Thomson Reuters director to step down

Binet, 66, announced he plans to resign at the company’s next regularly scheduled board meeting in September, according to a company news release. No replacement has been named, meaning the board will have 13 members after his departure.

A lawyer by training, he joined Woodbridge, the Thomson family holding company and controlling shareholder of Thomson Reuters, in 1999. He became chief executive of Woodbridge in 2013, joining the Thomson Reuters board the same year.

“We have seen enormous change and growth in our business and are appreciative of all that David has done to help with those achievements,” said David Thomson, chairman of Thomson Reuters. “He has been a valuable contributor to the Board, and we will miss him in that capacity.” ■