London Stock Exchange Group PLC
17 January 2008
17 January 2008
CHANGE OF DIRECTORATE
London Stock Exchange Group plc is delighted to announce that Doug Webb has
agreed to join the company as its new Chief Financial Officer. He is expected to
join the Group Board as an Executive Director in May this year.
Doug is currently Chief Financial Officer at QinetiQ Group plc and one of its
two Executive Directors. He played a key role in QinetiQ's successful IPO two
years ago.
Doug's experience spans 25 years and includes a number of senior finance and
operational roles. Prior to QinetiQ, where he will have been for five years,
Doug spent eight years working for Logica (now LogicaCMG), latterly as Regional
Finance Director for Continental Europe, the Middle East and Africa. His time at
Logica also included six years in its US subsidiary holding various roles
including Chief Financial Officer, Executive Vice President Telecoms Division
and Chief Operating Officer. Before Logica, he spent 12 years with Price
Waterhouse (now PwC).
Chris Gibson-Smith, Chairman of London Stock Exchange Group, commented:
'We are delighted that Doug has agreed to take up the position of Chief
Financial Officer at the enlarged London Stock Exchange Group. Doug brings with
him a wealth of financial, operational and international experience, gained
during a career working in senior positions for large multinational
organisations. We believe that Doug will be a real asset to the Group, ensuring
that it continues its record of financial leadership as it pursues its vision to
be the world's capital market.'
There are no other matters relating to the new director which would require
disclosure under Listing Rules 9.6.13R.
- Ends -
Contacts:
London Stock Exchange Patrick Humphris - Media +44 20 7797 1222
Alessandro Pavesi - Media +39 02 72426 211
Paul Froud - Investor Relations +44 20 7797 3322
Finsbury James Murgatroyd +44 20 7251 3801
Notes to Editors:
Career History:
2003 - date QinetiQ Group plc
2005 - date Chief Financial Officer
2003 - 2005 Group Financial Controller
1994 - 2003 Logica plc
2001 - 2003 Regional Finance Director
2000 - 2001 Sabbatical - BT Global Challenge round the world
yacht race, sailing on Logica
1995 - 2000 Executive Vice President and Chief Financial Officer/
Executive Vice President, Communications Division/
Chief Operating Officer - Logica USA
1994 - 1995 Group Financial Controller
1982 - 1994 Price Waterhouse
Various auditing and business advisory roles
Doug has a degree in Geography and Management Sciences from Cambridge University
and is a Fellow of the Institute of Chartered Accountants.
This information is provided by RNS
The company news service from the London Stock Exchange
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