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Rolls-Royce Announces Board Changes LONDON (dpa-AFX) - Automobile major Rolls-Royce Holdings Plc (RYCEF.PK, RR.L, RYCEY.PK) on Thursday announced the appointment of Paul Adams as a Non-Executive Director. He will join the Board with immediate effect and be a part of the Nominations & Governance Committee, the Safety, Ethics & Sustainability Committee and the Science & Technology Committee. Separately, the company announced that Board members Lewis Booth, Frank Chapman and Jasmin Staiblin would step down from the Board on May 13 and would not stand for re-election at the Annual General Meeting or AGM. Both Booth and Chapman completed their nine-year terms in 2020 and were re-elected by shareholders at last year s AGM. Staiblin would be completing her nine-year term in May this year. ....
The Ford Motor Company Fund is awarding the first grants from the Booth Schoch Future Success Fund to budding entrepreneurs at the Ford Resource and Engagement Centre (FREC) in South Africa. The winners are all FREC program graduates who will share $10,000 in grants to advance their businesses. They have completed the Entrepreneurship Program to start in-home businesses or were in the Early Childhood Development training and certification program to establish After School Care Centres. Benna Deese, Manager, Global Development, Ford Fund: “We’re inspired by the drive and dedication shown by students in these FREC programs as they carve out a more prosperous future for themselves and the community. Our community empowerment initiatives can really make a difference toward making people’s lives better.” ....
• The company is intent on assisitng budding entrepeneurs whose focus is on early childhood development. • The FREC invests $100 000 annually in business and job training courses and has trained more than 300 people in accredited courses with no cost to participants. The education system in South Africa has many critics. But the long and short of it is that children are not given equal access to education from a young age all the way to matric and this severely affects their lives after leaving school. Early Childhood Development (EDC) is the most important function of providing younger children with a good foundation to continue their development in primary and high school. ....