Martin Read is Chairman of Wincanton plc, the Remuneration Consultants Group and the UK Government’s Senior Salaries Review Body. He is also Chairman Designate of the new independent British energy supply and services company that SSE and Innogy have agreed to form, subject to final regulatory approval. This new company is expected to list on the main market of the London Stock Exchange in the first quarter of 2019.
Martin is a former chairman of Laird plc and of the two government-owned companies which manage contracts and payments under the electricity market reform programme (the Low Carbon Contracts Company and the Electricity Settlements Company). He was chief executive of international IT services company Logica from 1993 to 2007 and has served as a non-executive director on the boards of Lloyd’s, Invensys, Aegis Group, British Airways, Siemens Holdings, Boots, ASDA and the UK Government Efficiency and Reform Board. Martin was chairman of the Remuneration Committees at Invensys, British Airways and Boots and has been a senior adviser to private equity firms Candover and Actis and to Indian technology companies HCL and Zensar. He led UK government reviews on back office operations and IT across the public sector (2008/9) and management information (2012).
Appointed: January 2015 (reappointed in May 2018) Term ends: June 2021
The Review Body on Senior Salaries provides independent advice to the Prime Minister, the Lord Chancellor, the Secretary of State for Defence, the Secretary of State for Health and the Home Secretary on the pay of: the judiciary; senior civil servants; senior officers of the armed forces; certain senior managers in the NHS; Police and Crime Commissioners; chief police officers; and other such public appointments as may from time to time be specified.