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From Times Online
November 7, 2005

99: Martin Read

(-, -) Biggest FTSE directorship: chief executive, LogicaCMG (technology, £582,000).

Other FTSE directorships: non-executive director, Boots (retail, £45,000); British Airways (transport, £37,000).

Power 100 score: 211 Age: 55 Career: Martin Read joined Logica as chief executive in 1993 and retained the same post after the merger with CMG in 2002. He was managing director of GEC Marconi Radar & Control Systems from 1989 and 1993 and was a director of Marconi Defence Systems between 1986 and 1989. He served as a non-executive director of Asda between 1996 and 1999, when he took up a similar position with Boots.

He was appointed to BA’s board as a non-executive director in 2000.

  • Richard North, the recently ousted chief executive of Intercontinental Hotels, was a non-executive director of LogicaCMG, the company chaired by Read, between 2002 and last year. North was, from 1997 to 2001, a non-executive director of Asda, with which Read had the same role from 1996 to 1999.
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