Smith Is In, Parcell Out As Reuter Information CZAR; U.S. Operation Gains Power While Europe Fumes

THIS MONTH'S LEAD STORIES

The balance of regional corporate clout within Reuters Holdings PLC has shifted away from Europe and toward North America with the appointment of a U.S. Reuters executive as head of real-time information services for Reuters worldwide. Reuters officially has no comment on the matter, but several sources confirm the details.

The new real-time data czar is Buford Smith, vice president, market data services, at Reuters Information Services, Inc., the firm's U.S. operating unit. Smith, a former

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