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RNS Number : 0631O
Rolls-Royce Holdings plc
05 October 2021
5 October 2021
ROLLS-ROYCE APPOINTS GRAZIA VITTADINI
AS CHIEF TECHNOLOGY OFFICER DESIGNATE
-- Grazia Vittadini appointed Chief Technology Officer,
Designate, as Paul Stein steps down in 2022
-- Harry Holt, Chief People Officer, to leave at end of 2021 to join Vertical Aerospace
Rolls-Royce (LSE:RR., ADR:RYCEY) announces that Grazia
Vittadini, former CTO at Airbus, will be joining as Chief
Technology Officer, Designate, to succeed Paul Stein when he steps
down next year after almost 12 years leading our pioneering
research and technology efforts. Separately, Harry Holt, Chief
People Officer, has decided to leave to take up the post of Chief
Operating Officer at Vertical Aerospace. His successor will be
announced in due course.
Grazia, who will join on 2 November 2021, spent almost 20 years
at Airbus and over the last decade held a number of senior
positions, most recently Chief Technology Officer. As CTO, she
piloted Airbus into bold, new and sustainable technologies, ranging
from electrification and hydrogen-based propulsion to
digitalisation and Artificial Intelligence, autonomy, connectivity
and advanced materials, while creating a diverse, high performing
technology organisation. She stood down from her CTO role at Airbus
in July and leaves at the end of October.
Warren East, CEO, Rolls-Royce, said: "I am delighted to announce
the appointment of Grazia Vittadini. She brings with her extensive
expertise in the emerging and disruptive technologies that will
help us on our journey to net zero and further expand our digital
innovation. She also has many years of experience working with our
fundamental technologies and has a deep understanding of the safety
critical systems which are at the core of our product
portfolio."
Grazia Vittadini, said: "I relish the opportunity to join the
Rolls-Royce family and continue its drive to pioneer the power that
matters to connect, power and protect society. The commitment to
ensuring all new products are compatible with net zero operation by
2030 is a bold one and one I'm very much looking forward to
delivering on it, together with the outstanding teams that
Rolls-Royce has across the world."
Warren East added: "I would like to extend my heartfelt thanks
to two wonderful colleagues, and indeed the thanks of my wider
leadership team and all of us at Rolls-Royce to both Paul and Harry
for their hard work and dedication over many years. During his
time, Paul has navigated us through one of the most intense R&D
periods in our history, as we have put more new civil aircraft
engine types into the sky than ever before, while laying the
foundations for our next generation technologies and creating new
businesses in electrification and small modular nuclear reactors.
Harry has steered us through a time of great transformation and
cultural change across our business and has been instrumental in
the successful delivery of our restructuring in response to the
impact of the pandemic. We wish them both the best of luck for the
future."
Paul Stein, who joined Rolls-Royce in 2010 as Chief Scientific
Officer, will step down from his current role at the end of the
first quarter of 2022. He will remain as Chairman of Rolls-Royce
SMR, our venture that is creating small modular reactors for the
provision of low cost, reliable, low carbon energy, and will
continue to help the Group in other ways. Harry Holt will leave at
the end of this year after a decade with Rolls-Royce, in which he
has led several organisations, including our Nuclear business, and
has been responsible for our HR, HS&E and global business
services teams since 2018. The search for his successor is
underway.
For further information, please contact:
Rolls-Ro yce
Media
Richard Wray
Director of External Communications & Brand, Rolls-Royce
plc
Tel +44 (0) 7810 850055
Richard.Wray@Rolls-Royce.com
Teresa Towner
External Corporate Communications Manager, Rolls-Royce plc
Tel: +44 (0) 7971 832 542
Teresa.Towner@Rolls-Royce.com
Investors
Isabel Green
Head of Investor Relations, Rolls-Royce plc
Tel +44 (0) 7880 160976
Isabel.Green@Rolls-Royce.com
www.rolls-royce.com
About Rolls-Royce Holdings plc
1. Rolls-Royce pioneers the power that matters to connect, power
and protect society. We have pledged to achieve net zero greenhouse
gas emissions in our operations by 2030 (excluding product testing)
and joined the UN Race to Zero campaign in 2020, affirming our
ambition to play a fundamental role in enabling the sectors in
which we operate achieve net zero carbon by 2050.
2. Rolls-Royce has customers in more than 150 countries,
comprising more than 400 airlines and leasing customers, 160 armed
forces and navies, and more than 5,000 power and nuclear
customers.
3. Annual underlying revenue was GBP11.76 billion in 2020 and we
invested GBP1.25 billion on research and development. We also
support a global network of 28 University Technology Centres, which
position Rolls-Royce engineers at the forefront of scientific
research.
4. Rolls-Royce Holdings plc is publicly traded company (LSE:
RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)
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END
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