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Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC; TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced that it has formed a new research group responsible for coordinating research activities and media outreach and support across a wide range of world-class Thomson Financial content sets. Michael Thompson will join the company on March 15, 2004 as its director of research to lead these efforts across the organization, and will report to Sarah Dunn, chief content officer and executive vice president, Thomson Financial.
In his new role, Mr. Thompson will lead a group of experienced researchers who already work within Thomson Financial, including Craig Columbus who monitors corporate insider trading and governance issues, Jesse Reyes who focuses on the private equity and venture markets, and Richard Peterson who covers deals activity for the SDC content sets.
As part of these changes, Chuck Hill, director of research for First Call, will be leaving Thomson Financial. Joe Cooper, Thomson Financial's manager of quantitative research will continue to run the research analyst team for earnings estimates and will report to Mr. Thompson.
"Chuck has been a valuable contributor in building the First Call franchise and we are grateful for his long association with Thomson. We wish him well in his future endeavors," said Sarah Dunn.
"Pulling together our leading experts under Mike marks our commitment to both customers and the media who use our data and rely on our leading analytical commentary," noted Ms. Dunn. "Together, this team of commentators brings added value to Thomson Financial's unique content and I look forward to working with our customers and the media to leverage their collective insight to its fullest potential."
"I am excited to be working with this exceptional group of research professionals within a first-class company," said Mike Thompson. "As a consolidated team, we are looking forward to providing the financial marketplace with innovative and insightful market observations that underscore the value of high quality data and robust analytics."
Mr. Thompson joins Thomson Financial from RiskMetrics Group where he served as the firm's market strategist. He is a regular contributor to the financial media. Prior to RiskMetrics Group, Mr. Thompson was co-president of BulldogResearch, a company he co-founded in 1999. Previous to that, he worked in private banking in Lehman Brothers' Private Client Services Group and J.P. Morgan Securities' Private Client Group. Thompson's career in finance began at Morgan Guaranty Trust, where he served as an analyst in the Commercial Finance Division.