American who oversaw two data leaks at Experian to chair the London Stock Exchange
- Don Robert will join the London Stock Exchange in January
City & Finance Reporter for the Daily Mail
The boss who supervised two data leaks at the rating agency Experian has been appointed chairman of the London Stock Exchange.
Don Robert, an American, will join in January.
While the 59-year-old Experian ran, it suffered from hacks that exposed customer data in 2015 and 2017.
Working history: While the 59-year-old Don Robert piloted Experian, it suffered from hacks that exposed customer data in 2015 and 2017
He also had to deal with a large-scale uprising of the shareholders about his move from president to chairman.
However, the share price fell below his mandate.
It comes a year after the departure of President Donald Brydon in a fierce public spit with rebel investor Sir Chris Hohn about the departure of Xavier Rolet, then chief executive of the LSE.
Brydon eventually agreed that he would resign in 2019.
Robert's appointment means that both top figures of the LSE are American – former banker David Schwimmer was appointed chief executive this year.
The shares rose by 0.3 percent or 10p to 4040p.