Thomson Reuters CEO is in the hospital
Thomson Reuters Corp. Chief Executive Jim Smith was taken to a Toronto hospital on Monday “after feeling unwell” and remains under observation at the hospital.
A Reuters story states, “In his immediate absence, Chief Financial Officer Stephane Bello will oversee Smith’s responsibilities alongside his own, Thomson Reuters said in a statement.
“Two weeks ago, Smith struck a deal to sell a majority stake in the company’s Financial and Risk business to U.S. private equity firm Blackstone Group LP. The deal, which valued the unit at around $20 billion including debt, is expected to close in the second half of 2018, Thomson Reuters has said.
“A former journalist, Smith was appointed CEO in January 2012. He began his career at Thomson Corp in 1987 and ran its North American newspaper business before moving into other executive roles, including managing the professional publishing business that served the legal, tax and accounting markets.
“Last year, Smith and other members of Thomson Reuters’ executive leadership moved to Toronto from Stamford, Connecticut.”
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