Thomson Reuters Corp is engaged in succession planning for Chief Executive Jim S...
FILE PHOTO: Thomson Reuters Chief Executive Jim Smith speaks about the deal with U.S. private equity firm Blackstone Group LP, during a staff town hall meeting in Toronto, Ontario, Canada January 31, 2018. REUTERS/Chris Helgren/File Photo
David Thomson, the company’s chairman, said the board “is fully supportive of Jim Smith and his management team. We are aligned on strategy and direction.”“To be clear, I’m not planning to go anywhere soon,” Smith said. “Please know that when the time comes to hand over the reins, you will hear it from me.”
In a statement, Thomson Reuters said: “The Board of Directors considers succession planning and benchmarking for all key executives a matter of good governance. Hence, the Board and management continuously assess internal candidates and work with search firms to scan the external market.”
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