Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Logica Says Seamus Keating To Resign As Director - Quick Facts

4/4/2012 2:17 AM ET

Logica Plc (LOG.L) said Seamus Keating will step down as a director after thirteen years with the company to concentrate on other interests. His resignation from the Executive Committee and the Board took effect from April 3 evening.

Seamus joined Logica in 1999. He served as Group CFO from 2002 until the end of 2010.

Based on the performance of the Benelux business in the first two months of the year and the plans the company has in place, Logica continues to expect the Benelux to return to profitability for 2012.

Meanwhile, Serge Dubrana, Chief of Operations, will take executive responsibility for the Benelux business in addition to his existing role with the support of the strengthened team now in place. The process is underway to recruit a local leader for Logica's Dutch business which will be announced in due course.

Click here to receive FREE breaking news email alerts for Logica plc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Chipmaker Advanced Micro Devices Inc. said Thursday after the markets closed that its first quarter loss narrowed from last year, helped by strong revenue growth in its graphics and visual solutions business. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue. After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves. U.S. Secretary Of State John Kerry said Thursday that he and his counterparts from Russia, Ukraine and the European Union have reached an agreement on a preliminary plan for ending the ongoing crisis in Ukraine. Kerry was speaking at the end of the Ukraine contact group's first meeting, comprising the foreign ministers of Russia, Ukraine, the EU and the U.S., in the Swiss city of Geneva.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.