LONDON (Reuters) - British engineering and support services firm Babcock (L:BAB) said chief executive Peter Rogers would retire in August and would be replaced by senior management executive Archie Bethel.
Babcock said Bethel, currently chief executive of its Marine & Technology division, would take on the role of chief operating officer from April to ensure a smooth handover of responsibilities.
Rogers, 68, has held the CEO role for nearly 13 years.