Can Smith Turn Around Thomson Reuters?

Rob Daly, Sell-Side Technology

Yesterday, the final domino fell in the Thomson Reuters senior management shuffle that began earlier this year. The industry mainstay announced that CEO Tom Glocer would step down at the end of the year and that COO James Smith, a 24-year veteran of Thomson, would step in as CEO at the start of 2012.

Rumors have been circulating for a while that the Thomson family, which owns a majority of Thomson Reuters via its Woodbridge holding company, has been unhappy with the 2008 acquisition of Reuters

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