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.
-
Can I shield my ISAs from inheritance tax?
Many investors and savers will be wondering if there’s anything they can do to protect their ISAs from inheritance tax, especially as pensions will become liable for the levy from April 2027. We reveal the options available to ISA customers
By Ruth Emery
-
What is the average salary by age – and how do you compare?
Are you making more than your peers? We look at the average salary by age to see how much the typical Brit earns at different stages of their life
By Daniel Hilton