Engine Maker Rolls Royce News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Engine-maker Rolls Royce has appointed its first female chair in a 115-year history as it handed outstanding candidate Anita Frew the £490,000-a-year job. Ms Frew, 63, is currently chair of chemicals group Croda and used to be deputy chairman at Lloyds bank.  The mother-of-one will join the board at Rolls on July 1 and succeed incumbent chairman Sir Ian Davis on October 1. Sir Ian is retiring after almost nine years in the role and Rolls reportedly kicked off the hunt for his replacement last December. Rolls said Ms Frew, 63, emerged as the outstanding candidate after a comprehensive search. She will be taking on a salary of £490,000-a-year for the part-time role, which is 25 per cent more than that paid to Sir Ian last year.

United kingdomJohn rishtonMartin sorrellIan davisWarren eastKevin smithAnita frewLloyds banking groupRolls royceRoyal bankEngine maker rolls royceSir ian davisSir ianLloyds bankingSir martin sorrellRolls royce motor cars