Rolls-Royce’s CEO Rishton to retire, Warren East to succeed

By on April 22, 2015

LONDON (Reuters) – Rolls-Royce Holdings (RR.L), the British maker of aircraft engines, said its Chief Government John Rishton would retire in July, and be succeeded by Warren East, the former chief of england’s greatest listed expertise firm ARM (ARM.L).

East, who has been a non-Government director of Rolls-Royce in view that January 2014, used to be chief Executive of ARM between 2001 and 2013, and oversaw the expansion of the Cambridge-based totally agency into a number one developer of chips for corporations like Apple.

Rishton, who stands down on July 2 to are looking for a change in standard of living, has been chief Government of Rolls-Royce because 2011, overseeing a tough duration for the corporate.

(Reporting with the aid of Paul Sandle; editing by means of Kate Holton)

Reuters: Trade Information

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