Flaschen Quits Thomson Leaving A Key Slot Open

ORGANIZATION & MANAGEMENT

BOSTON, MA--David Flaschen, president and chief executive officer of Thomson Financial, has resigned from his position, in what insiders say was a surprise move. A replacement has not yet been named, but David Shaffer, executive vice president and chief operating officer of parent company The Thomson Corp. (TTC), will serve as interim president and chief executive officer of Thomson Financial, until a successor is named.

Flaschen--a former head of direct mail marketing company Donnelly Market

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