Financial news and data company Thomson Reuters on Tuesday named new leadership, tapping veteran media executive Steve Hasker as chief executive and promoting Mike Eastwood, its head of. Chief Operating Officer and Corporate Vice President,Microsoft. Smith became CEO in 2012. Thats exactly what professional tennis player Jannik Sinner had in mind when he met up with Lindsey Vonn, US Olympic Champion and one of the best alpine ski racers of all time. Complete audits with confirmation service and integration with third-party data analytics. As part of his new role, Hasker has also been appointed to the Thomson Reuters Board of . As part of his new role, Hasker has also been appointed to the Thomson Reuters Board of Directors, with Smith stepping down as a director. Frank J. On Tuesday, shares of the company closed up 0.6% to $80.65. Executive-in-Residence, General Catalyst Ventures. He later led the companys professional businesses. In his new role, Bello will overseestrategy, commercial excellence and business development and support the CFO transition into 2021. Watch Vonn and Sinner as they explore the dedication and work required to become the best. The appointments are effective on March 15. Steve Breen, Creators Syndicate 132k Views Will Others Follow? Ed is also a special advisor to The Woodbridge CompanyLimited, the principal shareholder of Thomson Reuters. Save time with tax planning, preparation, and compliance. She was the Chief Executive Officer of Council Advisory Services, LLC from 2012 through 2015. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images). Smith will become chairman of the Thomson Reuters Foundation, which focuses on media freedom, inclusive economies and access to justice around the world. Steve Hasker has been President and Chief Executive Officer of Thomson Reuters since March 2020. For more information on Thomson Reuters, visittr.comand for the latest world news,reuters.com. Hasker, who was president and chief operating officer of media industry tracking firm Nielsen before departing in 2017, takes over from James Smith, the current CEO and a more than 30-year veteran of the company. david.crundwell@tr.com, INVESTORS He then received an MBA and master's degree in international affairs from Columbia University. steve hasker political affiliation. Steve Hasker is a non-executive director of Appen Limited and a member of the Australia and New Zealand Institute of Chartered Accountants. A business management tool for legal professionals that automates workflow. Home; About Us; Services . He takes over the post from Stephane Bello, who will serve as vice chairman of Thomson Reuters Corp. Hasker has worked at various companies, including as global president and chief operating officer of Nielsen and as CEO of TPGs portfolio company, CAA Global. Smith will become chairman of the Thomson Reuters Foundation, which focuses on media freedom, inclusive economies and access to justice around the world. Simon previously worked at SAP from 2007 to 2015, where he held a number of senior leadership positions. Eastwood takes over from outgoing CFO Stephane Bello, who has been in the post since 2012 after serving as finance chief of the companys professional division for four years. While the company believes that it has a reasonable basis for making forward-looking statements in this news release, they are not a guarantee of future performance or outcomes and there is no assurance that events described in any forward-looking statement will materialize. Thomson Reuters says Steve Hasker will become its new CEO, succeeding Jim Smith. CAA is a TPG portfolio company. Prior to joining Thomson Reuters in February 2020, he was Senior Adviser to TPG Capital, a private equity firm, from August 2019 to February 2020. . While the company believes that it has a reasonable basis for making forward-looking statements in this news release, they are not a guarantee of future performance or outcomes and there is no assurance that events described in any forward-looking statement will materialize. Thomson Reuters also reported its latest results Tuesday with revenue for the fourth quarter rising 4% compared to the same period last year to $1.58 billion, in line with the expectations of analysts. Reverse Phone Search Tool. Our products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world's most global news service Reuters. Search volumes of data with intuitive navigation and simple filtering parameters. from 8 AM - 9 PM ET. is close to naming former Nielsen Holdings Plc. Jim and Stephane have led the recent transformation which has positioned the company to realize its potential into the future. Investors and analysts werent surprised by the moves, which were expected in recent weeks. This message was sent by Steve Hasker, President and Chief Executive Officer of Thomson Reuters, to all global employees on June 2, 2020. Build your case strategy with confidence. David Thomson, chairman of the Thomson Reuters board of directors said, We are deeply grateful for Jims service and long career with Thomson Reuters. Hell also help with Haskers transition to the CEO post. A business management tool for legal professionals that automates workflow. He grew up in Australia and during his career he has lived and worked across North America, Europe and Asia. 1 Min Read. Prior to 2013, he held a number of senior positions at Woodbridge between 1999 and 2012, including Chief Operating Officer. Simplify project management, increase profits, and improve client satisfaction. Link Copied! Add custom text here or remove it. This is part of our normal course succession planning and I am actively involved in the process, Smith said in a memo to employees. As President, Strategy and Business Management, she led corporate strategy and development, customer support, indirect procurement, real estate and workplace functions. Two sources cautioned that his appointment had not been finalized and the timing of an announcement could be slightly delayed. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Smith will become chairman of the Thomson Reuters Foundation. June 26, 2014 by Talent4Boards Team. He is also President and Chief Executive Officer and a director of Woodbridge, the Thomson family investment company. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. Forward-looking statements are subject to a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from current expectations, including other factors discussed in materials that Thomson Reuters from time to time files with, or furnishes to, the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission. He grew up in Australia and during his career he has lived and worked across North America, Europe and Asia. Previously, Steve served as Senior Adviser to TPG Capital, a private equity firm, Chief Executive Officer of CAA Global, a TPG Capital portfolio company, and global president and chief operating officer of Nielsen, an information, data and measurement firm. Jim and Stephane have led the recent transformation which has positioned the company to realize its potential into the future. Haskers appointment would conclude a succession planning process that began at least as far back as January 2019, when Thomson Reuters was interviewing executive search firms, according to two sources familiar with the matter. Except as may be required by applicable law, Thomson Reuters disclaims any obligation to update or revise any forward-looking statements. She was the National Managing Principal, Enterprise Technology Strategy & Innovation, for Grant Thornton LLP from 2017 to 2019 and served as the Senior Vice President and General Manager for MITRE Corporation in 2017. Get more accurate and efficient results with the power of AI, cognitive computing, and machine learning. Cision Distribution 888-776-0942 Masterson did not immediately respond to a request for comment. it is a pleasure to hear from you formal. David has a law degree from McGill University, a BA from Queens University and a graduate degree in journalism from Northwestern University. President and Chief Executive Officer, Thomson Reuters, For CA: Do not sell my personal information. You are cautioned not to place undue reliance on forward-looking statements which reflect expectations only as of the date of this news release. After the postseason pause, Clippers owner Steve Ballmer announced that the Forum will be a voting center beginning in late October. Prior to joining Thomson Reuters in February 2020, he was Senior Adviser to TPG Capital, a private equity firm, from August 2019 to February 2020. LaVerne Council is the Chief Executive Officer of Emerald One, LLC, an information technology consulting company focused on helping businesses develop innovative methodologies for driving change and transformation. The announcement was made as the company reported it had met or exceeded its annual earnings guidance for the eighth consecutive year, achieving 4% organic revenue growth. He is also Chair of the Vector Institute for Artificial Intelligence. Get more accurate and efficient results with the power of AI, cognitive computing, and machine learning. He is also a Chairman of Woodbridge, the Thomson family investment company, and Chairman of The Globe and Mail Inc., a Canadian media company. Hasker went on to serve as global president and chief operating officer of Nielsen before joining TPG - a global alternative asset firm - first as CEO of its portfolio company, CAA Global, and then as senior adviser to TPG Capital. He currently chairs the World Trade Board, an organization initiated by Finastra that is made up of global leaders, innovative thinkers, industry influencers and subject matter experts from the different corners of trade, finance and commerce. She is also a member of the boards of Mathematica, an acclaimed employee-owned data research organization, and GirlUp, a nonprofit initiative founded by the United Nations Foundation. Peter is a Chairman of Woodbridge, the Thomson family investment company. (The film was produced in part by StarWing Sports Management, which represents Sinner. Steve started his career with PwC, where he qualified as a chartered accountant. Kirk is a member of the boards of directors of Ingersoll Rand, The Predictive Index, Solstice and Trane Technologies.