Twelve years later, the company acquired London-based Reuters Group
PLC, an international news and financial service agency, for $17.2 billion.
Following a difficult decade that's traced the ups and down of global finance, as well as upheaval in traditional media, Thomson is tearing apart the merger of Thomson Corp and Reuters Group
that he orchestrated only a decade ago.
Glocer served as CEO of Thomson Reuters Corporation from 2008 through 2011 and as CEO of Reuters Group
PLC from 2001 to 2008.
Thomson Reuters is the midst of a turnaround after Thomson Corp's $17bn acquisition of Reuters Group
. The 2008 merger coincided with a financial crisis that prompted banks, which are core customers of Thomson Reuters, to slash costs and cut staff.
Mr Grigson was formerly chief financial officer of Reuters Group
plc and before that of EMAP plc.
In 2005, Tarun was invited by the Reuters Group
CEO Thomas Glocer to join the Reuters Innovation and Venture Board to spearhead and foster investments into employee innovations across the globe.
combined with Reuters Group
PLC in the spring of 2008.
Another Thomson Reuters group
, which tabulates publications in the indexed journals and how often they are cited, uses the database to assess research activity and performance by field, over time, and on the part of nations, institutions, and individuals.
He was previously chief executive of shipping giant P&O Nedlloyd and chief operating officer at Reuters Group
The Islamic finance industry would touch the $2 trillion mark in three to ive years, said Rushdi Siddiqui, Global head of Islamic Finance, at Thomson Reuters Group
. "Given that it took the industry almost 40 years to get to the $1 trillion mark, it is a pretty impressive growth pattern but only as long as it is based on a solid foundation, is asset backed and is linked to real, economic assets," Siddiqui told the press media.