Lord Gold to Review Rolls-Royce Compliance Procedures
Rolls-Royce, the global power systems company, announce the appointment of Lord Gold, who will report to the Ethics Committee of the Board.
This appointment follows the previous announcement by Rolls-Royce that it has provided information to the Serious Fraud Office (SFO) relating to concerns about bribery and corruption involving intermediaries in overseas markets.
Lord Gold was a solicitor at Herbert Smith for 37 years, serving as its senior partner between 2005 and 2010. He is one of the UK's most senior litigators and has extensive experience working at the highest levels with corporations, governments and regulators around the world.
Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.
As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.