David Craig, group head, data and analytics, and CEO at Refinitiv, who led the company through acquisition by the London Stock Exchange Group (LSEG) and is part of the integration of the organisations, will leave the group at the end of 2021. In the role of group head, data and analytics, he will be replaced by Andrea Remyn Stone, who will join LSEG on 1 July, 2021.
Before LSEG completed its acquisition of Refinitiv in January 2021, LSEG named Craig as one of the Refinitiv executives who would transition to the group in the role of group head, information services and CEO, Refinitiv. Remyn Stone joined Refinitiv as chief customer proposition officer in January 2020 from the role of chief strategy officer at Dealogic, and after the acquisition joined the LSEG executive committee in the role of chief product officer, data and analytics.
David Schwimmer, CEO at LSEG, said: “I want to thank David for his partnership in driving the acquisition to completion and his valuable contribution to the integration, which is progressing at pace. With credit to David, he took a long term view when he first recruited Andrea. Her appointment reflects the leadership strength in place across LSEG and our emphasis on developing strong talent.”
Craig has not announced a move within the industry and on leaving Refinitiv will continue to serve as co-chair of the HM Treasury/The City UK India-UK Financial Services Partnership, a member of the DIT Trade Advisory Group, and a founder member of the Sustainable Markets Initiative. He is also a board member of several charities.
He comments: “It has been a privilege to lead change and innovation in the Refinitiv business for the past nine and a half years. I am humbled by the commitment and hard work of our people and partnership with the financial industry throughout this time, especially during the COVID-19 crisis. From the original separation out of Thomson Reuters to completing the sale of Refinitiv earlier this year, I am enormously proud of everything we have achieved and the potential for the business as part of LSEG.”