logo
Share SHARE
FONT-SIZE Plus   Neg

Logica Says Seamus Keating To Resign As Director - Quick Facts

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Goldman Sachs is changing the way it reviews the performance of its some 36,500 employees, media reported Thursday, citing two company wide memos. The bank, considered to be a forerunner in formulating employee compensation policy, is looking to scrap a system that rated employees on a scale of 1 to 9. The system is considered to grind down employee morale. Taiwanese electronics assembler Foxconn Technology Group has replaced 60,000 workers at a factory in China with robots, according to a report in the South China Morning Post. However, the company, which is a major supplier to Apple and Samsung, expects to maintain a significant workforce in China. Netflix Inc. and movie studio Disney are finally taking their deal that was announced in 2012 to the next level. The online movie rental service will become the exclusive U.S. pay-TV home of the latest films from Disney, Marvel, Lucasfilm and Pixar.
comments powered by Disqus
Follow RTT