Rashbass to leave Economist for Thomson Reuters

LONDON: Andrew Rashbass, chief executive of The Economist Group, is leaving the company to take a newly created news and media business leadership role at Thomson Reuters.

LONDON: Andrew Rashbass, chief executive of The Economist Group, is leaving the company to take a newly created news and media business leadership role at Thomson Reuters.

Rashbass will serve as Reuters chief executive starting this summer. He has served as group chief executive of The Economist since 2008. Rashbass spent 15 years at the company in a number of roles, including MD of Economist.com and publisher of The Economist.

“[Rashbass'] track record as CEO of The Economist Group speaks for itself. He brings to us a rare blend of commercial acumen, sensitivity to the best traditions of quality journalism, and editorial integrity. And he has a proven ability to build and lead great global business teams,” said Thomson Reuters CEO James Smith.

“I am excited to be joining Reuters with its unmatched commitment to reporting with speed, accuracy, integrity, and independence,” Rashbass said. “Because they are essential to Reuters journalism, these characteristics can also drive huge commercial success.”

This article first appeared on the website of MediaWeek, the sister publication of PRWeek at Haymarket Media.

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