Arab Today, arab today reuters boss tom glocer to step down
Last Updated : GMT 00:25:05
Arab Today, arab today
Arab Today, arab today

Reuters boss Tom Glocer to step down

Arab Today, arab today

Arab Today, arab today Reuters boss Tom Glocer to step down

London - Arabstoday

The chief executive of news group Reuters is to step down after 10 years in charge. Tom Glocer will leave his post on 1 January and will be replaced by the group\'s current chief operating officer, James Smith. The move follows concerns over the fall in the Reuters share price, which has dropped 29% this year. The fall is equal to a $5bn (£3.2bn; 3.7bn euros) paper loss for Thomson, which bought Reuters in 2008. Mr Glocer is the last remaining Reuters executive on the company\'s board. It is the second promotion in a year for James Smith, who joined the Thomson company in 2000. He was promoted to the chief operating officer role in September. Mr Glocer became the first American to lead the Reuters Group when he took the helm in 2001. He won plaudits for a strict cost-cutting exercise in which he cut thousands of jobs to make the firm more competitive.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today reuters boss tom glocer to step down Arab Today, arab today reuters boss tom glocer to step down

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today reuters boss tom glocer to step down Arab Today, arab today reuters boss tom glocer to step down

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday