Thomson Reuters Backs CEO After Report It’s Seeking Successor
- Says board is always working to identify executive candidates
- Company will split from financial data business with LSE deal
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Thomson Reuters Corp.’s board threw its support behind Chief Executive Officer Jim Smith after the Financial Times said the professional information company has hired an executive search firm to identify a successor.
The board appointed Spencer Stuart to draw up a shortlist of internal and external candidates, the paper said, citing people with knowledge of the succession process. Co-chief operating officer Neil Masterson was one internal contender, it said.