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LSE CEO Rolet to step down by end of 2018

Xavier Rolet
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Xavier Rolet

London Stock Exchange Group Plc said on Thursday that its Chief Executive Officer Xavier Rolet will leave 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.