Reuters appoints next president

Paul Basobert joins from Blue Ocean Acquisition Corp.

Thomson Reuters has announced Paul Bascobert as the next president of Reuters.

Bascobert will lead the company’s news and media operations from New York. He joins from Blue Ocean Acquisition Corp, a special purpose acquisition company (SPAC), or blank-cheque company, “focused on media, marketplace and tech platform businesses”.

Prior to Blue Ocean, Bascobert was chief executive of local news giant Gannett from August 2019 until June 2020. Bascobert has also served as president of Businessweek, head of business operations for Bloomberg Media Group, and senior vice president of operations and subsequently chief marketing officer at Dow Jones.

Bascobert starts his new role in September.

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