Bombshell vote to sack London Stock Exchange chairman Donald Brydon to go ahead this month after top investor refuses to back down



A bombshell vote to sack London Stock Exchange chairman Donald Brydon will go ahead this month after a top investor refused to back down.
Billionaire hedge fund boss Sir Chris Hohn blames Brydon for forcing out the LSE’s chief executive Xavier Rolet.
The investor has used his 5 per cent stake in the business to demand a shareholder vote on removing the chairman.
His decision to forge ahead has shocked insiders, who thought the campaign was dead after Rolet said there were no circumstances in which he would return to run the business.
Brydon also said he will leave in 2019, in a move widely... read more

 
30 November 2017 in Business, Views: 61
Source: Daily Mail
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