Wincanton has announced that Dr Martin Read CBE has been appointed as Chairman and will take position on August 1, 2018. Read is Chairman of two government owned companies (the Low Carbon Contracts Company and the Electricity Settlements Company), the Remuneration Consultants Group and the UK Government Senior Salaries Review Body. He will be stepping down from the Franchise Board of Lloyd’s of London where he has served for nine years. Read has experience as a former Chief Executive of international IT services company, Logica, as Chairman of Laird plc and as a Non-Executive Director on the boards of Invensys, Aegis Group, British Airways, Boots, Asda and the UK Government Efficiency and Reform Board. He spent the first seven years of his career in the container transport sector.
Stewart Oades, Interim Chairman, commented: “Martin’s significant experience and knowledge are a tremendous asset for Wincanton, and I look forward to working closely with him as the Group moves forward.”
Oades will now resume his role as Senior Independent Director of the Board of Wincanton which he temporarily vacated during the completion of the selection process for a permanent chairman.
Source: Wincanton
