Reuters Media Shake-Up: Clearer Picture, ‘Not A Revolution’
A clearer picture has emerged of senior-level changes in Reuters’ Media division, as the unit retains its name but undergoes some shake-ups in the wake of the Thomson (NYSE: TOC) merger. Chris Ahearn has recast the division with “three principal operating axes” to “put our customers at the center of all we do and reinforce teamwork, accountability and performance”...
—News agency: UK-based Reuters (NSDQ: RTRSY) Media MD Monique Villa stepped aside two days ago to become CEO of the Reuters Foundation, working on news training in developing countries and disaster zones. She will in a sense be replaced - although not directly - by Christophe Pleitgen, who will lead the new-look news agency element.
—Consumer media: After the departure of US-based Reuters Media GM and SVP Stephen Smyth, Alisa Bowen will lead the global consumer media axis. Bowen had previously led interactive products alongside Smyth’s online offerings and there will be a new head of advertising sales for consumer media in the US.
—Professional publishing: The third axis will be led by David Hurst. Other areas include strategy and business development (Maria Molland), marketing (Sumita Singh), technology (Leon Shklar) and office of the president, media (Malcolm Murray).
Speaking to me at Thomson Reuters’ London HQ this morning, Villa said it wasn’t a restructure but created “a much more clean line”: “It’s just different, it’s not a revolution.” “It’s not so much change because Chris Ahearn has been president of Media for five years or something now.” She said she didn’t think there would be layoffs in the Media division…More details on the change at PCUK, here.

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