Thomson Reuters Names New CFO for May 8 Transition; 111 Capital Buys $2M Stake
Mike Eastwood will retire as Thomson Reuters CFO on May 8, 2026, and transition to Chairman of the Thomson Reuters Foundation while advising CEO Steve Hasker. 111 Capital purchased 13,001 Thomson Reuters shares worth about $2.019 million in the third quarter.
1. CFO Retirement and Transition
Mike Eastwood will retire as CFO on May 8, 2026 and assume the role of Chairman of the Thomson Reuters Foundation, succeeding Jim Smith. He will continue to support the company as advisor to CEO Steve Hasker and will join the first quarter earnings call on May 5 ahead of the transition.
2. Incoming CFO Profile
Gary E. Bischoping Jr. will join Thomson Reuters on April 13, 2026 and officially succeed as CFO on May 8, 2026. He brings over 30 years of global finance leadership experience, most recently as a Partner at Hellman & Friedman leading its Finance Center of Excellence, with prior CFO roles at Finastra and Varian Medical Systems and 17 years in senior finance positions at Dell Technologies.
3. 111 Capital Share Acquisition
Investment firm 111 Capital acquired 13,001 shares of Thomson Reuters in the third quarter, representing an approximate $2.019 million position. This new stake indicates growing institutional interest in the company’s content and technology offerings for legal, tax, audit and compliance professionals.