Thomson Reuters , 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.”
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.”
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 , the inception and creation of Aswat al Iraq 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.
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 ; and Nasdaq (NASDAQ:TRIN).