Thomson Reuters CEO: Journalism excellence is critical to our success

Thomson Reuters CEO Jim Smith sent out the following announcement to the staff on Thursday:

Earlier today it was announced that Andrew Rashbass has decided to leave Thomson Reuters to become the Executive Chairman of Euromoney Institutional Investor PLC. I have asked Steve Adler to assume responsibility of the Reuters news business on an interim basis following Andrew’s departure at the end of the month.
Steve is not only a highly accomplished editor-in-chief, he has a strong understanding of the challenges facing our clients across the Thomson Reuters business. I am confident that Steve will continue the excellent ground work laid by Andrew to further integrate and monetize our news and media business.
World-class journalistic excellence remains critical to our success as an organization. While the direction and values of our news operation will not change, we will continue to innovate in news gathering, delivery and customer service to meet customers’ needs in a rapidly changing news and media landscape.
Please join me in giving our continued support to Steve as he takes on the additional responsibilities and wishing Andrew well in his continued future success.

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.