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Detail on LSE chief’s pay plan
Morning Wire yesterday reported that the London Stock Exchange’s (LSE) new chief executive Xavier Rolet could earn £5.2m in his first year in the role.
The LSE has subsequently pointed out that Rolet could earn up to £2.3m this year through his base salary, benefits and bonus, if targets are exceeded.
Should he choose to participate fully, he could earn an additional £2.9m through shares invested in in a Long Term Investment Plan (LTIP), which will not vest for three years and are subject to performance targets.