UK: STOCK EXCHANGE CHIEF EXECUTIVE RESIGNS

Article Abstract:

Chief executive of the London Stock Exchange, Gavin Casey, has resigned after his position became untenable. Despite being re-elected by the narrowest of margins at the AGM he was not prepared to go on after a large protest vote against him. Chairman Don Cruickshank will assume his responsibilities until a replacement is found. Potential candidates already suggested include Hugh Freedberg, chief executive of Liffe, and Ed Warner, chief executive of Old Mutual Securities.

Debt & Equity Securities

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UK: NEW STOCK EXCHANGE CEO TO COME FROM ABROAD?

Article Abstract:

Vacant since September 2000, there has been difficulty in filling the position of the chief executive of the London Stock Exchange due to the high turnover of the position in the past. The Exchange is prepared to recruit overseas if necessary.

Brief Article

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Furse starts City's 'most interesting job' on 600,000 pounds sterling

Article Abstract:

The first task facing new London Stock Exchange Chief Executive Clara Furse will be to complete the demutualization programme started in Mar 2000. She will receive a pay and incentive deal worth 600,000 pounds sterling a year.

Securities Exchanges, Stock exchanges, Appointments, resignations and dismissals, Furse, Clara Hedwig Frances

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