Rolls-Royce Appoints Ian Davis as Chairman

Rolls-Royce, the global power systems company, has confirmed that Ian Davis will succeed Sir Simon Robertson as Chairman.

Ian Davis will join the Board as a non-executive Director on 1 March 2013, and take over from Sir Simon at the conclusion of the Annual General Meeting on 2 May 2013.

Ian Davis spent more than thirty years with McKinsey & Company, including six as Chairman and Worldwide Managing Director. He serves, as a non-executive Director, on the Boards of BP and Johnson & Johnson and is a non-executive member of the Cabinet Office Board.

Sir Simon Robertson said, “It has been a privilege and pleasure to lead Rolls-Royce through eight years of continuous growth. This is an exceptional company with exceptional prospects. I would like to welcome Ian onto the Board. I am pleased to know I shall be succeeded by a man of his stature and international experience. I would like to thank my fellow Board members, the management and the wider Rolls-Royce team for their commitment and support.”

On appointment as non-executive Director, Ian Davis will also join the nominations committee. He currently holds no shares in Rolls-Royce Holdings plc.