Flaschen Out At Thomson Financial; Schaffer Is Interim Head As Search Starts

VENDOR BRIEFING

BOSTON--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 Thomson Corp. 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 Marketing and North American head of

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