Jim Smith (business executive)

Last updated
Jim Smith
Born1959 (age 64–65)
Carlisle, Kentucky, US
Alma mater Marshall University
Occupation(s)Business executive, journalist
Employer Thomson Reuters
Board member of Atlantic Council
Pfizer, Inc.
WEF Partnering Against Corruption Initiative
Website Corporate biography

James C. Smith (born 1959) is an American business executive. [1] He started his career as a journalist and editor, [2] joined Thomson Newspapers in 1987 [3] and subsequently held management positions such as head of Thomson Newspapers in North America [4] and chief operating officer (COO) of the Thomson Corporation. [5] After being CEO of Thomson Reuters' professional division, [6] [7] Thomson Reuters named him COO in 2011 [7] and CEO in January 2012. [8] In February 2020, Steve Hasker succeeded Smith as President and CEO of Thomson Reuters. Involved with initiatives such as the international business council of the World Economic Forum, he is also on the board of Pfizer. [9]

Contents

Early life and education

James C. Smith was born in 1959 [1] in Carlisle, Kentucky, where he spent his youth. [10] Attending Marshall University in Huntington, West Virginia on a football scholarship, [3] [10] he was active in student affairs before graduating magna cum laude [10] in 1981 [3] with a bachelor's degree. [9] In 2017, the university awarded him an honorary doctorate. [10]

Career

Early in his career Smith worked as a journalist [10] [1] [7] [4] for small newspapers [11] such as the Carlisle Mercury, where he was both a reporter and an editor. [2] He was the managing editor of the Charleston Daily Mail when it was acquired by Thomson Newspapers in 1987, [3] at which point Smith joined the Thomson newspaper group. [1] [7] [4] He initially held several staff and operating positions, after which he was made responsible for Thomson Newspapers' operations in North America. [4] According to Reuters , while he was the head of the unit in the United States, Thomson Newspapers became "one of the first media companies to shift away from the declining newspaper business to focus on electronic publishing." [1]

After the company sold its newspaper business in 2000, Smith moved to the Thomson Corporation's [4] professional publishing side. With responsibility for "a number of businesses serving the legal, regulatory and academic markets," [10] in December 2001 he became Thomson's executive vice president of human resources and administration. He then became the company's executive VP of development and corporate affairs in January 2002, and in April 2005 he was appointed president and chief executive officer (CEO) [9] of Thomson Corporation's academic publishing division. [4] Smith subsequently was Thomson's chief operating officer (COO). [5]

Thomson Reuters COO and CEO

After the formation of Thomson Reuters in April 2008, [7] Smith was named president and CEO of the combined company's professional division, [9] [7] [6] which sells tax, legal, and accounting products. [1] [4] Smith was then made COO of Thomson Reuters Corporation [5] [6] [4] in late September 2011 [7] [12] as "part of a move by the company to overhaul the structure of the group." [4] On January 1, 2012, Smith became CEO [8] [4] [9] [13] and president of Thomson Reuters. Smith was succeeded by Steve Hasker as Thomson Reuters' President and CEO in February 2020. [14]

Memberships

Smith is on the international business council of the World Economic Forum and the international advisory boards of the British American Business Council and the Atlantic Council. [10] [9] A director of Pfizer, Inc. since June 26, 2014, [15] [9] he is also on the boards of the World Economic Forum's Partnering Against Corruption Initiative [9] and the Brazil-U.S. Business Council. [10] [9]

Personal life

He lives in Toronto, Ontario, Canada [16] [17] with his wife Pam Kushmerick. [10] He has four sons. [10] [18]

He was inducted into the Marshall University College of Business Hall of Fame in 2014, [3] and he delivered the keynote address for Marshall University's commencement ceremony in 2017. [10]

See also

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References

  1. 1 2 3 4 5 6 Saba, Jennifer (December 1, 2011). "Smithreplaces Glocer as Thomson Reuters CEO". Reuters . London, England, United Kingdom. Retrieved September 29, 2017.
  2. 1 2 Moos, Julie (December 2, 2011). "New Thomson Reuters CEO started his career as a journalist". Poynter . St. Petersburg, Florida, United States. Retrieved September 29, 2017.
  3. 1 2 3 4 5 Pierson, Lacie (May 6, 2014). "Four inducted into business hall of fame". The Herald-Dispatch . Huntington, West Virginia, United States. Retrieved September 29, 2017.
  4. 1 2 3 4 5 6 7 8 9 10 Farrell, Sean (December 3, 2011). "Breaking news: A new man at Reuters helm" . The Independent . London, England, United Kingdom. Archived from the original on 2022-06-08. Retrieved September 29, 2017.
  5. 1 2 3 Adams, Russell (December 5, 2011). "The Power Shifts at Thomson". The Wall Street Journal . New York City, United States. Retrieved September 29, 2017.
  6. 1 2 3 Adams, Russell; Peers, Martin (December 2, 2011). "Thomson Reuters Replaces Its CEO". The Wall Street Journal . New York City, United States. Retrieved September 29, 2017.
  7. 1 2 3 4 5 6 7 Saba, Jennifer (September 28, 2011). "UPDATE 6-Thomson Reuters appoints COO in another reorg". Reuters . London, England, United Kingdom. Retrieved September 29, 2017.
  8. 1 2 Saba, Jennifer (December 1, 2011). "Thomson Reuters appoints new CEO". Reuters . London, England, United Kingdom. Retrieved September 29, 2017.
  9. 1 2 3 4 5 6 7 8 9 James C. Smith. "James C. Smith: Executive Profile & Biography". Bloomberg. Retrieved 2017-06-20.
  10. 1 2 3 4 5 6 7 8 9 10 11 "James C. Smith, Thomson Reuters CEO and Marshall grad, to deliver commencement speech to undergraduates May 11". Marshall University . Huntington, West Virginia, United States. April 23, 2017. Retrieved 2017-06-20.
  11. ↑ "Former Daily Mail managing editor appointed chief of Thomson Reuters". Charleston Gazette-Mail . Charleston, West Virginia, United States. December 3, 2011. Retrieved September 29, 2017.
  12. ↑ Saba, Jennifer (September 28, 2011). "Thomson Reuters appoints COO in another reorganization". Reuters . London, England, United Kingdom. Retrieved September 29, 2017.
  13. ↑ "Executive Team". Thomson Reuters.
  14. ↑ Bradshaw, James (October 13, 2015). "Thomson Reuters launches Waterloo innovation lab". The Globe and Mail . Toronto, Ontario, Canada. Retrieved September 29, 2017.
  15. ↑ "James C. Smith Elected to Pfizer's Board of Directors - Pfizer: One of the world's premier biopharmaceutical companies". www.pfizer.com.
  16. ↑ Toonkel, Jessica (October 7, 2016). "Thomson Reuters CEO to move to Toronto, launches tech center". Reuters . London, England, United Kingdom. Retrieved September 29, 2017.
  17. ↑ Ellis, Paige. "Thomson Reuters CEO relocating to Toronto 'to be close to the scene of the action'". Business News Network (BNN). Toronto, Ontario, Canada. Retrieved September 29, 2017.
  18. ↑ "Son of Thomson Reuters CEO James Smith dies suddenly". The Ridgefield Press . Ridgefield, Connecticut, United States. July 15, 2015. Retrieved September 29, 2017.
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