The London Stock Exchange has appointed David Schwimmer as CEO.
Schwimmer will begin his role in August 2018 and will be a member of the board of directors.
David Warren, interim CEO and group CFO, will continue as group CFO and a member of the board.
Schwimmer has spent more than 20 years at Goldman Sachs in various roles. Most recently, he served as global head of market structure and global head of metals and mining in investment banking.
Schwimmer began his career at Goldman Sachs in the financial institutions group, focusing on market structure, brokerage and trading. He also served as chief of staff to then president and COO, Lloyd Blankfein, and spent three years in Moscow as co-head of Goldman Sachs’s business for Russia/Commonwealth of Independent States.
Donald Brydon, chairman of LSEG, commented: “I am delighted to announce David Schwimmer’s appointment after what has been a comprehensive global search conducted by the board.”
He added: “Schwimmer is a leader with great experience in the financial market infrastructure sector, which he has been closely involved in throughout his investment banking career, as well as capital markets experience in both developed and emerging markets.”
Commenting on his new role, David Schwimmer said: “It is an honour and privilege to be asked to lead LSEG. It is both an iconic institution and a great business. Having worked with exchanges and other market infrastructure companies for much of the past 20 years, I have been impressed by its strong track record of partnering with customers to deliver innovative solutions.”
He added: “I look forward to working alongside the group’s highly capable management team to continue to deliver value for its customers, employees and shareholders.”
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