TRI News & Events

Thomson Reuters announced that Mike Eastwood, CFO, will retire from the role following a planned transition. Eastwood will become Chairman of the Board of the Thomson Reuters Foundation, succeeding Jim Smith, who previously served as President and CEO of Thomson Reuters. Eastwood will also continue to support the company as advisor to President and CEO, Steve Hasker. Gary Bischoping, Jr., will join the company on April 13, and will succeed Eastwood as CFO on May 8. Bischoping brings more than 30 years of global finance leadership experience. His most recent role was as a Partner at Hellman & Friedman, where he led the firm's Finance Center of Excellence.

Thomson Reuters announced that it plans to repurchase up to $600M of its common shares under an amended normal course issuer bid that has been approved by the Toronto Stock Exchange and that it plans to return $605M to shareholders through a return of capital transaction. Shares will be repurchased for the new $600M repurchase program under an amended NCIB. The amended NCIB, which has been accepted by the TSX, will become effective on February 27.