Friday, October 01, 2004
Still More on Mike Sanderson
News Releases 12 May 1998
Reuters America bolsters Senior Management Team
ARCHIVED NEWS RELEASE NEW YORK--Reuters America Holdings Inc., the primary operating entity in the Americas of the international news and financial information company Reuters Group PLC (NASDAQ: RTRSY), announced today the appointment of Kenneth Marshall and Carolyn Chin to its senior management team effective immediately.
Chin, 50, joined Reuters in February as Executive Vice President and Chief Marketing Officer. She is responsible for marketing in Reuters America, including strategic and product marketing, brand management and promotion, marketing communications and media relations. Among her key priorities are the launch of a major Reuters branding campaign this Spring and the introduction of a new equities information product developed for the American market. Chin will also direct Reuters electronic commerce efforts to develop innovative information services using Internet technologies. Ms. Chin joined Reuters from IBM, where she was most recently Vice President of External Development and Strategic Projects in Corporate Strategy.
Marshall, 55, has been appointed Executive Vice President and Chief Administrative Officer with responsibility for risk, internal control and compliance. Marshall's goals include the streamlining of Reuters administrative processes and infrastructure, creating more efficient and effective systems to improve customer order processing, product delivery and service, and at the same time, strengthening Reuters internal control and compliance programs.
Additionally, he will work closely with other senior managers in the company to assess cost control and expense maintenance practices. He joins the company from Salomon Brothers, where he served as Salomon's Global Chief Administrative Officer since 1995 with responsibility for technology, operations, human resources and corporate services.
Both Marshall and Chin are members of the Reuters America Holdings Executive Committee and report directly to Michael Sanderson, Reuters America Chairman. Both are based in New York.
"This is an exciting year for Reuters, especially in the U.S. We're poised to become the major information player on the American scene with our outstanding breadth of content, technical innovation, the launch of our American equity product and our continued leading edge work with Internet products. The diverse backgrounds and experiences of these two talented executives will help us achieve our growth objectives in today's fast-moving business environment," said Sanderson.
Reuters Group PLC Chief Executive Peter Job added, "I am very confident that the addition of these two fine professionals to Michael Sanderson's first-class management team will significantly strengthen Reuters America and help position Reuters as the information industry's major player in the Americas, a top priority for the company."
At IBM, Ms. Chin was most recently responsible for developing new technologies into marketable products and advising senior management on key strategic issues. She had previously been IBM General Manager of Electronic Commerce Services with worldwide responsibilities for the development of electronic commerce products, services and solutions. Chin joined IBM in 1994 as Director Strategic Marketing and Development where she had primary business responsibility for the Information Superhighway initiative. Prior to her service
at IBM, Chin worked at Citicorp/Citibank for more than 10 years in various roles, including Vice President at the Citibank Private Bank and Vice President of Strategic Planning/Business Development at Quotron Systems Inc., Citicorp's major information business. At Citibank, she played a key role in the formation of, and served on the board of, EJV Partners (a fixed income consortium) and the launch of its foreign exchange trading products. She also worked for AT&T, Macy's and for the U.S. Departments of Health and Education and Welfare (HEW) and Housing and Urban Development (HUD). Chin is a graduate of Rensselaer Polytechnic Institute and Harvard Business School.
Marshall joined Salomon Brothers in 1993 as a Managing Director, where he was charged with developing a state-of-the-art internal audit function. Previously, he had been a senior partner at Coopers & Lybrand, where he led that firm's financial services industry practice and handled a number of investment banking and capital markets accounts. Marshall became intimately involved in assisting clients with reengineering risk management structures and practices to address the increasing complexity of new products, rapid changes in technology and the internationalization of financial markets. Also, at Coopers, he established and led a successful controls management consulting practice. Marshall is a CPA and a graduate of Villanova University.
Reuters supplies the global business community and the news media with real-time financial data, transaction systems, information management systems, access to numerical and textual historical databases, news, graphics, photos and news video. Information is obtained from more than 270 exchanges and over-the-counter markets, from 4,800 subscribers who contribute data directly to Reuters and from a network of 2,036 journalists, photographers and cameramen. Some 435,000 clients access Reuters information. For more information about Reuters visit the company's home page on the Internet at www.reuters.com.
Reuters America bolsters Senior Management Team
ARCHIVED NEWS RELEASE NEW YORK--Reuters America Holdings Inc., the primary operating entity in the Americas of the international news and financial information company Reuters Group PLC (NASDAQ: RTRSY), announced today the appointment of Kenneth Marshall and Carolyn Chin to its senior management team effective immediately.
Chin, 50, joined Reuters in February as Executive Vice President and Chief Marketing Officer. She is responsible for marketing in Reuters America, including strategic and product marketing, brand management and promotion, marketing communications and media relations. Among her key priorities are the launch of a major Reuters branding campaign this Spring and the introduction of a new equities information product developed for the American market. Chin will also direct Reuters electronic commerce efforts to develop innovative information services using Internet technologies. Ms. Chin joined Reuters from IBM, where she was most recently Vice President of External Development and Strategic Projects in Corporate Strategy.
Marshall, 55, has been appointed Executive Vice President and Chief Administrative Officer with responsibility for risk, internal control and compliance. Marshall's goals include the streamlining of Reuters administrative processes and infrastructure, creating more efficient and effective systems to improve customer order processing, product delivery and service, and at the same time, strengthening Reuters internal control and compliance programs.
Additionally, he will work closely with other senior managers in the company to assess cost control and expense maintenance practices. He joins the company from Salomon Brothers, where he served as Salomon's Global Chief Administrative Officer since 1995 with responsibility for technology, operations, human resources and corporate services.
Both Marshall and Chin are members of the Reuters America Holdings Executive Committee and report directly to Michael Sanderson, Reuters America Chairman. Both are based in New York.
"This is an exciting year for Reuters, especially in the U.S. We're poised to become the major information player on the American scene with our outstanding breadth of content, technical innovation, the launch of our American equity product and our continued leading edge work with Internet products. The diverse backgrounds and experiences of these two talented executives will help us achieve our growth objectives in today's fast-moving business environment," said Sanderson.
Reuters Group PLC Chief Executive Peter Job added, "I am very confident that the addition of these two fine professionals to Michael Sanderson's first-class management team will significantly strengthen Reuters America and help position Reuters as the information industry's major player in the Americas, a top priority for the company."
At IBM, Ms. Chin was most recently responsible for developing new technologies into marketable products and advising senior management on key strategic issues. She had previously been IBM General Manager of Electronic Commerce Services with worldwide responsibilities for the development of electronic commerce products, services and solutions. Chin joined IBM in 1994 as Director Strategic Marketing and Development where she had primary business responsibility for the Information Superhighway initiative. Prior to her service
at IBM, Chin worked at Citicorp/Citibank for more than 10 years in various roles, including Vice President at the Citibank Private Bank and Vice President of Strategic Planning/Business Development at Quotron Systems Inc., Citicorp's major information business. At Citibank, she played a key role in the formation of, and served on the board of, EJV Partners (a fixed income consortium) and the launch of its foreign exchange trading products. She also worked for AT&T, Macy's and for the U.S. Departments of Health and Education and Welfare (HEW) and Housing and Urban Development (HUD). Chin is a graduate of Rensselaer Polytechnic Institute and Harvard Business School.
Marshall joined Salomon Brothers in 1993 as a Managing Director, where he was charged with developing a state-of-the-art internal audit function. Previously, he had been a senior partner at Coopers & Lybrand, where he led that firm's financial services industry practice and handled a number of investment banking and capital markets accounts. Marshall became intimately involved in assisting clients with reengineering risk management structures and practices to address the increasing complexity of new products, rapid changes in technology and the internationalization of financial markets. Also, at Coopers, he established and led a successful controls management consulting practice. Marshall is a CPA and a graduate of Villanova University.
Reuters supplies the global business community and the news media with real-time financial data, transaction systems, information management systems, access to numerical and textual historical databases, news, graphics, photos and news video. Information is obtained from more than 270 exchanges and over-the-counter markets, from 4,800 subscribers who contribute data directly to Reuters and from a network of 2,036 journalists, photographers and cameramen. Some 435,000 clients access Reuters information. For more information about Reuters visit the company's home page on the Internet at www.reuters.com.
# posted by Tom @ 6:54 AM 
