Thomson Reuters hires 'The Economist' CEO to lead media business

Thomson Reuters Corp. said on Wednesday it had hired Andrew Rashbass, currently the group chief executive of The Economist Group, to be CEO of its news business Reuters.

“We are determined that Reuters news should not only fulfil its critical mission but also its potential in creating long-term value for our customers and shareholders,” David Thomson, chairman of Thomson Reuters, said in a statement.

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