Rolls-Royce CEO Replaces Finance Chief in Management Shake-Up - News Summed Up

Rolls-Royce CEO Replaces Finance Chief in Management Shake-Up


LONDON—Rolls-Royce Holdings PLC boss Warren East is replacing his finance chief in a move that amplifies the scale of the shake up under way at the British aircraft-engine makers after a series of profit setbacks and a dividend cut. Rolls-Royce’s chief executive is bringing in Stephen Daintith, 52, to replace current Chief Financial Officer David Smith who is set to leave the company next year after a transition period.


Source: Wall Street Journal September 22, 2016 07:47 UTC



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