Singer Appointed Non-Executive Director, Rolls-Royce
Rolls-Royce today announced the appointment of Bradley Singer as a Non-Executive Director. He will join the Board with immediate effect and will become a member of the Science and Technology Committee. Brad is a Partner and Chief Operating Officer of ValueAct Capital, the San Francisco based Investment Company. ValueAct Capital is currently the largest investor in Rolls-Royce with a shareholding of 10.8%. Before joining ValueAct Capital, Brad had been Senior Executive Vice President and Chief Financial Officer of Discovery Communications, Inc. and Chief Financial Officer and Treasurer of American Tower Corp. Prior to these appointments, he worked as an investment banker at Goldman Sachs in New York and London. He is a Director of Motorola Solutions, Inc.
Rolls-Royce Takes Davies on Board
Rolls-Royce appointed Alan Davies as a Non-Executive Director. He will join the Board with effect from November 1, 2015 and will become a member of the Nominations and Governance Committee, and the Audit Committee. Alan Davies is currently Chief Executive of Rio Tinto's Diamonds and Minerals division. He joined Rio Tinto in 1997 and has held a number of senior positions in Australia, London and the US, predominantly in Rio Tinto's Iron Ore product group where he has served as CFO, Managing Director Global Development and as President International Operations. Alan Davies is a Fellow of the Institute of Chartered Accountants in Australia. Ian Davis, Rolls-Royce, Chairman, said, "I am delighted that Alan Davies will be joining us as a Non-Executive Director.
China Shipbuilding: Good Business Speeds Privatization
The China Shipbuilding Corp said in a report that the company currently has orders totaling more than $2.68 billion, according to a report on TaipeiTimes.com The written report was presented by the CSBC to the Science and Technology Committee of the Legislative Yuan which is set to review the CSBC's budget for next year. The CSBC said that it currently has orders for building 51 commercial ships as well as orders for building 30 military vessels. (Source: TaipeiTimes.com)
