28th Jan 2008 08:25
28 January 2008
Jim McKenna signals intention to leave company during latter part of 2008
Jim McKenna, Chief Operating Officer (COO) and an Executive Director of LogicaCMG, has decided to leave the company during the second half of 2008 to pursue a portfolio of interests.
Jim has been an Executive Director since 1998. He has performed a number of senior roles in his 14 year career at LogicaCMG and helped lead a significant transformation of the group from 3,000 employees in 1993 to 39,000 people today.
On leaving LogicaCMG, Jim intends to expand his existing portfolio of interests. He currently serves as Chairman of the Board of Governors at the University of East London, Chairman of the ADAB Trust and a member of the UK government's Senior Salaries Review Board. He will become Chairman at Azzurri Communications, the business voice and data communications company, and Chairman at Rainer, the national charity for under-supported young people.
The Board has asked Jim to remain with the company until the latter part of the year in order to lead the creation of a new global Outsourcing Services division. This division will work across LogicaCMG with the aim of rapidly expanding its outsourcing services business.
Commenting on today's announcement, David Tyler, Chairman, said:
"Jim has been at the heart of building LogicaCMG over the last 14 years and has had an excellent track record at the company. On behalf of the Board, I would like to thank him for his outstanding contribution, particularly in the last few months as interim CEO when he showed great commitment and leadership. Jim will leave with our very best wishes for his future."
Andy Green, CEO, commented:
"I am delighted that Jim has agreed to stay on for an interim period to help me lay the foundations for the next stage of the group's development. Jim has been instrumental in building the global delivery capability and his experience will be invaluable to me and the rest of the team as we establish the new Outsourcing Services division, which will focus on meeting the growing demand from our customers for globally competitive outsourcing services."
For further information:
LogicaCMG media relations: Carolyn Esser/Louise Fisk +44() 20 7446 1786 (mobile: +44(0) 7841 602 391)
LogicaCMG investor relations: Karen Keyes/Frances Gibbons +44 (0) 20 7446 1196 (Mobile: +44 (0) 7801 723682)
Brunswick: Tom Buchanan/Craig Breheny +44 (0) 20 7404 5959
Notes to editors:
For more background regarding LogicaCMG's new Outsourcing Services division, please see separate press release issued today at www.logicacmg.com
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