– UK, London – Rolls-Royce Holdings (LON: RR) today announced the appointment of Paulo Cesar de Souza e Silva to its Board as a Non-Executive Director with effect from 1 September 2023.
“I am delighted to welcome Paulo to the Rolls-Royce Board. He has deep expertise in the aerospace industry, a broad international mindset, and will bring a wealth of strategic, commercial, and operational experience to our discussions,” said Board Chair, Dame Anita Frew.
Paulo will also join the Nominations, Culture & Governance Committee, and the Safety, Energy Transit, ion, and Tech Committee.
About Paulo Cesar de Souza e Silva
Paulo has an outstanding track record in the global aerospace industry with over 25 years of experience at Embraer, the third largest commercial jets manufacturer with operations in the US, EU, Brazil, and China. He was President & CEO of Embraer’s Commercial Aviation division, before becoming President & CEO of the Group in 2016.
As President & CEO, he led Embraer through major strategic change, successful innovation in product development and programs, significant improvement in operational efficiency and supply chain optimization, and successful industry partnerships.
Since he retired from Embraer in 2019, he has acted as an advisor and board member and is currently a non-executive director of Cemig, the major power company in Brazil, listed in Brazil, the US, and Spain.
Paulo Cesar said: “I am delighted to be joining the Rolls-Royce Board, having worked closely with the Company whilst at Embraer. I look forward to bringing my international aerospace expertise to the role and contributing during a time of significant change for the Company.”
The Company also announces that Paul Adams, a Non-Executive Director of the Company, will step down from the Board on 1 September 2023 having served since March 2021.
About Rolls-Royce
Rolls-Royce develops and delivers complex power and propulsion solutions for safety-critical applications in the air, at sea, and on land. Our products and service packages enable our customers to connect people, societies, cultures, and economies; they meet the growing need for power generation across multiple industries; and enable governments to equip their armed forces with the power required to protect their citizens.
Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces and navies, and more than 5,000 power and nuclear customers. We are committed to making our products compatible with net zero carbon emissions to meet customer demand for more sustainable solutions.
The annual underlying revenue was £12.69 billion in 2022, and the underlying operating profit was £652m.
Source: https://www.rolls-royce.com/
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