Wicks wins Reuters corporate role

News and financial information group Reuters has put the former managing director of its national division Geoff Wicks into the new role of director, corporate relations.

News and financial information group Reuters has put the former

managing director of its national division Geoff Wicks into the new role

of director, corporate relations.



Wicks, 47, succeeds Michael Cooling, formerly group IR manager and head

of corporate relations, who is due to retire in September.



Both Reuters director, media relations, Peter Thomas, and Andrew Waller,

director of corporate communications, will continue in their roles

reporting to Wicks.



Wicks said he would be replacing Cooling on the IR side but he is

currently reviewing the structure of the group.



The aim is to put the three elements: media relations, internal

communications and IR, together under Wick’s directorship to give a more

’co-ordinated’ approach.



This is the first time Wicks has had a PR role. During 19 years with the

company he has held various sales, marketing and management roles.



For the last two and a half years he has been managing director of the

national division - one of three in Reuters’ UK business - where he was

responsible for some 350 staff handling accounts based in the UK.



Describing the change as a ’jolly good career move’, Wicks said that

after ten years working for divisions of the company he was keen to move

to the head office.



Based in London, Reuters provides a range of news and financial

information services and sells software for analysing bonds, currencies,

futures, options and stocks. This week it announced the launch of a new

trading product for the foreign exchange forwards markets called Dealing

2000-2.



The company’s shares have lagged the FTSE 100 index by 30 per cent.

First quarter revenue for 1997 was hit by the strong pound, turning an

underlying eight per cent increase into a two per cent decline to pounds

713 million.



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