Shakeup at Thomson Reuters

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Big changes in store for Thomson Reuters: The news agency announced that at the end of the year Chief Executive Officer Thomas H. Glocer will retire after 10 years at the helm of the organization. Stepping into the position will be James C. Smith, who is currently the chief operating officer. Smith has been with the Thomson Newspaper group since 1987. He’s led the Thomson Newspapers in the U.S. and began his career as a journalist.