Information Today
Volume 18, Issue 2 February 2001
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Reuters Announces New Chief Executive

Reuters, the global information, news, and technology group, has announced the appointment of Tom Glocer to group chief executive as of July 2001. He will replace Peter Job, who will retire from the company.

Glocer is currently CEO of both ReutersInformation and Reuters America, Inc. He was appointed to the Reuters board in June 2000. In October 1998, he assumed responsibility for managing the operations of Reuters Information in North and South America and acted as senior company officer for the Americas. He joined Reuters in September 1993 as a senior member of the group's legal department and a year later became general counsel of Reuters America. He joined the company from the law firm of Davis Polk & Wardwell, for whom he worked in New York, Paris, and Tokyo.

Since October 1999, Reuters was actively searching for a successor to Job and had reviewed both internal and external candidates. The review process, which has been thorough and wide-ranging, has been conducted by the Reuters Nomination Committee--comprising only the nonexecutive directors--under Reuters chairman Christopher Hogg. According to the company, Glocer's appointment reflects the considerable abilities he will bring to the role, including a thorough understanding of the ways in which Reuters markets and how its technologies are evolving, together with exceptional leadership qualities. He is highly regarded within the group and is widely known in the industry.

Glocer and his family, who are currently based in New York, will relocate to London, where Reuters headquarters is based.

Source: Reuters America, New York, 212/603-3345;

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