Martin Abbott
 |
 |
|---|
 |
 |
|---|
| Martin Abbott | |
| |
| Occupation | CEO |
|---|---|
| Employer | London Metal Exchange |
| Location | London |
| Website | www.lme.com |
Martin Abbott is the chief executive officer of the London Metal Exchange, assuming the role on October 2, 2006.[1]
Background
Abbott succeeded Simon Heale, bringing more than 20 years of experience to the LME, where he worked as marketing director from 1990-1993. He rejoined the exchange from Metal Bulletin, where he was publisher and editor-in-chief of its Metals, Minerals and Mining Division of Metal Bulletin.
He also worked for LME Ring-dealing members AMT (1998-2000) and Sogemin (1993-1997), starting his career as a trainee reporter before moving to his first spell at Metal Bulletin (1984-1988) and then McGraw-Hill (1988-1990).
Abbott was responsible for launching steel futures contracts at the LME in April 2008.[2] In September 2011, the LME began considering buyout suitors. Abbott issued a statement in October 2011 that an LME deal would not likely be reached until the end of the second quarter in 2012.[3][4]
In January 2012, Abbott came under fire for hiked trading fees at the LME. He ultimately defended the exchange's increase.[5]
A feature story was published on Feb. 15, 2012 regarding Abbott's history with the LME and the exchange's deadline for ownership bids.[6]
Education
Abbott studied at Leicester University in the UK.
References
- ↑ Martin Abbott joins the LME as chief executive. LME.
- ↑ Martin Abbott steels himself for challenge at London Metal Exchange. The Times.
- ↑ LME deal not seen before the end of the second quarter: CEO. Reuters.
- ↑ London Metal Exchange CEO Talks Bids (Video). CNBC.
- ↑ LME chief rebuffs calls on trading fee rise. Financial Times.
- ↑ Coal Miner Turns Dealmaker at London Metal Exchange: Commodities. Bloomberg.
