Hints and tips:
...While the restructuring done by his predecessor Warren East during the pandemic had been the “right thing to do” to stem the outflow of cash, his only criticism is “that they didn’t do it across the group...
...The Turkish-British national took over from Warren East at the start of January with a brief to improve Rolls-Royce’s performance....
...When Erginbilgic took over from his predecessor Warren East, he joined with a reputation as a formidable operator....
...A previous revamp under former chief executive Warren East, when the Covid pandemic severely hit Rolls-Royce’s civil aerospace business that makes large passenger jet engines, set out to shed 9,000 frontline...
...The former BP executive has moved quickly to make his mark on the company since taking the helm from Warren East at the start of the year.In January, Erginbilgic delivered an unflinching assessment of the...
...Warren East, Erginbilgic’s predecessor who steered Rolls-Royce through the Covid-19 pandemic that led to the grounding of most of the world’s global aircraft fleet, by comparison received £3.83mn in 2022...
...Tufan Erginbilgic, who succeeded Warren East in January, said on Thursday that the group could deliver “materially higher profit, cash flows and returns”....
...The move by Erginbilgic, who last month described the group as a “burning platform”, is expected to shake up the engineer again, just as the group is emerging from an overhaul by his predecessor Warren East...
...Investors and analysts expect the 63-year-old oil industry veteran, who took over from Warren East at the start of January, to launch a strategic review alongside the company’s full-year results next month...
...This past summer, the company’s longstanding chief executive Eileen Drake defeated a proxy contest led by the then-executive chair of Aerojet, Warren Lichtenstein....
...Warren East, outgoing chief executive of the FTSE 100 engineer, on Thursday said the debt repayment marked a “milestone recovery” in the strength of its balance sheet and a “clear step on our path back to...
...Warren East, the outgoing chief executive of the FTSE 100 group whose engines power the Airbus A350 and Boeing 787, said it was well positioned to weather the uncertain pace of the aviation industry’s recovery...
...The FTSE 100 engineering group, whose engines power wide-body planes used for long-haul flights, said on Tuesday that Tufan Erginbilgic would take over from Warren East in January....
...At a shopping mall near Clackamas, Oregon, a new recruitment centre is trying to sign up workers for a Warren Buffett-owned company that makes jet engine parts....
...Warren East, the outgoing chief executive of Rolls-Royce, has insisted the company’s recovery remains on track, despite missing profit expectations and battling supply chain and inflation headwinds....
...Rolls-Royce has named a former executive of oil group BP and partner at a private equity group as its new chief executive to succeed Warren East....
...Warren East, the outgoing chief executive of Rolls-Royce, struck an upbeat tone about the engineering group’s prospects on Thursday, telling investors a gradual improvement in flying had helped trading this...
...The FTSE 100 industrial group is in the final stages of choosing a successor to Warren East, who will leave at the end of the year after running the group since 2015....
...Three of the aero-engine maker’s biggest shareholders, including two in the top-15, told the Financial Times that Warren East’s successor needed to be a proven operator who should focus on making the company...
...The 62-year-old, a dual Turkish and UK citizen, will replace Warren East as chief executive in January....
...Shares in Rolls-Royce plunged on Thursday after the UK engineering champion said chief executive Warren East is to step down later this year after a turbulent time at the helm....
...Global supply chain constraints mean the industry is also struggling to source critical components, with lead times in some cases having doubled or tripled, according to Warren....
...Warren East, the outgoing chief executive of Rolls-Royce, saw his remuneration rise close to pre-pandemic levels last year after securing an annual bonus of £2.89mn under a new incentive scheme....
...In a memo to staff outlining the offer, Warren East, Rolls-Royce chief executive, said: “We are living through exceptional times, with economic uncertainty largely driven by the continuing impact of the...
...The rejection comes 24 hours after Rolls-Royce chief executive Warren East made the offer to 14,000 of its staff and highlights workers’ concerns over the biggest squeeze on their incomes since the 1950s...
International Edition