Directorate Change - Resignation of Non-Executive Director

Rolls-Royce Holdings plc (the Company) announces that Ruth Cairnie, Non-Executive Director and Chair of the Remuneration Committee, will step down from the Board with effect from 31 December 2019 to allow her more time to focus on her other commitments following her recent appointment as Chair of Babcock International Group PLC. Irene Dorner will assume the role as Chair of the Remuneration Committee from 1 January 2020.

Ian Davis, Chairman, said:

"I would like to thank Ruth for her five years of service to the Company. She has played a key role on the Board throughout that time, not least as Chairman of the Remuneration Committee. I and all my colleagues have hugely appreciated her insight and her commitment to the Company. It has been a great pleasure to work alongside her and we wish her well for the future."

About Rolls-Royce Holdings plc

  1. Rolls-Royce pioneers cutting-edge technologies that deliver clean, safe and competitive solutions to meet our planet’s vital power needs.
  2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 70 navies, and more than 5,000 power and nuclear customers.
  3. Annual underlying revenue was £15 billion in 2018, around half of which came from the provision of aftermarket services.
  4. In 2018, Rolls-Royce invested £1.4 billion on research and development. We also support a global network of 29 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
  5. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.

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