The London Stock Exchange Group (LSEG plc, the “Group”) 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.

Don Robert commented: “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.

Don Robert’s fee as a Non-Executive Director will be £75,000 per annum. When he succeeds Donald Brydon as Chairman, his fee will be £525,000.

To date Don Roberts serves as Chairman of Experian plc.  He is also a Non-Executive Director, Court of Directors, Bank of England.  He is Chairman Achilles Group Ltd. and Chairman of Validis Holdings Ltd.