Thomson Reuters Bolsters Board of Directors with Two Veteran Execs

Ed Clark and Barry Salzberg have joined Thomson Reuters' Board of Directors, following several decades of combined experience.

Thomson Reuters (NYSE: TRI) has secured the services of two new executives to its Board of Directors, adding Ed Clark and Barry Salzberg, whose appointments are tendered with immediate effect, according to a Thomson Reuters statement.

Mr. Clark joins Thomson Reuters Board of Directors with a wealth of experience spanning many years. He previously served as Group President and Chief Executive Officer of TD Bank Group between 2002 and 2014, his tenure ending with his retirement from the group.

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Currently, he is the acting Chair of the Advisory Board for the School of Public Policy and Governance at the University of Toronto. Mr. Clark is also a special adviser to the Woodbridge Company Limited, and is a principal shareholder of Thomson Reuters. He has now been appointed to the Thomson Reuters Board’s Human Resources Committee.

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Mr. Salzberg has additionally worked as the Global Chief Executive Officer of Deloitte Touche Tohmatsu Limited between 2011 and 2015, when he retired and relinquished his position. He had been a mainstay at Deloitte dating back to 1977 and worked over the past few decades in such roles as Chief Executive Officer (CEO) and Managing Partner of the firm’s U.S. operations. In his latest move, Mr. Salzberg has been added to the Thomson Reuters Board’s Audit Committee.

According to David Thomson, Chairman of Thomson Reuters, in a recent statement on the appointments: “Ed and Barry are inspired leaders and innovators who have successfully led multi-billion dollar firms through periods of significant growth. The development of talent and an emphasis upon succession were hallmarks of their nature and success.

Their collective experience in financial services, tax and accounting, and legal industries coupled with an understanding of our customers in those markets will stimulate our board and the company. All of us welcome their participation in our journey,” he added.

Thomson Reuters recently made headlines after it released its foreign exchange (FX) trading figures for the month ending August 2015. The trading volumes across the company’s Matching and FXall trading platforms witnessed a notable uptick, rising on both a monthly and an annual basis.

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