Thomson Reuters (TRI) Chairman David Thomson is moving away from his family's traditional hands...


Thomson Reuters (TRI) Chairman David Thomson is moving away from his family's traditional hands off approach to it business interests and taking a more assertive role. The new modus operandi comes amid disappointment at the company's poor share price and earnings performance since the merger of Thomson and Reuters in 2008, and is characterized by the replacement last week Geoff Beatti as the head of the family's holding company, which owns 55% of Thomson Reuters.

Comments (2)
  • lorneb
    , contributor
    Comments (328) | Send Message
     
    Why did it take so long for David Thomson and the Board to realize there has for a long time been a problem?. Is it perhaps that maybe he is a substantial part of the problem and he along with some Board members should be replaced?
    5 Dec 2012, 08:00 PM Reply Like
  • marpy
    , contributor
    Comments (1703) | Send Message
     
    With respect to TRI, they cleaned house a while ago moving the Reuters crowd out and moving Smith and his people in. Smith had been very successful in running some of Thomson's other divisions focusing on discipline, growth, teamwork and customer service. He is now bringing that to the markets division and putting it in a much better place to move forward and grow once Europe and there banking customers start moving forward again. In the mean time the dividend pays you to wait. I own some TRI.
    9 Dec 2012, 09:44 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs