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London Stock Exchange eyes bumper pay rise for CEO David Schwimmer

Executive pay debate rumbles on at the top of the City

Schwimmer could be in line for £11m if shareholders agree
Schwimmer could be in line for £11m if shareholders agree Photo: Emily Macinnes/Getty Images

London Stock Exchange Group boss David Schwimmer could nearly double his maximum pay in new proposals being floated to shareholders, according to reports.

Investors are being consulted on new pay proposals that could bump Schwimmer's remuneration from £6.25m to around £11m, Sky News reported.

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