BAE recruits chief from own ranks; in association with RBS.DEFENCE group BAE Systems BAE Systems British manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems. has named chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Ian King This article is about the CEO of BAE System; for the moral philosopher Iain King go here (disambiguation). Ian King is the Chief Operating Officer (COO) of BAE Systems, responsible for all of the company's business outside of the United States. as its next chief executive. Mr King, 52, will replace Mike Turner in the top job at the beginning of September. The announcement ends the uncertainty over who would next head the world's third-largest defence company. Mr Turner's retirement after more than 40 years' service was announced last October. Mr King joined defence company Marconi in 1976 as a graduate, 23 years before its merger with British Aerospace formed BAE Systems. Portsmouth Football Club fan Mr King, who lives in the city, will be in charge of nearly 100,000 employees around the world, including hundreds at the former Armstrong tank factory in Scotswood Road, Newcastle. BAE chairman Dick Olver said: "Ian is a highly experienced business leader with a proven track record in our key home markets. "His performance focus and depth of knowledge of the global defence industry will benefit the continued progression of the successful strategy that has been pursued by the company during the course of Mike Turner's leaders hip." CAPTION(S): LONG SERVICE BAE Systems chief operating officer Ian King will be its next chief executive. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion