Sir John Kemp-Welch, Chairman of the Exchange since July 1994, said: "I am delighted that Don Cruickshank will be taking over as Chairman of the London Stock Exchange. His considerable experience in both the private and the public sectors will ensure that he brings a range and breadth of skills to the Exchange at an important time in its history."
Commenting on his appointment, Don Cruickshank said: "I am particularly pleased to be taking over as Chairman of the London Stock Exchange as it enters a new era as a fully commercial organisation. As one of the world's foremost stock exchanges, it is clear that London will be playing a leading role in the European and international developments that are already taking shape and I very much look forward to working with Gavin Casey and the management team on the exciting opportunities that lie ahead."
