Latest News | 10 June 2021
Rolls-Royce to appoint first female chair
Rolls-Royce has announced it is to appoint its first female chair in its history.
Anita Frew has been named as the group’s chair designate, taking over from Sir Ian Davis, who will retire in October after almost nine years as chairman.
Anita, who is currently chair of science, technology and chemicals group Croda plc, will join the Rolls-Royce board from 1 July.
Rolls-Royce has its civil aerospace and defence divisions in Derby and remains the city’s largest private sector employer.
Sir Ian Davis said: “Rolls-Royce is a pioneering company with tremendous potential and it has been a huge privilege and responsibility to be its chairman.
“I am immensely grateful to my fellow board members for their support and hard work during my tenure as chairman.
“I wish Anita every success as she joins the Board at a very exciting time for Rolls-Royce as we deliver a more sustainable agenda.”
At its civil aerospace site in Sinfin, Rolls-Royce is focussed on developing more sustainable aero engines and fuels.
Recently, the firm officially opened the world’s largest and smartest indoor aerospace engine testbed at Derby, costing £90 million.
Warren East, chief executive of Rolls-Royce, said: “I would like to thank Ian for his steadfast leadership, guidance and unwavering support during a crucial period for the group, both strategically and operationally.
“Ian has played a key role in contributing to Rolls-Royce's future and on behalf of the executive team and all our employees, I would like to wish him well for the future.
“I am delighted to welcome Anita to Rolls-Royce, with her extensive experience and leadership I look forward to working with her.”
Until recently, Anita was the deputy chairman and senior independent director of Lloyds Banking Group Plc and has also held chair and board roles in companies in industrial, engineering and utilities sectors.
She said: “It is an honour and privilege to join the board of Rolls-Royce and to succeed Sir Ian as chairman.
“I look forward to working with the board, Warren East and the leadership team to support the next stage of the group's development.”
Sir Kevin Smith, senior independent director at Rolls-Royce, said: “The company conducted a comprehensive search and Anita emerged as the outstanding candidate.
“She brings a wealth of experience from two decades of board appointments both in the UK and internationally.
“Her skills and reputation with investors and government institutions will be invaluable to the group.”