The head of London Stock Exchange (LSE) and the chairman of HSBC are among the business leaders to be honored in this year’s King Charles Birthday Honors List.
Julia Hoggett, a former banker who has been chief executive of the London Stock Exchange since 2021, was knighted for services to business and finance.
Hoggett, who joined the LSE from the Financial Conduct Authority, called for UK company chiefs to be paid more to catch up with their US counterparts. She claims that UK companies are finding it difficult to attract executives because they receive higher pay packets across the Atlantic.
Hoggett faces a battle to attract more companies to list on the LSE after firms moved their main listing from London, including betting company Flutter, which is moving its listing to the US, and the Anglo-German travel company Tui, which voted to list its shares in Germany. Building materials firm CRH floated its primary US listing last year.
City veteran Mark Tucker, who is the current chairman of the HSBCwill receive a knighthood for his services to the economy.
Tucker, an avid football fan who once played professionally, becomes chairman of HSBC in October 2017 after leading the AIA Group. He has more than 35 years of experience in the financial services sector in Asia, the US, the UK and Africa and is the former CEO of insurer Prudential.
Other prominent business figures who have been recognized include Alan Jope, former CEO of Unilever, who has been made a Commander of the Order of the British Empire (CBE) for services to business. Joep got off last year after 38 years at the consumer goods company whose brands include Dove soap and Marmite.
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During his tenure, Unilever sold a major tea-making division and unified the company’s previously divided structure in London, but the company failed in its bid to take over GlaxoSmithKline’s consumer healthcare arm.
Energy company executives were also honored. Greg Jackson, chief executive and co-founder of Octopus Energy Group, which has 7.2 million customers in 18 countries, has been made a CBE.
Alistair Phillips-Davies, chief executive of SSE, who has led the electricity infrastructure company for a decade, has also been appointed a CBE.
Claire Enders, who founded Enders Analysis, the technology, media and telecommunications research company in 1997, has been made a CBE, as has Jennifer Daly, chief executive of the FTSE 100 housebuilder Taylor Wimpeywho joined from Redrow in 2014 and who is one of the UK’s most prominent female CEOs.
