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
Starbucks Corp. said Thursday after the markets closed that its second quarter profit rose 9.4% from last year, helped by higher revenue. The company's quarterly earnings per share came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. The world's largest specialty coffee retailer also raised its full year earnings outlook. Software giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter.
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.