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London, Dec 12, 2011 - (ACN Newswire) - Thomson Reuters Founders Share Company today announced that it has appointed Lord Malloch-Brown, Chairman of Europe, Middle East & Africa, FTI Consulting Inc. to join its Board.
Previously, Lord Malloch-Brown served as Minister of State in the Foreign and Commonwealth Office of the British government with responsibility for Africa, Asia and the United Nations. He has also served as United Nations Deputy Secretary-General, Administrator of the United Nations Development Programme, Vice President of External Affairs at the World Bank and founded the Economist Development Report. Additionally, Lord Malloch-Brown worked as a journalist at the Economist and as a political consultant. He holds a first class honours degree in history from Magdalene College, Cambridge and a master's degree in political science from the University of Michigan.
Lord Malloch-Brown was knighted for his international service and made a Life Peer and Privy Counsellor when he joined the UK Cabinet in 2007. He remains a member of the House of Lords.
He is Chair of the Royal Africa Society, Trustee of the Shell Foundation and a member of the Boards of the International Crisis Group, the Open Society Foundation, Save the Children International, the Centre for Global Development and the Children's Investment Fund Foundation.
The Directors of the Founders Share Company act as Trustees of the Thomson Reuters Trust Principles (the "Principles"). These are applied to the entire Thomson Reuters business and govern the way in which Thomson Reuters carries out business throughout the world.
"Lord Malloch-Brown is most welcome as a Director and Trustee. He has a wealth of international experience, not least in prominent positions in the United Nations and in world-class NGOs. His background as a journalist is an element that is appreciated in a company such as ours." said Pehr Gyllenhammar, chairman of the Founders Share Company's Board.
"A free press is as important a guarantee of an open society as any. As media freedom faces new challenges of technology and economics as well as the enduring ones of editorial standards and securing free speech, the Thomson Reuters Trust Principles look more relevant than ever. I am proud to have this opportunity to support them," added Lord Malloch-Brown.
The constitution of Thomson Reuters Corporation (the ultimate parent company of the Thomson Reuters Group) includes provisions to safeguard the Principles. Thomson Reuters has issued the Founders Share Company with a single Founders Share which enables it to restrict any shareholder action which threatens the Principles.
About Thomson Reuters
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, healthcare and science 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 55,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, go to www.thomsonreuters.com .
Contact
David Crundwell
Head of Corporate Affairs, EMEA & Asia
+44 (0)20 7375 8763
david.crundwell@thomsonreuters.com
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
Copyright (c) Thomson Reuters 2011. All rights reserved.
Topic: Press release summary
Source: Thomson Reuters
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