Rolls-Royce appoints Jasmin Staiblin as a non-executive Director

Monday, 21 May 2012

Rolls-Royce, the global power systems company, announces that Jasmin Staiblin will join the Board as a non-executive Director today. Jasmin is Chief Executive of ABB Switzerland, a subsidiary of the ABB Group. The ABB Group is one of the largest engineering companies in the world with 135,000 employees and operations in more than 100 countries.

The Chairman of Rolls-Royce, Sir Simon Robertson, said: "I am delighted to welcome Jasmin Staiblin onto the Board. Jasmin combines a strong background in advanced engineering and deep technical knowledge with extensive international business experience. I am very much looking forward to working with her.”

Jasmin Staiblin, a German national, graduated in Electrical Engineering and Physics from Karlsruhe University and from the Royal Institute of Technology, Stockholm before joining ABB in 1997. Since then she has held a number of senior positions including her current role where she is responsible for revenues of CHF 3.6bn (£2.4bn). She has lived and worked in Switzerland, Sweden and Australia. She is a non-executive Director of Georg Fischer AG a leading Swiss industrial Group and of ETH Domain, a collective of Swiss universities and research institutions.

George Fisher AG is listed on the SIX Swiss Exchange. There are no other details to disclose under paragraph 9.6.13 (1) to (6) of the Listing Rules in relation to Jasmin Staiblin.

  1. 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.
  2. 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.
  3. Annual underlying revenues were £11.3 billion in 2011, of which more than half came from the provision of services. The firm and announced order book stood at £62.2 billion at 31 December 2011, providing visibility of future levels of activity.
  4. Rolls-Royce employs more than 40,000 people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.
  5. In 2011, Rolls-Royce invested £908 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.
  6. Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company’s engineers with the forefront of scientific research.
  7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.

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