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London Stock Exchange appoints Manz as CFO

Thu, 25th Jun 2020 07:39

LONDON, June 25 (Reuters) - The London Stock Exchange on
Thursday said it had appointed Anna Manz as chief financial
officer from November, when the exchange hopes it will have
obtained approval for its $27 billion takeover of data and
analytics company Refinitiv.

Manz, currently CFO and executive director of Johnson
Matthey, succeeds David Warren, who said last year he
would retire from the group.

The LSE will know in October if the European Commission will
approve its Refinitiv deal, and whether it will need to sell
parts of the business to get the green light. Refinitiv is
45%-owned by Thomson Reuters, which owns Reuters News.

Manz will report to LSE Group CEO David Schwimmer and also
be a member of the board.

"I look forward to working with David and the entire team to
deliver further value, including the benefits of the proposed
transaction with Refinitiv," Manz said.

Warren will step down as CFO when Manz starts but remain
with the group until his retirement date of June 24, 2021, to
ensure a seamless transition, the exchange said in a statement.

Earlier this week, Nikhil Rathi, head of the exchange's UK
arm, was appointed CEO of Britain's Financial Conduct Authority,
triggering further changes in the LSE's top ranks.

(Reporting by Huw Jones; editing by Jason Neely)

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