Directorate Change

RNS Number : 9265X

London Stock Exchange Group PLC

17 January 2014

 



17 January 2014

LONDON STOCK EXCHANGE GROUP PLC

Non-Executive Directors Appointed to THE board of directors of London Stock Exchange group plc

London Stock Exchange Group plc (LSEG) today announces that Sherry Coutu and Joanna Shields will join the LSEG Board as Non-Executive Directors with immediate effect. 

These new appointments bring broad international management experience, and in particular, deep knowledge of the information technology sector, reflecting the Group's continued focus on delivering innovative technology solutions to its customers around the world, as well as its on-going commitment to supporting entrepreneurs and small and medium-sized businesses (SMEs) to find appropriate and sustainable financing solutions.

Chris Gibson-Smith, Chairman of LSEG, commented:

"We warmly welcome Sherry and Joanna to the Board of the London Stock Exchange Group.  They both bring strong track records as entrepreneurs, building businesses and delivering technology-based solutions to customers. Their experience will be of great value, as we drive our business forward, with a strong focus on partnering with our customers and delivering shareholder value.  I very much look forward to working with them."

Sherry Coutu CBE currently serves on the Boards of Cambridge University (Finance Board), Cambridge Assessment, Cambridge University Press, Raspberry Pi, and Artfinder. She also serves on the Advisory Boards of Linkedin.com, Care.com and a number of not-for-profit companies in the technology and education sectors.   As a former CEO, angel investor and consultant, Sherry possesses a deep understanding of the dynamics of both business to business and business to consumer businesses and has more than 20 years of experience leveraging technology to drive companies from their earliest entrepreneurial stages through to global expansion.

Joanna Shields OBE was appointed by the Prime Minister in October 2012 as Chairman and CEO of Tech City UK and Business Ambassador for digital industries.  Joanna has over twenty five years of experience building global technology businesses, including holding senior executive roles at Facebook, Aol and Google. She has led a number of high growth businesses in the technology sector to successful exits including Bebo and Veon.  In 2013, she created the UK government backed 'Future Fifty' acceleration programme to nurture and support high growth businesses in the UK. Joanna serves as a Non-Executive Director of TalkTalk Telecom Group Plc and as a member of Mayor Boris Johnson's London Smart Board. 

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

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For further information, please contact:

Gavin Sullivan	Press Office [phone] [e-mail]
Paul Froud	Investor Relations [phone]

NOTES TO EDITORS:

Sherry Coutu

Present Board Positions:

2012 to present         Non-Executive Director, Cambridge Temperature Concepts

2012 to present         Non-Executive Director, Raspberry Pi

2010 to present         Non-Executive Director, Artfinder

2010 to present         Non-Executive Director, Cambridge Assessment

2007 to present         Non-Executive Director, Cambridge University Press

2006 to present         External Non-Executive Director and Member of Finance Committee, Cambridge University

Previous Board positions:

2006-2010                 Trustee, NESTA National Endowment for Science, Technology & Arts

2006-2009                 Investor and Board Member, New Energy Finance

2001-2003                 Board Member, Jarvis Plc

1998-2007                 Board Member, Senior Independent Director, Chairman of Remuneration Committee and Member of Audit Committee, RM Plc

1995-2001                 Director, Interactive Investor International Plc,

(Founder, CEO & Chairman)

1994-1995                 ISI Emerging Markets, UK Managing Director

Previous Positions:

1988-1991                 Coopers & Lybrand, Consultant

1986-1988                 Accenture, Consultant

Education:

1993                           Harvard Business School, M.B.A.

1987                           London School of Economics, M.Sc., Economics

1986                           University of British Columbia, B.A.

Joanna Shields

Present Positions:

2013 to present         Non-Executive Director, TalkTalk Telecom Group Plc

                                    Trustee, The American School in London

                                    The Mayor of London's Smart Board

2012 to present         Chairman & CEO, Tech City UK

                                    UK Government's Business Ambassador for Digital Industries

Previous Board Positions:

2010-2012                 Trustee: Save the Children UK

2006-2009                 Trustee: NSPCC's There 4 Me/Childline

Previous Experience:

2010-2012                 Facebook, Inc

VP & Managing Director, EMEA

2007-2009                 Aol, Inc

2008-2010                 President, People Networks

2007-2008                 Bebo Inc.

President & CEO

2005-2007                 Google, Inc.

Managing Director, Syndication & Partnerships EMEA

2003-2005                 Decru, Inc.

VP & Managing Director, EMEA

2001-2003                 Realnetworks, Inc.

VP & Managing Director, Europe

1997-2001                 Veon, Inc.

CEO

1989-1997                 Electronics for Imaging (EFI), Inc

                                    Vice President, Production Systems Division

                                    Product Manager & Director OEM Business

1986-1989                 National Digital Corporation

                                    Marketing Manager

1984-1986                 Deloitte Haskins & Sells, National Affairs Office

                                    Research Analyst

Education:

1987                           George Washington University, M.B.A

1984                           Pennsylvania State University, Bachelor of Science

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) is a diversified international exchange Group that sits at the heart of the world's financial community. The Group can trace its history back to 1801.

The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and the pan-European equities platform, Turquoise. Through its markets, the Group offers international business, and investors, unrivalled access to Europe's capital markets.

Post trade and risk management services are a significant and growing part of the Group's business operations. LSEG operates CC&G, the Rome headquartered CCP and Monte Titoli, the significant European settlement business, selected as a first wave T2S participant. The Group is also a majority owner of leading multi-asset global CCP, LCH.Clearnet.

The Group offers its customers an extensive range of real-time and reference data products, including Sedol, UnaVista, Proquote and RNS. FTSE calculates thousands of unique indices that measure and benchmark markets and asset classes in more than 80 countries around the world.

London Stock Exchange Group is also a leading developer of high performance trading platforms and capital markets software. In addition to the Group's own markets, over 30 other organisations and exchanges around the world use the Group's MillenniumIT trading, surveillance and post trade technology.

Headquartered in London, United Kingdom with significant operations in Italy, France, North America and Sri Lanka, the Group employs approximately 2,800 people.

Further information on London Stock Exchange Group can be found at: www.lseg.com 

 

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