Thomson Reuters appoints ex-Gannett CEO as Reuters News President

Thomson Reuters Corp (TRI.TO) has named Paul Bascobert as President of Reuters News, turning to a tech and media veteran to drive growth at the 171-year-old news organization. Paul, 58, is a former CEO of US print giant Gannett Co Inc (GCI.N), which owns USA Today. He also has held senior positions at Bloomberg LP, where he ran the business operations of its consumer arm Bloomberg Media, and at Dow Jones, where he was the chief marketing officer and launched new products and improved its subscription strategy.

Most recently, Bascobert was the CEO of media and ad techfocused Blue Ocean Acquisition Corp, a Special Purpose Acquisition Company (SPAC) which raised nearly $190 million in an initial public offering in December.