Sanderson Continues Reuters Reorg; Vaughan Demoted

VENDOR STRATEGIES

The restructuring of Reuters' American operations under Michael Sanderson, the new chairman of Reuters America Holdings Inc., continued late last month. The latest developments include the demotion of Brian Vaughan, former president of Reuters America Inc. (RAM) and the naming of Vaughan and a Reuters executive from Germany as regional directors in the Americas.

The move puts Sanderson directly at the helm of RAM. A spokesperson for Reuters says Sanderson will not name a new president -- "be