– UK, Chippenham – Wincanton PLC (LSE:WIN), 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.
About 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.
For more information : http://www.wincanton.co.uk
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