Ian Davis appointed as new Chairman of Rolls-Royce

Aerospace and defence company Rolls-Royce has appointed Ian Davis as the Chairman of the company, succeeding Sir Simon Robertson.

Davis will join the board as a non-executive Director on March 1st and take over from Robertson at the conclusion of the annual general meeting on May 2nd.

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He currently serves as a non-executive Director, on the boards of BP and Johnson & Johnson and is a non-executive member of the Cabinet Office Board.

Robertson said: "It has been a privilege and pleasure to lead Rolls-Royce through eight years of continuous growth. This is an exceptional company with exceptional prospects. I would like to welcome Ian onto the board.

"I am pleased to know I shall be succeeded by a man of his stature and international experience. I would like to thank my fellow board members, the management and the wider Rolls-Royce team for their commitment and support."

Commenting on his appointment, Davis said: "I am looking forward greatly to joining Rolls-Royce. Sir Simon has led the board with distinction during the past eight years. I am extremely excited by the prospect of building on the firm foundations that have been laid."

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