View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 27, 1995

ICL LOSES BONFIELD TO BRITISH TELECOM AS SIR IAIN DECIDES ONE POST IS ENOUGH

By CBR Staff Writer

ICL Plc on Friday lost its its highly-regarded chairman and chief executive Peter Bonfield to British Telecommunications Plc. British Telecom is splitting the posts of chairman and chief executive and Sir Iain Vallance will continue as chairman while Bonfield takes over as chief executive. Keith Todd, currently finance and business strategy director at ICL is to step up to become chief executive. The changes take place at the end of the year. Sir Colin Marshall, chairman of British Airways and a non-executive director at British Telecom will become deputy chairman in succession to Paul Bosonnet, who is retiring. Group managing director Michael Hepher will also be leaving the company, but he quickly denied speculation that he might be just the man Cable & Wireless Plc was looking for to become its new chief executive.Over at ICL, it said the announcement was not a precursor to board reshuffles and said that Bonfield had left with the full agreement of the ICL Plc board, Fujitsu Ltd, ICL’s major shareholder, and Northern Telecom Ltd. Bonfield will anyay remain on the ICL board as its deputy chairman.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU