Siemens CIO steps down

Gordon Lovell-Read has stepped down as CIO of engineering and electronics firm Siemens, reports CIO magazine.

Lovell-Read joined the group six years ago. He was previously with Hewlett-Packard.

Siemens told CIO that Lovell-Read had "indicated his desire to stand down to pursue other interests outside of Siemens".

Lovell-Read will leave at the end of the month. Siemens said the departure was an "amicable parting of ways".

"He leaves behind a strong, healthy capability to underpin the plans of Siemens, a lasting legacy of successful IT modernisation, and the impressive integrated technology experience of the Frimley UK headquarters, which owes much to his personal vision," Siemens told CIO.

No replacement has so far been announced by Siemens. Siemens recently issued a profits warning for the group, partly down to poorly performing government IT services contracts.

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