03.11.2005 12:42:00
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Reuters Appoints Alexander Hungate Managing Director Reuters Asia
In this role he will lead the regional team responsible forReuters business activities in Asia. He will be managing annualrevenues of about GBP 420 million and 3,600 staff across more than 19countries in the Asian region.
Most recently, in his role of Chief Marketing Officer for theReuters Group, Hungate completed a refocusing and reinvigoration ofthe brand and a transformation of marketing capabilities at Reuters.Before becoming Chief Marketing Officer, Hungate was President ofFocus Group Accounts, responsible for sales to the largest customersworldwide. Prior to this, he was Co-Chief Executive Officer of ReutersAmerica with joint responsibility for Reuters business in theAmericas. He joined Reuters in 1993 and worked at Reuters New Media inNew York in the early days of the World Wide Web.
Before joining Reuters in 1993, Hungate worked on strategyprojects at Booz Allen & Hamilton in Europe, Asia and the UnitedStates, advising clients in the media and high technology industries.
Tom Glocer, Chief Executive Officer, Reuters Group, said: "Havingjust completed plans for accelerated growth in China and India, Alexis now well placed to drive the implementation of these plans and canquickly assume his broader responsibilities across Asia."
Hungate is based in Hong Kong and reports to Christopher Hagman,Managing Director of Global Sales and Service operations, Reuters.
Christopher Hagman said he was pleased that Alex with his globalexperience of managing strategic aspects of Reuters financial businessfor 12 years, is now in Asia running a rapidly changing and highgrowth region.
"He has shown that he can generate growth in his prior channelroles as Head of Focus Group Accounts and Co-Head of the Americas,"Hagman said.
Hungate graduated as a Baker Scholar from Harvard BusinessSchool's MBA program. He also holds a Masters Degree in Engineering,Economics & Management from Oxford University.
Note to editors:
About Reuters Reuters (www.about.reuters.com), the globalinformation company, provides indispensable information tailored forprofessionals in the financial services, media and corporate markets.Its trusted information drives decision making across the globe basedon a reputation for speed, accuracy and independence. Reuters has15,300 staff in 91 countries, including staff from the acquisition ofMoneyline Telerate in June 2005. It also includes 2,300 editorialstaff in 196 bureaux serving 129 countries, making Reuters the world'slargest international multimedia news agency. In the 2004 ReutersGroup revenues, including those of Instinet Group, were GBP 2.9billion. From July 2005, Instinet Group is being treated as adiscontinued operation in the profit and loss account.
Reuters and the sphere logo are the trade-marks of the Reutersgroup of companies
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