Laird finally lands a Chief Executive

Laird, the electrical components manufacturer, has poached David Lockwood from BT Global Services to be its new Chief Executive.

This completes a search that has been going on since November, when former CEO Peter Hill stepped down due to illness.

The company said that Lockwood brought considerable experience of a variety of market and technology sectors relevant to its businesses, particularly in wireless communication.

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His previous jobs include roles at GPT (Marconi), BAE Systems, Intense Limited, a phototonics high-tech start-up, and defence firm Thales.

His most recent post was Vice President Global Defence & Security at BT Global Services, where he was responsible for products for UK and international defence departments and security agencies, as well as defence contractors.

Nigel Keen, Laird's Executive Chairman, welcomed the appointment.

"His breadth of experience and knowledge of the markets in which Laird operates will help us to drive Laird forward and deliver on our medium to long-term targets," he said.

Nigel Keen, who had been serving as interim CEO would return to his former role as non-executive Chairman of Laird, the company said.