: OLD Media Moves

Reuters parent names co-chief operating officers

Financial news and information company Thomson Reuters named Brian Peccarelli and Neil Masterson as its co-chief operating officers on Monday as part of a reorganization, which also involves four executives leaving the company.

A Reuters story states, “Thomson Reuters, the parent company of Reuters News, is in the process of selling a majority stake in its Financial and Risk unit, which sells data and news primarily to financial customers, to private equity firm Blackstone Group LP.

Steve Adler will continue to lead Reuters News.

“As part of the changes, Susan Taylor Martin, president of the Legal business, and Gonzalo Lissarrague, president of the Global Growth Organization, will leave the company, Thomson Reuters CEO Jim Smith said in a statement.

“Chief Communications Officer Gus Carlson and Chief Strategy Officer Brian Scanlon have also elected to leave, the company said.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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