The LSO was founded in 1904 as an independent, self governing organization, the first such orchestra in the UK. It played its first concert on 9 June of that year, with Hans Richter conducting. He remained principal conductor until 1911, when Edward Elgar took over for a year, leading six concerts as principal conductor. More recently, its principal conductors have included Pierre Monteux (1961–64), Istvan Kertesz (1965–68), André Previn (1968–79) and Claudio Abbado (1979–88). From 1988-1995, the American Michael Tilson-Thomas took over, and in 1995, became principal guest conductor.

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