Thomson Reuters Corporation (TRI:CA) J.P. Morgan 2025 Ultimate Services Investor Conference November 18, 2025 11:00 AM EST
Company Participants
Stephen Hasker – President, CEO & Director
Michael Eastwood – Chief Financial Officer
Gary Bisbee – Head of Investor Relations
Conference Call Participants
Andrew Steinerman – JPMorgan Chase & Co, Research Division
Presentation
Andrew Steinerman
JPMorgan Chase & Co, Research Division
All right. I think that’s a go time here. You’re on the info services track of the Ultimate Services Investor Conference, our primer, the info services data book, which we’ve been updating quarterly since 2013 is up here. You can take it on your way out.
This is the Thomson Reuters discussion. With me today is Steve Hasker, CEO; CFO, Mike Eastwood; and IR, Gary Bisbee. I’m going to be asking a series of questions. We’re together for about 30 minutes. I’m going to ask something like 20, 25 minutes of questions and then ask for your questions.
Question-and-Answer Session
Andrew Steinerman
JPMorgan Chase & Co, Research Division
I would say the biggest remarkable thing in — since you took over as CEO has been the product road map. The product road map is just incredibly picked up. It’s not just generative AI, but currently, lots of the enablement is generative AI.
My question is, how do you know if you’re doing enough product innovation? And talk specifically about your agentic products in Legal and Tax, and how client adoption has been?
Stephen Hasker
President, CEO & Director
Yes. Thanks, Andrew. Thanks for having us. Just quickly. We’re joined today by our Chairman, David Thomson. We have a Board meeting here in New York this afternoon and tomorrow. So welcome to David and also the CFO of our Corporate Business, Erin Brown, here.
So how do we know if the product










