Reynolds, Reorg Research ME, departs organization

Kevin Reynolds, a managing editor at business news service Reorg Research, has left the organization, multiple sources have confirmed to Talking Biz News.

Reynolds, hired earlier this year to build up its presence in Washington, declined to comment when contacted.

Reorg Research covers news about distressed debt and leveraged finance. Reorg charges tens of thousands a year to large hedge funds and investment banks willing to pay that amount to receive court filings and stories analyzing bankruptcy cases and other litigation produced by Reorg’s editorial staff of journalists, analysts and attorneys.

Reynolds, who had been at Bloomberg for more than 20 years, left Bloomberg in September 2015.

First Word became the most-read wire on the Bloomberg terminal behind Bloomberg News. It now receives roughly the same number of client views as Bloomberg News and is considered one of the most successful new products in company history.

Before starting First Word, Reynolds turned around two operations for Bloomberg. He started multiple others, including the training program used for all new hires around the world as well as a government and political news service for BGov, the company’s product that quantifies the business impact of U.S. government action.

During his tenure at Bloomberg, Reynolds also oversaw the desks around the world that send flash headlines on breaking news from press releases, Securities and Exchange Commission filings, websites and other media, as well as Bloomberg’s overnight and weekend staff.