Refinitiv’s chief executive David Craig is to step away from his role at the London Stock Exchange Group at the end of this year.

Craig currently serves as the London bourse operator’s group head of data and analytics. He will be replaced by Andrea Remyn Stone, LSEG’s chief product officer as of 1 July, and remain with the firm as an adviser until the end of the year. LSEG purchased Refinitiv following a $27bn all-stock deal in 2019, though the process took two years to complete amid regulatory scrutiny and pandemic-driven delays.