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Rolls-Royce names Anita Frew as new chair

Stock Markets Jun 09, 2021 07:31
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© Reuters. FILE PHOTO: A Rolls-Royce logo is seen at the company's aerospace engineering and development site in Bristol, Britain, December 17, 2015. REUTERS/Toby Melville/File Photo
 
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LONDON (Reuters) - Rolls-Royce (LON:RR) said that Anita Frew would succeed Ian Davis as chair on Oct. 1 2021, making her the first woman to chair the British aero-engine company when Davis retires after nine years in the role.

Frew, 63, is currently chair of science and chemicals group Croda and a non-executive director of mining giant BHP Group.

Rolls-Royce's senior independent director Kevin Smith said that Frew was the clear choice to lead the group as he thanked Davis for his service.

"The company conducted a comprehensive search and Anita emerged as the outstanding candidate," Smith said in a statement from Rolls on Wednesday.

She joins Rolls-Royce as it seeks to recover from the pandemic. Much of its income from airline customers dried up last year when travel stopped and it has cut costs, taken on debt and raised equity to survive.

Frew joins the board on July 1.

Rolls-Royce names Anita Frew as new chair
 

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Comments (1)
Warren Sinden
Warren Sinden Jun 09, 2021 7:48
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Is it safe to put a woman in charge of a car company like Rolls? When you look again you are going to see a hair dryer, hair rollers & a makeup box all tucked around the driver's seat.
Rajesh Sanghani
Rajesh Sanghani Jun 09, 2021 7:48
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ok ...this is not the Car Company...it's the Aero Engine Maker! Common Mistake.
Alex wan
Alex wan Jun 09, 2021 7:48
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Lol car company! Nice try buddy! Read more before you comment on this page lol
Jonathan So
Jonathan So Jun 09, 2021 7:48
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It hasnt been a car company for a long time; car brand sold to the Germans !
 
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