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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| London Stock Exchange Group Plc | LSE:LSE | London | Ordinary Share | GB00B0SWJX34 | ORD SHS 6 79/86P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 8,620.00 | 8,602.00 | 8,606.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMLSE
RNS Number : 0463U
London Stock Exchange Group PLC
19 October 2017
London Stock Exchange Group plc
19 October 2017
This announcement contains inside information
Xavier Rolet to leave London Stock Exchange Group by the end of December 2018
As Xavier Rolet approaches nine years of extraordinary success, London Stock Exchange Group (LSEG) announces that he will leave the Group by the end of December 2018.
Under Xavier's leadership, LSEG has built a clear and successful strategy and a strong management team, resulting in an increase in the Group's market capitalisation from GBP800 million to almost GBP14 billion today.
The Board is now initiating a process to find a successor and will work closely with Xavier to ensure a smooth transition process as the Group continues to execute on its successful growth strategy, based on the enduring principles of Open Access and partnership with customers.
Xavier Rolet, CEO London Stock Exchange Group said:
"I am extremely proud of all we have done together in just under a decade to turn LSEG into a truly global financial market infrastructure group.
"By adhering to our core values of partnership, innovation, open access and integrity, we have shown the hugely positive contribution capitalism can make to all of society.
"But even the most transformational global strategy could not be possible without a dogged and professional focus on execution and I continue to be in the debt of all my friends and colleagues at LSEG who have made and continue to make it happen.
"I would also like to thank the Board and our shareholders for supporting this strategy. Establishing relevance and leadership in a consolidating global industry cannot be achieved without taking certain risks and making bold moves.
"I look forward to getting on with the business of ensuring an orderly transition as we continue to deliver on our strategy and financial targets."
Donald Brydon, Chairman of London Stock Exchange Group said:
"There will be many opportunities ahead to celebrate Xavier's remarkable achievements. Under his leadership, LSEG has been transformed in scale to become a truly diversified and international leader in financial markets infrastructure. I am delighted that Xavier will remain as CEO and continue to lead the company until his successor is appointed. LSEG remains well positioned for the opportunities ahead and remains confident of delivering further success and value for shareholders."
Further information is available from:
London Stock Exchange Group Lucie Holloway/Ramesh +44 (0) 20 7797 plc Chhabra - Media 1222 Paul Froud - Investor +44 (0) 20 7797 Relations 3322
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUKSVRBRARARA
(END) Dow Jones Newswires
October 19, 2017 02:00 ET (06:00 GMT)
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