Rolls-Royce appoints Lewis Booth as a Non-Executive Director

Wednesday, 25 May 2011

Rolls-Royce, the global power systems company, today announces the appointment of Lewis Booth as a non-executive Director. He will also join the Audit, Ethics and Nominations Committees today. Lewis will become Chair of the Audit Committee with effect from 31 July 2011, a role most recently undertaken on a temporary basis by Ian Strachan. Lewis Booth is executive Vice President and Chief Financial Officer of Ford Motor Company. 

In appointing Mr Booth, Sir Simon Robertson, Rolls-Royce Chairman, said:
“I am delighted to welcome Lewis Booth as a non-executive Director of Rolls-Royce. Lewis is recognised as one of the strongest and most experienced international leaders within the auto industry. He will bring to our Board a wealth of experience of international finance and business gleaned from many years in Ford.”

“I would like to thank Ian Strachan for his work as interim Chair of the Audit Committee”

  1. Lewis Booth has been Ford Motor Company’s Executive Vice President and Chief Financial Officer since 2008. He began his career with British Leyland, before joining Ford in 1978. He has held a series of senior positions within the company in Europe, Asia, Africa and the United States.
  2. 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.
  3. 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 2,500 marine customers, including 70 navies, and energy customers in nearly 120 countries, with an installed base of 54,000 gas turbines.
  4. Annual underlying revenues were over £10.8 billion in 2010, of which more than half came from the provision of services. The firm and announced order book stood at £59.2 billion at 31 December 2010, providing visibility of future levels of activity.
  5. Rolls-Royce employs over 39,000 skilled people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.
  6. In 2010, Rolls-Royce invested £923 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.
  7. Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company’s engineers with the forefront of scientific research.

Notes

Pursuant to Listing Rule 9.6.13(1) (details of directorships held in publicly-quoted companies in the previous five years), Lewis Booth was a director and vice chairman from September 2003 to December 2008 of Ford Otosan (Ford Otomotiv Sanayi A.S.), a company registered in Turkey and listed on the Istanbul stock exchange.
There are no other details to disclose under paragraphs 9.6.13 (2) to (6) of the Listing Rules in relation to Lewis Booth.

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