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London Stock Exchange Group: Chris Corrado Appointed Group COO And Group CIO

Date 11/11/2015

London Stock Exchange Group (LSEG) today announces that it has appointed Chris Corrado as Group Chief Operating Officer (COO) and Group Chief Information Officer (CIO). He will also be a member of the LSEG Executive Committee. He will be based in London and joins the Group, effective from today.

Mr. Corrado joins the Group from MSCI, where he has been a Managing Director, responsible for technology, data services and program management, CIO/CTO, since 2013. Chris brings to the Group more than thirty years of global experience in managing technology platforms and transformational change in the financial services industry. Prior to joining MSCI, Chris held a variety of senior CTO roles in leading banks, including Morgan Stanley, Deutsche Bank, Merrill Lynch and UBS. He has also worked for high growth technology companies as CTO at eBay, CIO at AT&T Wireless, and SVP of Technology, Strategic Initiatives and Business Architecture at Asurion, the mobile technology protection company. He began his career at IBM. He graduated with a B.S. in Management Information Systems & Business Administration from the University of New York at Albany.

Xavier Rolet, CEO, LSEG, said:

"I’m confident the Group will benefit from Chris’ deep experience as we continue to diversify our business and grow our global footprint. Our technology platform provides resilient, high-speed trading platforms, real time market data, clearing and settlement systems, among a broad range of infrastructure products and services – not only to our own markets, but to a wide range of global customers, including banks, specialist trading firms and more than 40 exchanges and trading venues around the world."

Antoine Shagoury, Group COO, Group CIO and member of the LSEG Executive Committee, informed LSEG of his decision to leave the Group before the end of the year in order to reunite with his family in the United States.

Xavier Rolet, CEO, LSEG, said:

"I’d like to extend my warmest sincere thanks to Antoine for his leadership and outstanding contribution to the Group over the past five years. Antoine has identified a strong successor and developed a deep bench of talent to carry on his legacy. We wish Antoine all the best in his future career."

Mr. Shagoury joined LSEG in 2010 as Group CIO and a member of the Executive Committee. Through his leadership, the Group has modernised and strengthened the resiliency of the Technology and Operations that underpins not only the markets that LSEG operates, but all of its businesses globally. In 2012, Mr. Shagoury took on the additional role as Group Chief Operating Officer, adding Business Operations to his management portfolio. In that role, he has been integral to the integration of the Group’s most complex acquisitions, including FTSE, LCH.Clearnet Group and Russell Investments’ index business.