Tuesday, April 29, 2008

Business: Thomson Reuters announces new leadership team for foundation

New York, (ANTARA News/PRNewswire-AsiaNet) - Thomson Reuters(NYSE: TRI; TSX: TRI; LSE: TRIL: Nasdaq: TRIN), the world's leading source of intelligent information for businesses and professionals, today announced the new leadership team for its foundation.

With the approval of the foundation's trustees, Richard J. Harrington, former Thomson president and chief executive officer, has been appointed foundation chairman. Monique Villa, former managing director at Reuters Media, has been appointed chief executive officer of the foundation.

Thomas H. Glocer, chief executive officer of Thomson Reuters, said, "I am truly delighted that Dick Harrington and Monique Villa have accepted these roles. Together they will bring a huge amount of expertise, creativity, experience and ideas to the foundation. The foundation underpins Thomson Reuters business strategy with a central commitment to the communities in which we do business."

"In building on the heritage of three decades of the Reuters Foundation, and by leveraging the broader assets and capabilities of our enlarged global business, Dick and Monique will be able to drive the work of the foundation forward, expanding its influence and work across the globe."

Mr. Harrington added, "I'm honored to continue my tenure with Thomson Reuters in this capacity and thank Geert Linnebank for his vision and leadership as previous chairman of the foundation. During my tenure at Thomson, we developed an outstanding track record for making a difference in the communities in which we operate. I am confident we can uphold that tradition while supporting the historic priorities of the foundation."

Ms. Villa said, "I am hugely excited by the opportunity to help lead and develop the foundation, to extend its global reach and impact, and utilize the tremendous skills and expertise within Thomson Reuters. Through various supported initiatives, the foundation will provide knowledge, information and support to diverse communities in which we operate, giving them the means and a voice with which to make a difference."

Reuters Foundation runs four core programs: journalism training, Reuters AlertNet (www.alertnet.org), the inception and creation of Aswat al Iraq (www.aswataliraq.info) and part-funding of the Reuters Institute for the Study of Journalism at the University of Oxford. It is expected to continue to run these programs while expanding to take on more initiatives to reflect the expertise, global community and strategic business goals of Thomson Reuters.

The foundation's strategic and operational goals are overseen by its board of trustees, which in addition to Mr. Harrington includes Geert Linnebank, the former chairman; David Craig, Thomson Reuters chief strategy officer who oversees management of the foundation's activities; David Schlesinger, Thomson Reuters editor in chief; as well as independent directors Lawton Fitt, Kenneth Olisa and Sir Crispin Tickell.

Reuters Foundation is registered as a charity in England and Wales, UK, registered number 1082139. Established in November 1982, the trustees determined that the priorities of the charity were to be the advancement of education, humanitarian aid and the environment. Reuters Foundation Consultants Limited is a wholly owned subsidiary of the above company. Reuters Foundation is the sole member of Reuters Foundation Inc., a New York not-for-profit corporation which holds 501c3 status.

Community Engagement at Thomson Reuters

Working in partnership with community organizations and charities, the people at Thomson Reuters provide valuable support by sharing time, expertise, skills and resources, while also building their own skills and awareness of social issues. Thomson Reuters is committed to using its specialized knowledge, information, technology and resources to develop robust programs that help individuals, families and communities reach their full potential. Thomson Reuters staff have developed many exciting programs to share skills - some outstanding examples from the last 12 months are published at: http://www.thomsonreuters.com/about/corp_responsibility community/.

About Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (Nasdaq: TRIN). For more information, go to www.thomsonreuters.com.

About Richard Harrington

Prior to his appointment as Chairman of the foundation, Mr. Harrington was president and chief executive officer of The Thomson Corporation. During his 10 years as CEO, Mr. Harrington led the transformation of Thomson from a diverse holding company with interests in publishing into an integrated operating company to a leading global provider of electronic information, software and services to business and professional customers. Under his direction, Thomson's market value more than tripled and the company became a celebrated case study in how a large business can adapt quickly and repeatedly to take advantage of changing markets.

Prior to becoming CEO of The Thomson Corporation, Mr. Harrington held a number of senior leadership positions within the company, including CEO of Thomson Newspapers, and CEO of Thomson Professional Publishing.

Mr. Harrington serves on the boards of directors of Xerox Corporation (NYSE: XRX) and the Norwalk Community College Foundation. He also sits on advisory boards associated with the William F. Achtmeyer Center for Global Leadership at Dartmouth's Tuck Business School, the College of Business Administration at the University of Rhode Island (URI) and the President's Council at URI.

He has received many honors during his career. In 2007, he received the "Legend in Leadership" award from the Yale University Chief Executive Leadership Institute; the "CEO of the Year" award from the Executive Council, and the "Man of the Year" award from the National Executive Council for his many philanthropic activities.

About Monique Villa

Monique Villa was formerly managing director of Reuters Media. She is a business leader with broad international media industry experience and a strong record of success in launching high profile initiatives and growing revenues. Ms. Villa is also chairman of Action Images, a specialist sports photography agency acquired by Reuters in September 2005.

Ms. Villa joined Reuters in 2000 and has since then been managing the picture and text news business for the Reuters News Agency. Ms. Villa has been instrumental in transforming the picture business and negotiated important deals for Media and Editorial, including the recent partnership with the International Herald Tribune to jointly produce their print and online business pages.

Prior to joining Reuters, Ms. Villa was with Agence France Presse (AFP) where she held a number of senior journalistic and management positions. As a correspondent with AFP she reported for a number of years from Paris and Rome, became deputy head of its political news service, then Bureau Chief for UK and Ireland, based in London. In 1996, she became director of strategy and business development at the headquarters in Paris, with responsibility for AFP's major partnerships worldwide.

Ms. Villa studied Law and Political Science and has a Diploma from the Paris Centre de Formation Des Journalistes.

CONTACTS
Fred Hawrysh
Global Director, Corporate Affairs
1.203 539 8314
fred.hawrysh@thomsonreuters.com
Victoria Brough
Head of Corporate Communications, EMEA
+44 (0) 207 542 8762
victoria.brough@thomsonreuters.com
Frank DeMaria
Global Director, Media Relations
1.646 223 5507
frank.demaria@thomsonreuters.com

SOURCE Thomson Reuters
NOTE TO EDITORS: Photos available by request.
CONTACT: Fred Hawrysh,
Global Director, Corporate Affairs,
+1-203-539-8314, fred.hawrysh@thomsonreuters.com;
Victoria Brough, Head of Corporate Communications, EMEA,
+44 (0) 207 542 8762, victoria.brough@thomsonreuters.com;
Frank DeMaria,
Global Director, Media Relations,
+1-646-223-5507, frank.demaria@thomsonreuters.com;
all of Thomson Reuters
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AP Archive: http://photoarchive.ap.org
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Web site: http://ww.thomsonreuters.com
http://www.alertnet.org
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http://www.thomsonreuters.com/about/corp_responsibilitycommunity / (TRI TRIN TRI.)

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