London Stock Exchange Group PLC Directorate Change (5749K)
December 14 2018 - 8:43AM
UK Regulatory
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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END
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