9th Oct 2007 07:00
9 October 2007
LogicaCMG appoints new Chief Executive Officer
LogicaCMG today announces the appointment of Andy Green as Chief Executive Officer. He will take over from acting Chief Executive Jim McKenna with effect from 1 January 2008.
Mr. Green (52) joins from BT Group where he has been a member of the Board since 2001, and where he is currently Chief Executive Officer of Strategy and Operations. He brings to LogicaCMG a wealth of experience leading and developing a world class business services company.
Since beginning his career at BT in 1986, Mr. Green's responsibilities have included sales and marketing, operations and strategy. In addition to developing BT's internet services company, he played a major role in the development of BT's business outside the UK. He was the CEO of BT Global Services from 2001 until April this year, during which period he personally led the successful transformation of the business through organic change and a series of strategic moves. While there, he doubled revenues to around ‚£9 billion and oversaw a major improvement in profitability.
Mr. Green is a non-executive director of Navteq Inc and a board member of e-skills UK. He also plays an active role in the CBI (Presidents Committee) and Chartered Management Institute (Companion), as well as supporting charities Shelter (Appeal Board) and Abesu (Trustee). He began his career at Shell, later joining Deloitte Haskins & Sells, supporting customers in the communications, manufacturing and banking sectors.
David Tyler, LogicaCMG's Chairman-designate, said: "Andy Green is the ideal person to become CEO of LogicaCMG. He is an experienced and widely respected leader in business services and has helped to create significant value for BT's shareholders over many years. I am delighted that he has agreed to join us."
"I believe that this is a very exciting appointment for all of us at LogicaCMG. Andy has the strategic vision, operational strength and the international perspective to improve the business significantly and drive value for shareholders."
Andy Green said: "I am delighted to be given this opportunity to lead a major European IT and business services player. LogicaCMG has a great reputation and a strong platform for future growth. I look forward to leading the group through the next phase of its development and delivering profitable growth on behalf of shareholders."
In relation to Andy Green's appointment there are no other details to disclose under paragraph 9.6.13 (1) to (6) of the Listing Rules.
A video interview with David Tyler and Andy Green is available at www.logicacmg.com or at www.cantos.com.
Photos of David Tyler and Andy Green are available at www.vismedia.co.uk
For further information:
LogicaCMG:
David Tyler, joint Deputy Chairman and Chairman-designate +44 (0) 20 7446 4341
Investor relations: Karen Keyes / Frances Gibbons , +44 (0) 20 7446 4341
+44 (0) 7801 723 682
Media relations: Louise Fisk +44 (0) 20 7446 2887, + 44 (0) 7798 857 770
Brunswick:
Tom Buchanan / Craig Breheny, +44 (0) 207 404 5959
Notes to editors
LogicaCMG is a major international force in IT and business services. It employs around 39,000 people across 41 countries. LogicaCMG's focus is on enabling its customers to build and maintain leadership positions using Logica's deep industry knowledge and its track record for successful delivery. The company provides business consulting, systems integration and IT and business process outsourcing across diverse markets including telecoms and media, financial services, energy and utilities, industry, distribution and transport and the public sector. Headquartered in Europe, LogicaCMG is listed on both the London Stock Exchange and Euronext (Amsterdam) and traded on the Xternal List of the Nordic Exchange in Stockholm. More information is available at www.logicacmg.com.
David Tyler (54) will take over as Non-Executive Chairman of LogicaCMG on 1 November 2007, following the retirement of Cor Stutterheim. David joined the Board in July 2007 as joint Deputy Chairman.
LOGICACMG PLCRelated Shares:
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