London Stock Exchange Group (LSEG) announced yesterday that David Craig, Group Head, Data & Analytics and CEO of Refinitiv, will leave the Group at the end of 2021. Earlier this year, LSEG completed the acquisition of Refinitiv and mentioned that the integration is underway.
According to an official announcement, LSEG has appointed Andrea Remyn Stone as Group Head of Data and Analytics. The appointment of Stone will take effect from 1 July 2021. Stone is currently serving as the Chief Product Officer at LSEG.
LSEG mentioned that Craig will work closely with Stone for a smooth transition in the coming months. Craig will be a part of the Group in an advisory capacity until the end of 2021.
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Commenting on the recent changes, David Schwimmer, Chief Executive Officer at LSEG, said: “I want to thank David for his partnership in driving the acquisition to completion and his valuable contribution to the integration, which is progressing at pace. I am delighted we have a world-class executive of Andrea’s caliber to further develop our data, analytics and index capabilities. With credit to David, he took a long-term view when he first recruited Andrea. Her appointment reflects the leadership bench strength in place across LSEG and our emphasis on developing strong talent.”
Craig is an industry veteran with more than three decades of experience. Craig has been serving as Founding CEO and Board Member of Refinitiv since 2018. In addition, he is a part of the Banking Industry Governors Board by the World Economic Forum.
“From the original separation out of Thomson Reuters to completing the sale of Refinitiv earlier this year, I am enormously proud of everything we have achieved and the potential for the business as part of LSEG. Now, with the integration firmly on track and a strong performance in our first quarter as a combined business, I will support Andrea with the leadership transition we have been preparing for,” Craig mentioned in the official announcement.