Wincanton PLC Appointment of Chairman (9372U)
July 18 2018 - 2:00AM
UK Regulatory
TIDMWIN
RNS Number : 9372U
Wincanton PLC
18 July 2018
18 July 2018
WINCANTON PLC
('Wincanton' or the 'Group')
Appointment of Chairman
Wincanton announces today that Dr Martin Read CBE has been
appointed Chairman of Wincanton with effect from 1 August 2018.
Martin 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 shortly be stepping down from the
Franchise Board of Lloyd's of London where he has served for nine
years. Martin has extensive and varied 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: "I am delighted to
welcome Martin to our Board as Chairman. We have conducted a
thorough, independent, external selection process and it was
evident that Martin was the best candidate to become our next
Chairman. 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."
Dr Martin Read CBE commented: "Wincanton has a strong position
in the UK and Ireland logistics market and a good reputation for
serving its customers well. I am delighted to be joining the team
and helping it to deliver the company's significant potential."
The Board wishes to convey its thanks to Stewart Oades for his
service as Interim Chairman from September 2017. Stewart will now
resume his former 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. Martin has also
been appointed as the Chairman of the Nomination Committee.
-Ends-
For further information please contact:
Wincanton Plc Tel: 01249 710 000
Adrian Colman, Chief Executive Officer
Tim Lawlor, Chief Financial Officer
Buchanan Tel: 020 7466 5000
Richard Oldworth / Maddie Seacombe
Notes to Editors
Wincanton plc
Wincanton is the largest British logistics firm, providing
supply chain solutions to some of the world's most admired brands
across a wide range of industries including retail, construction,
defence and energy.
As a trusted and respected business partner, we design and
implement services and solutions that range from setting up and
operating distribution networks through to bonded warehouses,
technology hosting, container transport and storage. We strive for
operational excellence in everything we do.
We work hard to understand and respond to our customers' needs,
build long term relationships and use our skills and expertise to
deliver a smarter, added value service, every day. Our customers
rely on us to make their businesses operate more efficiently and to
gain a competitive advantage in their sector.
Improved stock visibility and availability, reduction of lead
times, collaborative warehousing and transport models, and an
absolute commitment to continuous improvement, are just some of the
reasons why many of our customer relationships extend to more than
20 years.
Key facts:
-- Annual revenue in the UK & Ireland exceeds GBP1.1 billion
-- Over 17,700 colleagues including 4,000+ drivers
-- Operates from 200+ locations with 7.6 million square feet of
warehousing across the UK and Ireland
-- Operating responsibility for around 3,600 vehicles
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END
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