– UK, London – Rolls-Royce (LSE:RR), today announces the appointment of Bradley Singer as a Non-Executive Director. He will join the Board with immediate effect and will become a member of the Science and Technology Committee.
Brad is a Partner and Chief Operating Officer of ValueAct Capital, the San Francisco based Investment Company. ValueAct Capital is currently the largest investor in Rolls-Royce with a shareholding of 10.8%. Before joining ValueAct Capital, Brad had been Senior Executive Vice President and Chief Financial Officer of Discovery Communications, Inc. and Chief Financial Officer and Treasurer of American Tower Corp. Prior to these appointments, he worked as an investment banker at Goldman Sachs in New York and London. He is a Director of Motorola Solutions, Inc. and a former Director of Martha Stewart Living Omnimedia, Inc. and Citizens Communications Corp. His appointment follows the standard rigorous selection process that applies to all Non-Executive Directors of Rolls-Royce.
Ian Davis, Chairman of Rolls-Royce, said: “Bradley Singer has an outstanding record as a business leader. He brings with him experience of public companies during periods of change, growth and significant financial outperformance, particularly in the US where Rolls-Royce has important business interests and a significant shareholder base. I look forward to working closely with Brad as a Director of Rolls-Royce.”
Bradley Singer said: “I have been deeply impressed with the senior leadership team and Directors of Rolls-Royce and their commitment to improving their operations to match the company’s world-class product portfolio and engineering capabilities. It is a privilege to be joining the Board and I look forward to working closely with the Board members and management team as they execute their plans for sustained long-term success.”
About Rolls-Royce Holdings plc
Rolls-Royce’s vision is to be the market-leader in high performance power systems where our engineering expertise, global reach and deep industry knowledge deliver outstanding customer relationships and solutions. We operate across five businesses: Civil Aerospace, Defence Aerospace, Marine, Nuclear and Power Systems.
Rolls-Royce has customers in more than 120 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.
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