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.
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.
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
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.
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Going part-time could leave a £58,000 hole in your pension: how to plug the gap
There are many reasons for switching to part-time work, but some savers don’t consider the impact on their pension until it is too late
By Katie Williams Published
-
Three bargain investment trusts to add to your portfolio
These three investment trusts are bargains compared to their net asset value (NAV), but one fund analyst thinks the deep discounts are unwarranted.
By Dan McEvoy Published