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Logica
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===Martin Read era=== Martin Read was recruited from [[GEC Marconi]], where he had worked for [[Arnold Weinstock]], and appointed CEO in August 1993.<ref name="inde" /> Most of the executive directors left the company during the two years following his appointment – David Mann, Colin Rowland, [[Andrew Karney]], Ian Macleod and Cliff Preddy.<ref>{{cite web|author=James Bethell |url=https://www.independent.co.uk/news/business/publisher-takes-modest-approach-on-top-pay-1585231.html |title=More directors leave Logica |publisher=Independent.co.uk |date=1995-06-06 |access-date=2014-06-23}}</ref> This was not unexpected; as one of the very few still left, Andrew Given, later said, "As executive directors we knew we were being brave in choosing him, because for most of us it was like turkeys voting for Christmas."<ref name="inde" /> By 1994 the company had some 3,400 employees.<ref name="quest"/> Defence work was still going on within the company, being done both by both Logica plc and by a specific group known as Logica, Defence and Civil Government.<ref>{{cite conference | contribution=Attitudes to Ada—a market survey | author-first=Ian | author-last=Gilchrist | title=SIGAda '99: Proceedings of the 1999 annual ACM SIGAda international conference on Ada | publisher=SIGAda | date=September 1999 | pages=229–242| doi=10.1145/319294.332014 | doi-access=free | isbn=1-58113-127-5 }}</ref> By the close of the 1990s, Logica had seen large-scale growth, with an average annual earnings increase of 35 percent over the previous five years and an increase in the company's market capitalisation from £130 million in August 1993 to £6.1 billion in December 1999.<ref name=inde/> Logica had 8,500 employees and had gained entry into the [[FTSE 100]].<ref name=inde/> Its customers included large governmental organizations and private companies such as [[Ford Motor Company|Ford]], [[Exxon]], [[IBM]], [[Compaq]], [[Vodafone]], [[Reuters]], [[Merrill Lynch]], [[Prudential plc|Prudential]], [[Deutsche Bank]], and [[Diageo]].<ref name=inde/> Read had great ambitions for the company, saying that over the next five years, "I would like to make Logica as famous a brand as IBM.".<ref name=inde/> In 1999 the buyout of the in-house Customer Care and Billing product division took place leading to the founding of the company that would become [[Cerillion]].<ref>{{cite news|url=https://www.proactiveinvestors.co.uk/companies/news/123629/cerillion-plc-billing-software-group-confirms-10mln-aim-float-123629.html |title= Cerillion plc: Billing software group confirms £10mln float|date=14 March 2016|newspaper=Proactive Inveztors|access-date=11 April 2023}}</ref> In 2000, Logica acquired the German computing services business PDV for £370 million, increasing the size of the German workforce by 1,200 in the process.<ref>{{cite web|url=https://www.telegraph.co.uk/finance/4467560/Logica-launches-cash-call-for-463m.html |title=Logica launches cash call for £463m |date=6 October 2000 |publisher=The Telegraph|access-date=19 March 2018}}</ref> In 2001 the company secured an [[outsourcing]] contract to create and operate a new case management system for the [[Crown Prosecution Service]].<ref>[http://www.wda.co.uk/resources/LogicaCMG2.pdf Logica: Global Outsourcing from a Welsh Hub] {{webarchive|url=https://web.archive.org/web/20090304083542/http://www.wda.co.uk/resources/LogicaCMG2.pdf |date=2009-03-04 }}</ref> At this time the level of Read's remuneration received attention when it was revealed that he enjoyed a £28 million pay packet.<ref>{{Cite web|url=https://www.independent.co.uk/news/people/little-man-with-the-beard-and-a-pound28m--pay-packet-667530.html|title=Little man with a beard and a £28m pay packet|website=[[Independent.co.uk]] }}</ref><ref>{{cite web|author=John Cassy |url=https://www.theguardian.com/society/2001/nov/05/16?INTCMP=SRCH |title=Local zeros? |publisher=Guardian |date=2001-11-05 |access-date=2014-06-23}}</ref>
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