29th Oct 2015 12:00
The Board of BAE Systems plc is pleased to announce the appointment of Elizabeth Corley as a non-executive director of the Company with effect from 1 February 2016.
Elizabeth Corley has served as Chief Executive of Allianz Global Investors since 2012, and announced recently that she will be stepping back from this role to take on a position with AllianzGI as vice chair on a part time non-executive basis with effect from March 2016. Prior to joining Allianz in 2005, Elizabeth spent eleven years working at Merrill Lynch Investment Managers (formerly Mercury Asset Management). She was previously a partner with Coopers & Lybrand.
She is currently a non-executive director of Pearson plc, a position she has held since May 2014. In addition, she is a non-executive director of the UK Financial Reporting Council, and of the supervisory board of Euler Hermes, is a member of the European Securities and Markets Authority's stakeholder group and an advisory council member of TheCityUK Limited.Sir Roger Carr, Chairman of BAE Systems plc said: "I am delighted to welcome Elizabeth Corley to the BAE Systems Board. She is a business woman who in recent years has made a notable contribution to the investment industry and UK business in general. We very much look forward to her joining us."
Elizabeth Corley has no details to disclose under Listing Rule 9.6.13.
Following her appointment, the BAE Systems plc Board will comprise the following individuals:
Chairman
Sir Roger Carr
Executive Directors
Ian King
Jerry DeMuro
Peter Lynas
Independent Non-Executive Directors
Elizabeth CorleyHarriet GreenChris GriggNick Rose (Senior Independent Director)Paula Rosput ReynoldsIan Tyler
29 October 2015
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