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LSE group names new chair

London Stock Exchange Group PLC named a new nonexecutive director, who will go on to become chairman of the company in May 2019.

Donald Robert was appointed nonexecutive director of the board, effective January 1, 2019. He will replace Donald Brydon as chairman of the U.K. exchange group at the annual general meeting on May 1, 2019.

Brydon's departure was announced in October 2017 following a controversial boardroom dispute over the tenure of former CEO Xavier Rolet.

Robert currently serves as chairman of Irish credit data company Experian PLC. He will step down from the post and as a director at the later of the conclusion of the company's annual general meeting in July 2019, or when a successor is in place, Experian said in a statement.