Home StocksWorld London bourse CEO Xavier Rolet to step down by 2018-end

London bourse CEO Xavier Rolet to step down by 2018-end

by Yomna Yasser

London Stock Exchange Group Plc said Thursday that its chief executive Xavier Rolet will depart the bourse operator by the end of December 2018, just under a decade after he took the helm at the firm.

LSE said it would start looking for his successor now. The group also reported a 17 percent rise in third-quarter total income to 486 million pounds ($641 million), as its clearing and FTSE Russell businesses grew strongly.

Source: Reuters

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