Xavier R. Rolet (born 12 November 1959) is a Franco-American businessman, a Harvard University Fellow,[1] a Yale University Center for Business and the Environment Board Member,[2] Managing Partner of Grayling Centennial LLC, Board Member of Old Salt Co-Op,[3] a Montana ranching Co-operative, Chairman and chief executive officer (CEO) of World Quantum Growth Acquisition Corporation,[4] a NYSE-listed company (WQGA.U).
[15] After graduating from the KEDGE Business School with an MSc in management science and finance in 1981,[16] he served as a second lieutenant and Instructor at the French Air Force Academy, earned an MBA from Columbia Business School in 1984[17] and a post-graduate degree from Paris-based IHEDN (Institute of Advanced Studies in National Defence) in April 2008.
[23][24] He pioneered the ‘Open Access’ model which revolutionised and opened the Exchange Industry’s traditional vertical silos and is now enshrined in the new MiFIR European legislation which took effect on January 3, 2018, allowing customers to pick and choose which parts of the exchange they want to use, and also embarked on £3.5 billion of deals.
[25] Under his leadership, the London Stock Exchange Group acquired MillenniumIT (2009), Turquoise Holdings Ltd (2010), FTSE Group (2011), TRS (2011), GATElab Srl (2012), EuroTLX Srl (2013), LCH.Clearnet (2013), Bonds.com (2014), Exactpro (2015), XTF (2015) and the Frank Russell Company (2014) from Northwestern Mutual, the Asset management arm of which was sold in October 2015 to TA Associates and Reverence Capital Partners.
As per data released on 8 January 2018 by LCH,[27] London Stock Exchange Group's regulated entities traded, cleared and settled in excess of $1 Quadrillion of notional contracts and securities, making the London Stock Exchange Group one of the very largest financially systemic Institutions in the World.
[36] Under his leadership, the value of London Stock Exchange Group rose from ca £800 Mln to £14Bln shortly before the announcement of his departure.
[40] Rolet contributed an article, Making capitalism popular again: learning the lessons from Lehman, to the Labour in the City Anthology, which was published in October 2018 to commemorate ten years since the Lehman Bros bankruptcy and launched at the City Corporation by Alistair Darling.
[46] In October 2015, he was appointed an Honorary Knight Commander of the Order of the British Empire (KBE) by Her Majesty Queen Elizabeth II.
[citation needed] He was made a Knight of the National Order of the Legion of Honour of France in January 2016.
[65][66] Every year La Verrière hosts an Extreme Wine course, which takes place over a week and includes a series of lectures and tastings.