Reuters Is All Penn(ed) In

Time to revise those organizational charts. Again. Reuters' Jeremy Penn, currently managing director, Asia, is to head a new operating unit to be known as Reuters Ventures, effective January 1. The division will sit alongside Reuters Information and Reuters Trading Systems organizationally. Reuters Ventures will be the vehicle for Reuters' activities in new media, including its relationship with Dow Jones Reuters Business Interactive LLC, Reuters' joint venture with Dow

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