He then became the company's executive VP of development and corporate affairs in January 2002, and in April 2005 he was appointed president and chief executive officer (CEO)[9] of Thomson Corporation's academic publishing division. The same thing is true with Merck and all the others. He also served as Reuters President, Chief Executive Officer, and on the Board of Director of Reuters since 2012 before retiring in 2020. Forward-Looking Statements of Pfizer Inc. In February 2020, Steve Hasker succeeded Smith as President and CEO of Thomson Reuters. Posts claiming Dr Anthony Fauci, director of the U.S. National Institute of Allergy and Infectious Diseases (NIAID), is part of Pfizer, the company that has developed one of the COVID-19 vaccines, are false. At the time, Hazel Baker, global head of user-generated content (UGC) newsgathering at Reuters, said in a statement: Trust, accuracy, and impartiality are at the heart of what Reuters does every day those values also drive our commitment to stopping the spread of misinformation., On June 28, 2021, Dr. Robert Malone, who has since been banned from Twitter, pointed out Reuters potential conflict of interest on the social media platform. At Pfizer, we promise to treat your data with respect and will not share your information with any third party. His positions in both global companies poses the question, is there a conflict of interest going on, as Reuters continues to defend Big Pharma and promote vaccines in the face of critics? Necessary cookies are absolutely essential for the website to function properly. Malone told The Defender, based on his research, most fact checkers dont have a background in science or health. Facebook posts with screenshots of it can be seen here , here . 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RFK, Jr. & Robert DeNiro Press Conference, Subscribe to The Defender's Top News of the Day, $40 billion international multimedia company, provider of financial information to businesses, governments and individuals worldwide, Worst Public Health Mistakes in History, Witness Tells COVID Pandemic Oversight Committee, CHD Calls for Congressional Investigation After New York City Places Problem Codes in Files of Unvaccinated Teachers, DOE Finds COVID Likely Emerged From Wuhan Lab, Sparks Congressional Investigation. Instead, when explaining its new mission, the worlds largest multimedia news provider reported its initiative was an extension of its current long and trusted history of media verification efforts. Our Standards: The Thomson Reuters Trust Principles. This category only includes cookies that ensures basic functionalities and security features of the website. Worse yet, Malone said, if the fact-checkers label posts by a physician, like himself, as disinformation, the fact-checkers claim potentially could be used as a justification for revoking a physicians license. Shu said Seagen was poised to grow in the next decade and has "a perfect profile for a takeout target," which could work well for Pfizer that expects to lose $17 billion in annual sales by 2030 due to patent expirations for top drugs, and as demand for its COVID products begins to decline. According to him and the reactions the posts provoked, it very much matters that Reuters has partnered with social media companies to call out what its fact-checkers determine is misinformation. Citing the lack of transparency and obvious journalistic conflict of interest, Malone explained: I was a little bit tongue and cheek with the question. Additionally, he serves on the International Advisory Boards of British American Business and the Atlantic Council. Unleashing the next wave of scientific innovations, Research and Business Development Partnerships, Susan The WEF was founded in 1973 by Klaus Schwab, an 82-year-old German economist who introduced the idea of stakeholder capitalism a model that positions private corporations as trustees of society. The WEF and its partners are part of a global agenda called The Great Reset that used the COVID pandemic to call for a reset of the global economy and a complete overhaul of the global populations way of life. [5] After serving as CEO of Thomson Reuters' professional division,[6][7] Thomson Reuters named him COO in 2011[7] and CEO in January 2012. In an interview last week with The Defender, Malone discussed his Twitter and LinkedIn posts why he made them, the reactions they elicited and why it matters that Reuters is partnering with social media companies to call out what its fact-checkers decide is misinformation., Malones Twitter and LinkedIn posts focused on TNI and its ties to Pfizer and Reuters. You consent to our cookies if you continue to use our website. A new report reveals that James C. Smith, the chairman and former Chief Executive Officer of Big Media giant Reuters is in fact a top investor and board member for Big Pharma's Pfizer, arguably the biggest COVID vaccine producer in the world today. Pfizer Inc. has announced the election of James C. Smith to its Board of Directors, effective immediately. You also have the option to opt-out of these cookies. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. We'll assume you're ok with this, but you can opt-out if you wish. Under the terms of its Charter, the Compensation Committee is directly responsible for establishing annual and long-term performance goals, and objectives for our elected officers. He is a member of several scientific organizations in the United States such as the National Academy of Sciences ( here ) and the National Academy of Medicine. (WEF) Partnering Against Corruption Initiative and the Forums International Business Council. As part of the transaction, Thomson Reuters sold a 55% majority stake in its financial and risk business one of the worlds largest providers of financial markets data and infrastructure to private equity funds managed by Blackstone, valuing the business at $20 billion. It goes beyond. [10][9], He lives in Toronto, Ontario, Canada[16][17] with his wife Pam Kushmerick. You can sign up for additional alert options at any time. However, when announcing its fact-checking partnerships with Facebook and Twitter, Reuters made no mention of this fact: The news organization has ties to Pfizer, World Economic Forum (WEF) and Trusted News Initiative (TNI), an industry collaboration of major news and global tech organizations whose stated mission is to combat spread of harmful vaccine disinformation., Reuters also failed to provide any criteria for how information would be defined as misinformation and did not disclose the qualifications of the people responsible for determining fact versus false or misleading misinformation., Physician kicked off LinkedIn for calling out Reuters ties to TNI, Pfizer, WEF. [4] Smith subsequently served as Thomson's chief operating officer (COO). #dontshootthemessenger. This website uses cookies to improve your experience. He also served as Reuters' President, Chief Executive Officer, and on the Board of Director of Reuters since 2012 before retiring in 2020. All quotes delayed a minimum of 15 minutes. EIN #26-0388604, 2016 - 2023 Children's Health Defense All Rights Reserved. "[1], After the company sold its newspaper business in 2000, Smith moved to the Thomson Corporation's[4] professional publishing side. Pfizer's Board of Directors implement policies to ensure ethical conduct for members of the leadership team. Unleashing the next wave of scientific innovations, Research and Business Development Partnerships. According to the National Pulse, Smith was elected to the Pfizer board in 2014 and joined the pharmaceutical companys Corporate Governance and Science and Technology Committees. From the onset of the pandemic, social media giants, including Facebook, Twitter and YouTube, have flagged COVID-related posts the social media giants deem false or misleading., Thats not news most social media users are aware of the practice, especially amid recent headlines citing increased pressure from Congress and the White House to aggressively crack down on vaccine misinformation.. The company was founded by Charles Pfizer Sr. and Charles Erhart in 1849 and is headquartered in New York, NY. We aim to seek a more collaborative approach to specific issues of importance to us and our industry. Download the Corporate Governance Principles and meet the current committees. Read more about our work to fact-check social media posts here . Pfizer, the Indian unit of US drugmaker on Thursday, announced that its Board has appointed Meenakshi Nevatia as an additional director and the managing Under the terms of its Charter, the Audit Committee meets at least 6 times a year, including periodic meetings held separately with management, the internal auditor, and the independent auditor. Felicianos press team did not immediately respond to a request for comment from Reuters. But as Malone pointed out, Reuters fact-checking initiative regularly fact-checks content pertaining to COVID vaccines including Pfizers vaccine even though Smith sits on Pfizers board while also serving as chairman of the Thomson Reuters Foundation. Pfizer Inc. and its German partner BioNTech SE have applied for emergency use authorization of their Omicron-adapted COVID-19 vaccine in the United States as a booster dose for children aged six months through four years, the companies said on Wednesday. In the tweet, Malone showed the LinkedIn profile of Jim Smith: Jim Smith, who sits on Pfizers board, is also former president and current chairman of the Thomson Reuters Foundation, and CEO and director of Reuters parent company, Thomson Reuters Corporation a $1.53 billion publicly traded provider of financial information to businesses, governments and individuals worldwide., Twitter didnt censor or remove the post. Promoters of The Great Reset frame the plan as sustainable development and stakeholder capitalism, but critics of the plan say it seeks to monitor and control the world through digital surveillance, is opposed to capitalism and free enterprise, and wants to replace free society with technocracy. Subscribe to The Defender - Its Free! The directors acted in good faith in 2019 when they fired Easterbrook . Performance & security by Cloudflare. Sign up for free news and updates from Robert F. 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