BAE Systems names Roger Carr as new Chairman

12th Jun 2013 07:05

Defence, aerospace and security giant BAE Systems has named Roger Carr as its new Chairman, starting from October this year.Carr, 66, will succeed Dick Olver in the first quarter 2014, following a transition period, the company said in a statement. Carr is currently Chairman of Centrica and was until recently President of the CBI. He is also Deputy Chairman and Senior Independent Director of the Court of the Bank of England and a member of the UK Prime Minister's Business Advisory Group. Carr will step down as Chairman of Centrica on or before the Centrica AGM in 2014.BAE Systems' Senior Independent Director Nick Rose commented: "Sir Roger Carr is the unanimous choice of the Nominations Committee and his proposed appointment has been warmly endorsed by the entire Board.""He is an outstanding candidate with two decades' Board-level experience at the top of UK industry. His skills, reputation and relationships with investors and government ministers will be of considerable value to the Company both at home and abroad."The new appointment comes as the defence firm tries to move on from its failed £30bn merger bid with European rival EADS.