Connect with us

Hi, what are you looking for?

Bnreport Business News Report

Finance

LSE’s French boss Xavier Rolet says it’s time to go. But why?

Vocal Brexit critic will leave bourse by end of next year af..

Vocal Brexit critic will leave bourse by end of next year after a hugely successful decade at the helm

The London Stock Exchange would like everyone to know it will choose a successor to the chief executive, Xavier Rolet, in a smooth and orderly manner and, since the boss’s last lap of the track could extend until the end of next year, there will be “many opportunities” to celebrate his “remarkable achievements”. It’s nice to know there’ll be a knees-up, but it would be more useful to hear why Rolet has chosen to go.

Neither the company nor the man himself bothered to explain. We’re just supposed to assume that, with a decade or so on the clock, nothing could be more natural than quitting at the age of only 57. But, if a decade-and-out is somehow an unwritten rule for FTSE bosses, nobody has told Simon Wolfson (16 years at Next), Willie Walsh (12 at British Airways and parent IAG), let alone Sir Martin Sorrell (31 at WPP).

Continue reading…Original Article

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Politics

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae.

Tech

Enlarge/ You wouldn't really want to use Nvidia's ..

Finance

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Finance

Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora.

%d bloggers like this: