Financial news and data company Thomson Reuters has named new leadership, tapping veteran media executive Steve Hasker as CEO and promoting Mike Eastwood, its head of corporate finance, to CFO
The moves are effective March 15, according to a company release. Hasker, who was president and chief operating officer of media industry tracking firm Nielsen before departing in 2017, takes over from James Smith, the current CEO and a more than 30-year veteran of the company.
Smith was named CEO in 2008 after the merger between the Reuters Group and Thomson Corp created one of the largest financial news operations in the world. Smith joined the Thomson Newspaper Group in 1987. In 2018, Thomson Reuters struck a deal to spin-off its financial and risk unit. Smith is slated to become chairman of the Thomson Reuters Foundation, the company’s charitable arm, the company said.
Eastwood takes over from outgoing CFO Stephane Bello, who has been in the post since 2012 after serving as finance chief of the company’s professional division for four years. Bello joined the Thomson Corporation in 2001 as senior vice president and treasurer. Bello is slated to oversee the company’s 45% stake in Refinitiv, the renamed financial and risk unit that is majority-owned by private-equity giant Blackstone.
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