Company Announcements

Executive Director - additional responsibilities

Source: RNS
RNS Number : 2595V
BAE SYSTEMS PLC
01 November 2017
 

BAE Systems plc

 

 

CHANGE OF EXECUTIVE BOARD MEMBER RESPONSIBILITES

 

As previously announced pursuant to ‎Listing Rule 9.6.11 (3) Peter Lynas, Group Finance Director, assumes an expanded role and increased responsibilities, effective today.

 

In addition to existing responsibilities leading the Group Finance function including Treasury, Tax, Financial Reporting and Investor Relations, the expanded role will include responsibility for UK Shared Services, Procurement and Group Mergers & Acquisitions. Consequently, his base salary will increase by 6.9% to £626,000 per annum, with immediate effect.

 

Peter continues as Executive Board Director and member of the Executive Committee. 

 

 

 

For more information:

Media

Rowan Pearman
M: +44 (0)7721 1077116
E: rowan.pearman@baesystems.com

 

Investors

Martin Cooper
T: + 44 (0)1252 383040
E: investors@baesystems.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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