NEW YORK, Oct. 14 /CNW/ -- Thomson Reuters (NYSE: TRI; TSX: TRI; LSE:
TRIL; Nasdaq: TRIN), the world's leading source of intelligent information for
businesses and professionals, today announced the appointment of Manvinder
Singh (Vindi) Banga (53) to its Board of Directors effective on January 1,
(Logo: http://www.newscom.com/cgi-bin/prnh/20080424/NYTH069LOGO )
Mr. Banga, who is based in London, is the President of the Foods, Home
and Personal Care business for Unilever PLC and one of the seven member
Unilever executive committee reporting to the CEO.
David Thomson, chairman of the Thomson Reuters Board, said, "I am
delighted to welcome Vindi to Thomson Reuters, with his wealth of experience
in developing and emerging markets. During his career, he has worked in
global, regional and national roles in London, Singapore and Mumbai. He has
deep knowledge of Asian business which will prove invaluable as Thomson
Reuters looks to capitalize further on opportunities in that region."
Thomson Reuters also announced that Dick Olver will retire from the Board
at the end of this year.
"I would like to thank Dick Olver for his long commitment to Reuters and
the continuity he has been providing as we move through the important Thomson
Reuters integration. His contributions are highly valued by the Board," said
Mr. Banga joins the Board of Thomson Reuters as a non-executive director.
Other than as disclosed in this news release, there are no other matters
required by Listing Rule 9.6.13R to be disclosed in relation to Mr. Banga.
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information
for businesses and professionals. We combine industry expertise with
innovative technology to deliver critical information to leading decision
makers in the financial, legal, tax and accounting, scientific, healthcare and
media markets, powered by the world's most trusted news organization. With
headquarters in New York and major operations in London and Eagan, Minnesota,
Thomson Reuters employs more than 50,000 people in 93 countries. Thomson
Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto
Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq
(Nasdaq: TRIN). For more information, go to www.thomsonreuters.com.
Notes to Editors:
About Manvinder Singh (Vindi) Banga
Vindi Banga is President of the Foods, Home and Personal Care business
for Unilever and is one of the seven member Unilever Executive Committee
reporting to the CEO. While President for Unilever's Home and Personal Care
business in Asia, Mr. Banga was based in Singapore covering South Asia through
South East Asia, China to North East Asia and Australasia.
Mr. Banga previously was Chairman and Managing Director of Hindustan
Unilever Ltd in India from 2000 to 2005. Hindustan Unilever is one of
Unilever's largest operating companies. Before that, he was Unilever's global
SVP for Hair Care and Oral Care based in London. Mr. Banga also held various
other general management positions in Unilever and began his career with the
company in Sales and Marketing in 1977. Additionally, he served as a director
on the Board of Unilever Nepal Ltd from 2000 to 2005.
Mr. Banga is a member of the Prime Minister of India's Council on Trade &
Industry, and a director on the Board of Maruti Suzuki India Ltd, India's
largest car company. He is on the Wharton Asia and International Board, the
Board of Governors of Indian Institute of Management, Ahmedabad, and the
Supervisory Board of the Indian School of Business (ISB), Hyderabad; and he
was on the India Advisory Panel to International Enterprise, Ministry of Trade
and Industry, Singapore. He is a charter member of the TIE (The Indus
Entrepreneurs) and a member of the WPO (World Presidents Organisation).
He is a gold medalist from both the Indian Institute of Technology (IIT),
Delhi, where he completed his Bachelor of Technology in Mechanical Engineering
degree in 1975; and the IIM Ahmedabad, where he completed a post graduation
program in Management in 1977.
About Richard (Dick) L. Olver
Richard Olver has been a director of Thomson Reuters since April 2008,
and previously was a director of Reuters Group PLC beginning in 1997.
Mr. Olver is chairman of BAE Systems PLC, a global defense and aerospace
company. Mr. Olver was deputy group chief executive of BP PLC until 2004. He
was also chief executive officer of BP's Exploration and Production Division
between 1998 and 2002.
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