Article 5FNMR London Stock Exchange boss's pay nearly tripled after Refinitiv takeover

London Stock Exchange boss's pay nearly tripled after Refinitiv takeover

by
Rupert Neate Wealth correspondent
from US news | The Guardian on (#5FNMR)

David Schwimmer got a base salary of 800,000, a 1.4m bonus and 4.3m in long-term bonus shares

The boss of the London Stock Exchange Group almost tripled his pay to 6.9m last year after the company's $27bn (19.5bn) takeover of financial data provider Refinitiv led to a surge in LSE's share price.

David Schwimmer, a US banker who has been chief executive of LSE since 2018, was paid a base salary of 800,000, a 1.4m bonus, plus 4.3m in long-term bonus shares, according to the company's annual report published on Monday.

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