Reorganization And Layoffs At Reuters May Be Warm-Ups For Race To Succeed Renfrew As Number One


Swept by a wave of layoffs and reorganization, Reuters Holdings PLC now appears to be bracing itself for yet another challenge -- the contest to succeed Glen Renfrew as managing director and chief executive. Although the company denies it, several sources expect the 60-year-old Renfrew by the end of next year to announce plans for his retirement.

Who the heir apparent is depends upon whether the question is asked in London or New York. The chief rivals are clearly Reuters Europe managing dir

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