BAE brings in Diageo FD as non-exec

BAE Systems has brought Diageo CFO Nick Rose on board as a non-executive director.

Rose has served as CFO since 1999, and has non-execed at Moet Hennessy and Scottish Power.

"He has excellent global business expertise and boardroom experience that will be a great asset to us and further strengthen our board," said BAE chairman Dick Olver.

On Friday BAE paid out nearly £300m in fines to the US and UK authorities in relation to failing to keep accurate accounting records and making false statements.

Further reading:

BAE to pay £30m accounting fine in SFO deal