Business
Directorate Change
Directorate Change.
About this update from Rolls-royce Holdings Plc
[{"type":"text","content":"\n\n2 August 2023\nRolls-Royce Holdings plc\n \nDIRECTORATE CHANGES\n \nRolls-Royce Holdings (the Company) is pleased to announce that it will appoint Paulo Cesar de Souza e Silva as a Non-Executive Director with effect from 1 September 2023. On joining the Board, Paulo will be appointed to the Nominations, Culture & Governance Committee and the Safety, Energy Transition and Tech Committee.\nPaulo has an outstanding track record in the global aerospace industry with over 25 years' experience at Embraer, the third largest commercial jets manufacturer with operations in the US, EU, Brazil and China. He was President & CEO of Embraer's Commercial Aviation division, before becoming President & CEO of the Group in 2016.\nAs President & CEO, he led Embraer through major strategic change, successful innovation in product development and programmes, significant improvement in operational efficiency and supply chain optimisation and successful industry partnerships.\nSince his retiral from Embraer in 2019, he has acted as an advisor and board member and is currently a non-executive director of Cemig, the major power company in Brazil, listed in Brazil, US and Spain.\nDame Anita Frew said: \"I am delighted to welcome Paulo to the Rolls-Royce Board. He has deep expertise in the aerospace industry, a broad international mindset and will bring a wealth of strategic, commercial and operational experience to our discussions.\"\nPaulo Cesar added: \"I am delighted to be joining the Rolls-Royce Board, having worked closely with the Company whilst at Embraer. I look forward to bringing my international aerospace expertise to the role and contributing during a time of significant change for the Company.\"\nThe Company also announces that Paul Adams, a Non-Executive Director of the Company, will step down from the Board on 1 September 2023 having served since March 2021. Dame Anita Frew, Chair, said: \"I would like to thank Paul for his contribution to the Board during his tenure as a Non-Executive Director. He has provided a valuable contribution to both the Board discussions and in his role as Chair of the Science & Technology Committee. We wish him all the best for the future.\"\n \n \nFor further information please contact:\nPamela Coles, Chief Governance Officer\[email protected]\n \n&...