FORMER DIAGEO CFO Nick Rose has been appointed senior independent director at BAE Systems.
Rose, who has served as a non-executive at the defence business since 2010 and been its audit committee chairman since August 2011, will take over from Sir Peter Mason, who steps down on 21 January 2013.
He has also joined the board’s nomination committee with immediate effect. Rose serves as a non-executive at BT Group and is chairman of Williams Grand Prix Holdings and Edwards Group.
Dick Olver, chairman, said: “I am very pleased that Nick Rose has agreed to succeed Sir Peter Mason as our senior independent director. This is an important role and I’m sure that Nick will play his part in ensuring that we continue to comply with the highest standards of corporate governance.”
Picture: © 2010 BAE Systems
BHS auditor PwC questioned over why it described the embattled retailer as a 'going concern' days before it was sold for £1
KPMG raised concerns over Retail Acquisition's ability to continue to trade and fund both BHS
Grant Thornton adds another partner to its ranks, appointing a 20-year veteran to its Actuarial and Risk team
Queen's Speech legislation aims to crackdown on financial crime and protect those who have money in some auto enrolment schemes