Rolls-Royce Holdings plc Directorate Change (2780W)
10 December 2019 - 6:01PM
UK Regulatory
TIDMRR.
RNS Number : 2780W
Rolls-Royce Holdings plc
10 December 2019
10 December 2019
DIRECTORATE CHANGE
Rolls-Royce Holdings plc announces that Bradley Singer,
Non-Executive Director, has stepped down from the Board as of 9
December 2019. Bradley is a Partner and Chief Operating Officer of
ValueAct Capital, the company's largest shareholder.
Ian Davis, Chairman, said: "I would like to thank Brad for his
service to the company since joining the Board in 2016. He has
played a key role on the Board throughout that time, offering a
valued external perspective and helping us to drive progress in our
efforts to transform Rolls-Royce. I and all my colleagues have
appreciated Brad's insight and commitment to the company and it has
been a pleasure to work alongside him."
Bradley Singer said: "Since I joined the board nearly four years
ago, Rolls-Royce has undertaken many significant initiatives and
faced challenges head-on. The company is today on a solid path
forward. I am honoured to have served with Ian Davis, Warren East
and my fellow board members."
About Rolls-Royce Holdings plc
1. Rolls-Royce pioneers cutting-edge technologies that deliver
clean, safe and competitive solutions to meet our planet's vital
power needs.
2. Rolls-Royce has customers in more than 150 countries,
comprising more than 400 airlines and leasing customers, 160 armed
forces, 70 navies, and more than 5,000 power and nuclear
customers.
3. Annual underlying revenue was GBP15 billion in 2018, around
half of which came from the provision of aftermarket services.
4. In 2018, Rolls-Royce invested GBP1.4 billion on research and
development. We also support a global network of 29 University
Technology Centres, which position Rolls-Royce engineers at the
forefront of scientific research.
5. The Group has a strong commitment to apprentice and graduate
recruitment and to further developing employee skills.
For further information, please contact:
Investors:
Peter Lapthorn
Investor Relations Manager
Tel +44 (0)7717 811 069
Peter.Lapthorn@Rolls-Royce.com
Media:
Richard Wray
Director of External Communications & Brand
Tel +44 (0) 7810 850 055
Richard.Wray@Rolls-Royce.com
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END
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