7th Feb 2007 16:12
7th February, 2007 CHANGES TO THE ROLLS-ROYCE GROUP PLC BOARD
Rolls-Royce has appointed Professor Peter Gregson and John Rishton as non-executive directors. They will join the Board with effect from 1 March 2007.
Professor Peter Gregson is President and Vice Chancellor of Queen's University Belfast and John Rishton is Chief Financial Officer of Royal Ahold, having formerly served on the Board as Chief Financial Officer at British Airways.
Simon Robertson, Chairman of Rolls-Royce, commented, "We are delighted that Peter Gregson and John Rishton will be joining our Board. Peter will be able to bring to bear his understanding of technology issues, and John has extensive knowledge of international business and the aviation industry which will be particularly valuable to Rolls-Royce".
Rolls-Royce also announced that Sir John Taylor will be retiring as a non-executive director on 1 May 2007 as he will no longer be able to commit the time he believes will be required by the Board in the coming years. Simon Robertson commented, "We are very grateful to Sir John for the contribution he has made to the Group over the period he has served on our Board".
Biographies of Professor Peter Gregson and John Rishton are attached.
For further information:
Caroline Harris
Director of Corporate Communications
Rolls-Royce plcTel: +44 (0) 207 227 9307Fax: +44 (0) 207 227 9178
Email: [email protected]
John Rishton CFO Royal Ahold Work HistoryRoyal Ahold
2006 - To date CFO Royal Ahold, member of Executive Board.
Allied Domecq (Non-Exec)
2003 - 2005: Non Executive Director; Chairman of Audit Committee, member of Remuneration Committee and Nominations Committee. Board member until Allied sold to Pernod.
British Airways
2001 - 2005: CFO British Airways. Member of BA Board. Member of BA Leadership Team. Responsible for Finance function (including Procurement and Business Planning).
1999 - 2001: Commercial Controller responsible for providing financial support to the Commercial activities (sales, marketing, alliances, cargo).
1998 - 1999: Operations Controller responsible for providing support to Operational areas (ground operations at Heathrow, Gatwick and regional airports, cabin crew, flight crew, property).
1996 - 1998: Sales Controller (reporting to Commercial controller) - responsible for financial support to worldwide sales.
1994 - 1996: Financial Controller North America. Based in New York. Responsible for all financial aspects of US operation including sales, customer service and engineering.
Ford Motor Company
1993 - 1994: Finance Director Ford Spain.
1991 - 1993: Finance Director Ford Portugal.
1989 - 1991: Finance Manager, Labour and Overhead (L&O). Based in European HQ responsible for analysis of L&O for all European manufacturing plants
1979 - 1989 Other senior positions in the Ford Motor Company
Qualifications
Fellow of Chartered Institute of Management Accountants
Economics Degree Nottingham University (1976 - 1979)
Professor Peter J Gregson FREng, FIEI President and Vice-Chancellor, Queen's University Belfast
Professor Gregson has been President and Vice-Chancellor of Queen's University Belfast since 2004. He serves on the Northern Ireland Economic Development Forum, the Council of CBI Northern Ireland and the Steering Group of the US - Ireland Research and Development Partnership.
Educated at Imperial College London where he was awarded the Bessemer Medal and the Matthey Prize, Peter Gregson was appointed to the academic staff at the University of Southampton in 1983, progressing to Professor of Aerospace Materials in 1995 and Deputy Vice-Chancellor in 2000.
Professor Gregson has received the Donald Julius Groen Prize of the Institution of Mechanical Engineers (1994) and the Rosenhain Medal and Prize of the Institute of Materials (1996) in recognition of his research on advanced aerospace aluminium alloys. He was elected Fellow of the Royal Academy of Engineering in 2001 and to the Council in 2005. He was appointed to the Council of CCLRC in 2003.
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