Tom Glocer doesn't do breakfast because he prefers to take his daughter to school and he doesn't rewrite journalists' copy as so many Reuters bosses before him have done. For this alone, American Glocer is tolerated within Reuters for wielding the sword rather than the pen in his efforts to sharpen and turn around the news-to-financial data provider, which has stopped haemorrhaging cash after a couple of bloody years.
Glocer drives his daughter to school in a Mercedes, the marque he thinks best describes his bitter rival, Bloomberg â trading on past glory, a little flashy and arrogant. So it is just as well he's changing soon to an Audi, dull but worthy. By contrast, he likens Reuters to a BMW: excellent basic structure, which can be adapted to different needs.