Manz will take on the new role in November, and Warren will step down as CFO.
The London Stock Exchange Group (LSEG) announced this Thursday that it will soon have a new Chief Financial Officer (CFO), with Anna Manz to assume the position on the 21st of November 2020, as well as joining as a member of the Board.
As the CFO, Manz will be reporting to LSEG’s CEO, David Schwimmer, and she succeeds David Warren, who announced back in October of last year that he would be retiring and, therefore, stepping down from the Board by the end of this year.
Upon Manz taking on the role of CFO, Warren will step down as CFO and Executive Director, but he will remain on with the Group until his retirement date of the 24th of June 2021.
Manz will be joining LSEG from Johnson Matthey plc, where she is currently the CFO and Executive Director. Before her current role, she spent 7 years at Diageo plc. During this time, she had held a number of senior finance roles, with her most recent being the Chief Strategy Officer and a member of the Executive Committee. Manz is currently a Non-Executive Director at ITV plc.
Commenting on the changes, David Schwimmer, CEO, LSEG said in the statement: "We are delighted to welcome Anna to the Group. She brings deep financial and leadership experience from her career at major UK listed companies, driving strategic change and delivering value to shareholders, customers and other stakeholders.
“She will play a central role as the Group continues to develop and grow. I'd like to thank David Warren for his many contributions over a transformational eight year period. His leadership, partnership approach and professionalism will be missed."
Manz to receive £650K salary at LSEG
As the CFO, LSEG disclosed that Manz will receive a salary of £650,000 and a pension allowance of 10 per cent of salary. Furthermore, she will be eligible to participate in the Group's existing annual bonus plan with a target of 100 per cent of salary.
As part of the company’s Remuneration Policy, this bonus has a maximum opportunity of 200 per cent of salary, with 50 per cent of any bonus deferred into shares for a period of 3 years.
"I'm delighted to join London Stock Exchange Group, a growing and dynamic business at the heart of international financial markets. I look forward to working with David and the entire team to deliver further value, including the benefits of the proposed transaction with Refinitiv," added Manz in the statement.
The London Stock Exchange Group (LSEG) announced this Thursday that it will soon have a new Chief Financial Officer (CFO), with Anna Manz to assume the position on the 21st of November 2020, as well as joining as a member of the Board.
As the CFO, Manz will be reporting to LSEG’s CEO, David Schwimmer, and she succeeds David Warren, who announced back in October of last year that he would be retiring and, therefore, stepping down from the Board by the end of this year.
Upon Manz taking on the role of CFO, Warren will step down as CFO and Executive Director, but he will remain on with the Group until his retirement date of the 24th of June 2021.
Manz will be joining LSEG from Johnson Matthey plc, where she is currently the CFO and Executive Director. Before her current role, she spent 7 years at Diageo plc. During this time, she had held a number of senior finance roles, with her most recent being the Chief Strategy Officer and a member of the Executive Committee. Manz is currently a Non-Executive Director at ITV plc.
Commenting on the changes, David Schwimmer, CEO, LSEG said in the statement: "We are delighted to welcome Anna to the Group. She brings deep financial and leadership experience from her career at major UK listed companies, driving strategic change and delivering value to shareholders, customers and other stakeholders.
“She will play a central role as the Group continues to develop and grow. I'd like to thank David Warren for his many contributions over a transformational eight year period. His leadership, partnership approach and professionalism will be missed."
Manz to receive £650K salary at LSEG
As the CFO, LSEG disclosed that Manz will receive a salary of £650,000 and a pension allowance of 10 per cent of salary. Furthermore, she will be eligible to participate in the Group's existing annual bonus plan with a target of 100 per cent of salary.
As part of the company’s Remuneration Policy, this bonus has a maximum opportunity of 200 per cent of salary, with 50 per cent of any bonus deferred into shares for a period of 3 years.
"I'm delighted to join London Stock Exchange Group, a growing and dynamic business at the heart of international financial markets. I look forward to working with David and the entire team to deliver further value, including the benefits of the proposed transaction with Refinitiv," added Manz in the statement.
Noel Quinn's Surprise Exit Marks End of an Era at HSBC
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
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#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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