Investor TCI wins shareholder assembly to seek ousting of London Stock Exchange Group chair Donald Brydon over his handling of Rolet’s departureThe London Stock Exchange has been forced to set out the rationale for the departure of chief executive,Xavier Rolet, citing his “operating style” and questions from shareholders about how long he intended to stay.
The exchange if the explanation in a 20-page circular setting the date for the shareholders’ assembly demanded by an activist investor which wants to oust the company’s chairmanover his handling of Rolet’s departure.
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Source: guardian.co.uk