NEW YORK (Reuters) - Thomson Reuters Corp. appointed journalist winner of awards Pulitzer and former Dow Jones Newswires President Paul Ingrassia in the new position of Deputy Editor in Chief, one of four recruits introduced restructuring its news operations.
The appointments were announced Tuesday after a 60 day review by the editor-in-Chief, Stephen Adler, which aims to raise the profile of the press agency of 160 years, streamline the decision-making process and better exploit the resources of the company created by the resumption of Reuters by Thomson $ 16 billion in 2008.
Adler, who took the work of top journalist at Reuters in February, has unveiled a new management team made up almost entirely of new faces, including a number of former students of the Wall Street Journal.
Ingrassia was once an aspiring to run the newspaper, before News Corp's Rupert Murdoch acquired the paper and its parent Dow Jones. Adler himself worked in the newspaper for 16 years, during which he led the reporters to win three Pulitzer Prize, the highest distinction in American journalism.
Stuart Karle, former General Counsel of the magazine, will also join Thomson Reuters as chief operating officer the news section, a new position.
Reginald Chua, former editor in Chief of the South China Morning Post and the Asian Wall Street Journal, will become Publisher of data.
Jim Gaines, an editor for a long time to Time Warner at Time Inc., will leave his position as editor-in-Chief of the daily, digital paper to Murdoch for tablet computers, to join Thomson Reuters as the editor of ethics.
"We have to be such a speed, precision, relevance and equity, but also - and critical - in business, insight, analysis and originality," Adler said in a press release.
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Thomson Reuters, with rivals such as Bloomberg LP and Dow Jones, have invested in news gathering and analysis in recent years, newspapers and other traditional media organizations reduce.
More effectively in competition requires removing the layers of bureaucracy to streamline the decision-making process, said Adler.
Under the new structure, to be headed by Ingrassia journalism is separated from the operations, such as the management of budgets, which will be supervised by Karle.
Adler "news is central to what we do, stated in its original Office in Times Square, sitting beside a white table with 60 days struck out with slashes to signify the end of its comprehensive review." "" "I think that this structure allows to focus on some of the great journalism."
In the effort of Adler "tame the bureaucracy and clarify lines of authority", the reorganization eliminates roles such as publishers of specialist who oversaw coverage of areas such as economic and political and General news and business.
Betty Wong, a veteran of 21 years and global editor-in-Chief, will leave Thomson Reuters.
New recruits are part of a management team based in New York which includes also the Chrystia Freeland, editor in Chief of Thomson Reuters digital, who joined the company in year last by the Financial Times; Amy Stevens, editor in Chief of the professional of the press, who has been Chief Editor Assistant page of the journal; and Adrian Dickson, world editor for the editorials products. Hugo Dixon continued as editor of Breakingviews and will remain in London.
Adler joined Thomson Reuters in 2010, after leaving the position to BusinessWeek magazine.
"My only goal will be to make us the number one news provider in the world", Adler wrote a memo to employees.
"I am in favour of everything which contributes to lead us there and against all hampering".
On the white table next to the counter Adler, Tuesday is marked as zero-day.
(Edited by Tiffany Wu and Ted Kerr)
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