He replaces Don Cruickshank, and will take a massive salary cut in his new role.
A former managing director at BP, Gibson-Smith earned a package in the region of £2.8m, but can expect a salary of £250,000 for his two-day-a-week non-executive role.
Prior to his appointment to the LSE, Gibson-Smith was chairman of Nats, the air traffic control service.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements