Sarah Dunn, a former vice-president of marketing at Reuters America, was only appointed to the role in September following the move by the global news and information group to reorganise its operations into four principal customer segments of which Corporates & Media was one. The other three were Asset Management, Investment Banking and Brokerage & Treasury.
Dunn joined Reuters in 1986 and transferred to Reuters America in 1995 where, in addition to her marketing role, she held a number of positions including executive vice-president of global accounts. In 2000, Dunn was named CEO of Reuters' Lipper subsidiary.
Dunn is the highest profile Reuters executive to lose her job in the current round of job cuts, which were part of the company's attempt to cut costs by £100m and hit its profit targets.
The redundancies come on top of 2,100 job cuts from Reuters' worldwide staff of 19,000, announced in April.
At the time, Reuters said the cuts would come primarily in senior and middle management ranks, as it said it wanted to increase the speed of decision-making and reduce complexity by removing layers of management.
However, it was not thought that the newly installed Dunn was in danger of losing her job.
The Corporates & Media division is a £450m business, which includes the Factiva joint venture initiative with Dow Jones.
It provides news to more than 1,000 websites, servicing 80m unique visitors a month, as well as video coverage to 20 of the top 25 broadcast and cable channels in USA, UK, Germany and Japan.
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