Rolet reaps rewards but LSE profit falls
The LSE's annual report, released yesterday, listed Rolet's bonus as 1m and his basic compensation as 650,000. The basic was up from 540,000, but it was the bonus that was sharply higher.
Rolet has undertaken a number of projects, including the acquisition of software firm Millennium IT and a controlling stake in trading facility Turquoise, as well as chopping fees and staff and negotiating lower post-trade costs.
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Hide AdThe LSE's remuneration committee also approved a big rise in compensation for chief financial officer Doug Webb, who earned 330,000 in 2009 and an equal amount as a bonus. He also got 500,000 of performance shares.