About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Stop Press: Glocer Out as Thomson Reuters Swoops to Flatten Organisation

Subscribe to our newsletter

Just when you thought it was safe, and Thomson Reuters had seen the worst of the organisational turmoil that has beset it since the departure of Markets CEO Devin Wenig in the summer, the company has announced the new, flatter organisation it will adopt on January 1. There is no place for CEO Tom Glocer, who is retiring.

Taking his place is James C. Smith, recently appointed chief operating officer of Thomson Reuters, who takes on a new structure that finally subsumes Reuters into the Thomson organisation. Gone are the Enterprise and the recently formed Financial Professionals & Markets business units.

In their place, the former Thomson Reuters Markets – created by the merger of Thomson Financial and Reuters – will become the Financial & Risk group, headed by David Craig, most recently head of Thomson Reuters’ Governance, Risk & Compliance group and before that chief strategy officer.

Craig is one of five direct reports to Smith. The others are: Mike Suchsland, president, Legal; Chris Kibarian, president, Intellectual Property & Science; Brian Peccarelli, president, Tax & Accounting; and, intriguingly, Shanker Ramamurthy, who’ll head a new Global Growth Organization as president.

Also reporting to Smith is, among others, former Enterprise head Jon Robson. Robson’s remit is to lead a new business development office. Presumably, this and Ramamurthy’s Global Growth Organization will span the entirety of Thomson Reuters’ scope of activities and not focus merely on financial markets.

Whether this latest organisational move is the last, and whether it will spark yet more change internally, clearly remains to be seen.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Risks and Opportunities of GenAI, Data Products Under the Microscope: DMS London Preview

Artificial intelligence has made it possible to extract critical data from unstructured sources at speed and at scale. But the headlong rush to adopt the sorts of tools that can mine this rich vein of information is exposing organisations to new risks. Generative AI, whose models are commonly applied to trawling PDFs, emails, financial reports...

EVENT

Eagle Alpha Alternative Data Conference, London, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...