Shake-up in Thomson Reuters Legal’s executive suite as parent company downsizes

In a shake-up of Thomson Reuters Legal executive suite, TR Legal’s president Susan Taylor Martin is out at the end of this month, and Brian Peccarelli, president of Tax & Accounting, and Neil Materson, EVP and chief transformation officer, have been appointed Co-COOs. These changes are taking place in the context of TRI’s “plans to de-layer the business and reduce its cost base to reflect a smaller organization when it closes the sale of a 55% interest in its Financial & Risk business to private equity funds managed by Blackstone (expected in the second half of 2018).” Here’s the press release.

H/T to this LawSites post. — Joe

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