Cobham grabs Murphy from BAE to be new CEO
Robert Murphy, a member of the defence group BAE Systems' Executive Committee, is to leave the company to take up the Chief Executive Officer (CEO) role at sector peer Cobham.
Robert Murphy, a member of the defence group BAE Systems' Executive Committee, is to leave the company to take up the Chief Executive Officer (CEO) role at sector peer Cobham.
Murphy, who was Executive Vice President of BAE Systems Inc's Product Sectors division, will move into the Cobham hot seat on June 25th. Cobham has been looking for a new chief since previous incumbent Andy Stevens announced plans to take early retirement due to the recurrence of a long term serious back injury.
Murphy has worked for more than a quarter of a century in the Civil, Commercial & Defence sectors of the Aerospace and Defence industry.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Andy Stevens will continue to assist the board of Cobham until further notice and will support Murphy during this transition. Murphy will relocate to the UK and will primarily work out of existing offices in Wimborne, Dorset.
As for BAE Systems, it said that pro temps the leaders of the two BAE Systems Inc businesses which comprise the Product Sectors division will report directly to Linda Hudson, President and CEO of BAE Systems, Inc.
JH
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Should you move your money out of the US?
US exceptionalism – the belief that the US and its economy is different from and superior to other nations – is coming under fire as a concept
-
How to find the best luxury hotel deals
Knowing how to find the best luxury hotel deals can help holidaymakers enjoy high-end experiences without the sky-high costs. We reveal how to bag the best value for less.