London Stock Exchange Group PLC Directorate Change (5749K)

TIDMLSE

RNS Number : 5749K

London Stock Exchange Group PLC

14 December 2018

14 December 2018

LSEG announces appointment of Donald Robert as a Non-Executive Director and then to succeed Donald Brydon as Chairman after 2019 AGM

London Stock Exchange Group (LSEG plc, the "Group") today announced the appointment of Donald (Don) Robert as a Non-Executive Director of the Board of LSEG, as of 1 January 2019. He will succeed Donald Brydon as Chairman of LSEG after the conclusion of the Annual General Meeting on 1 May 2019.

Paul Heiden, Senior Independent Director and Chair of the Nomination Committee for the Chairman search, said:

"We undertook a comprehensive global search to identify an individual to succeed Donald Brydon as Chairman. We are very pleased that Don Robert will join the Board and become Chairman of the Group next year. Don brings a strong track record in the global financial services sector and a deep understanding of technology, data and analytics that will greatly benefit our business as we continue to adapt to regulatory and technological change. He also brings to the Board significant FTSE 100 experience as a Chairman, Senior Independent and Non-Executive Director.

"On behalf of the Board, I would like to warmly thank Donald Brydon for his strong leadership over the past four years, successfully navigating the Group through a period of transformational growth and significant macroeconomic, political and regulatory change. The Group has benefitted tremendously from his vast experience throughout this period. We wish him all the very best for the future when he steps down in May next year."

Donald Brydon, Chairman, LSEG said:

"I am delighted to welcome Don to the Group and I look forward to working with him over the next few months until he assumes the role of Chairman.

"It has been a privilege to serve as Chairman of the Group. The Group plays a unique role both in London and globally, facilitating capital formation and investment, as well as contributing to financial stability through its risk management business. I am confident the executive team led by CEO David Schwimmer will benefit from Don's leadership as the Group further develops in the years ahead."

Don Robert said:

"It is a great honour to be asked to serve as Chairman of London Stock Exchange Group, an iconic institution with a 300-year history at the heart of global financial markets. I join a Group that is performing well, and I look forward to working with the Board and the executive team led by David Schwimmer to continue to develop the business for the future."

There are no other matters relating to the new director which would require disclosure under Listing Rules 9.6.13R.

Notes to Editors:

Remuneration

Don Robert's fee as a Non-Executive Director will be GBP75,000 per annum. When he succeeds Donald Brydon as Chairman, his fee will be GBP525,000.

Biography

Current Non-Executive Roles

   2014 - to date                 Chairman, Experian plc 
   2014 - to date                 Non-Executive Director, Court of Directors, Bank of England 
   2015 - to date                 Chairman, Achilles Group Ltd 
   2015 - to date                 Chairman, Validis Holdings Ltd 

Previous Non-Executive roles

   2009 - 2018                    Compass Group 
   2015 - 2018                    Senior Independent Director 
   2009 - 2015                    Non-Executive Director 
   2003 - 2009                    First Advantage Corp 

Non-Executive Director

Previous Executive Roles

   2001 - to date                Experian 
   2006 - 2014                    Group CEO, Experian plc 
   2005 - 2006                    CEO, Experian Group 
   2002 - 2005                    CEO, North America 
   2001 - 2002                    President, Information Solutions, North America 
   1995 - 2001                    First American Corp 
   1992 - 1995                    CredCo Inc. 
   1977 - 1992                    US Bank Corp 

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December 14, 2018 09:43 ET (14:43 GMT)