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Rolls-Royce names senior team for new US facility

Wednesday, 13 February 2008

Rolls-Royce has appointed Bob Stoddart and Tom Loehr to lead the development of Crosspointe, its new aero engine facility to be built in Prince George County, Virginia. Effective immediately, Stoddart becomes Executive Vice President (EVP) and Loehr becomes Deputy Executive Vice President (EVP), Crosspointe.

As EVP, Stoddart’s initial priorities include managing the construction program, engagement of suppliers and partners and creation of the on-site management team and organization. Prior to this appointment, Stoddart was Director of Production Programs, Assembly and Test, Rolls-Royce Defense Aerospace. Stoddart first joined the company in 1983 and has worked in the areas of engineering, marketing, supply chain and operations.

As Deputy EVP, Loehr is accountable for all program financials. He will also lead the interface with the Rolls-Royce purchasing organization and liaise with the Commonwealth of Virginia. Previously, Loehr was Vice President, Purchasing for Rolls-Royce Corporation in Indianapolis. He joined the company in 2000 after 16 years with Allied Signal in Greer, South Carolina.

Both Stoddart and Loehr will be based in Virginia.

Crosspointe, a new facility announced in November 2007, will provide manufacture, assembly and test for a range of products and components across the company’s global business sectors - Civil Aerospace, Defense Aerospace, Marine and Energy.

  1. Rolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, has established strong positions in its four global markets - civil aerospace, defense aerospace, marine and energy.
  2. In 2007, annual sales were £7.4 (~$14.8) billion, of which 55 per cent came from services revenues. The firm and announced order book is £45.9 (~$91.8) billion, of which aftermarket services represent 30 per cent, providing visibility of future levels of activity.
  3. The Group has a broad customer base including more than 600 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,000 marine customers, including 70 navies, and energy customers in nearly 120 countries. With facilities in 50 countries, Rolls-Royce employs 39,500 people worldwide and has businesses headquartered in the UK, US, Canada, Germany, Scandinavia and China. This global presence allows the Group to access long-term international growth opportunities with its technology, presence, partnerships and people.
  4. A significant and growing industry player in North America, Rolls-Royce employs nearly 8,000 people at more than 66 US locations in 26 states and seven sites in six Canadian provinces. In 2007, annual sales in North America exceeded $3.9 billion.
  5. Rolls-Royce continues to invest in core technologies, products, people and capabilities with the objective of broadening and strengthening the product portfolio, improving efficiency and enhancing the environmental performance of its products. These investments create high barriers to entry.
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