– UK, London – Babcock International Group PLC (LON: BAB), the aerospace and defence company, today announced the appointment of David Lockwood as CEO, succeeding Archie Bethel, who announced his intention to retire.
David will join the Company and the Board on 17 August 2020 as CEO designate and will become CEO on 14 September 2020, at which point Archie will step down from the Board.
“I am delighted to welcome David to the Company. He brings wide-ranging knowledge of the defence and aviation markets, as well as a wealth of experience in both technology and innovation. His skills and industry expertise will help ensure the delivery of our operational performance and strategic objectives.” said Board Chair, Ruth Cairnie.
She added: “I would like to thank Archie for his outstanding contribution to Babcock over 16 years. He enhanced our deep relationship with our customers, reflected in our record order book and pipeline, and made significant progress in internationalising the Company and streamlining our portfolio. We have been very fortunate to have a leader with such a profound knowledge of the business. Archie will retire from the Board with our very best wishes and our sincere appreciation for everything he has achieved.”
About David Lockwood
David was previously CEO of Cobham plc, one of the UK’s largest defence companies and a leading global technology and services innovator. Prior to that, he was CEO of Laird PLC, an FTSE 250 technology company, from 2012 to 2016.
His career includes senior management roles at BT Global Services, BAE Systems and Thales Corporation. David has a Degree in Mathematics from the University of York and is a chartered accountant. He is a Fellow of the Royal Aeronautical Society and the Royal Society of Arts and Commerce. He received an OBE for services to industry in Scotland in 2011.
David Lockwood said: “I am looking forward to joining Babcock, a company I have long respected, which makes such an important contribution to the critical markets it serves. This is an exciting opportunity to position Babcock for further success and future growth, and to make full use of technology and innovation to support customers in the UK and internationally.”
For more information: https://www.babcockinternational.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
