Marine Link
Friday, September 30, 2016

BAE's New Chairman Designate Joins the Board

June 17, 2013

Sir Roger Carr; Photo credit BAE

Sir Roger Carr; Photo credit BAE

Sir Roger Carr will join the Board as a non-executive director & Chairman designate on 1 October 2013 and will succeed Dick Olver as Chairman in the first quarter 2014, following a transition period.

Sir Roger, 66, is currently Chairman of Centrica plc (CPYYY) and was until recently President of the CBI, the UK’s main business lobbying group.  He is also Deputy Chairman and Senior Independent Director of the Court of the Bank of England and a member of the UK Prime Minister’s Business Advisory Group. He will step down as Chairman of Centrica on or before the Centrica AGM in 2014.

Nick Rose, BAE Systems (BAESY) Senior Independent Director, said: “Sir Roger Carr is the unanimous choice of the Nominations Committee and his proposed appointment has been warmly endorsed by the entire Board.

“The Company conducted a comprehensive search and Sir Roger was the clear choice. He is an outstanding candidate with two decades’ Board-level experience at the top of UK industry. His skills, reputation and relationships with investors and government ministers will be of considerable value to the Company both at home and abroad.

“Dick Olver has been an excellent Chairman at BAE Systems, and has led wide-ranging cultural and governance changes within the Company. Dick told the Board some time ago of his intention to leave to pursue other interests and, with typical generosity, has agreed to stay on until the first quarter next year, to ensure a smooth handover across our international footprint and our global markets. ”

Sir Roger said: “I feel privileged to be offered this role and look forward with real enthusiasm to working with the Board in shaping the future of this great company. BAE Systems is strategically important not just for the UK but internationally, playing a key role in the defence industry in the US and in other parts of the world.
 


 



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News