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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Rolls-Royce is a ‘burning platform’ that must transform, says new CEO

Tufan Erginbilgic RollsRoyce
Rolls-Royce engine of the first Fiji Airways A350 XWB airliner is seen at the aircraft builder's headquarters of Airbus near Toulouse, France, in 2019
An aircraft engine manufactured by Rolls-Royce. The company relies on its civil aerospace business for 40% of revenues. Photograph: Régis Duvignau/Reuters

The new chief executive of Rolls-Royce has told staff that the engineering company is a “burning platform” that must transform to survive.

Tufan Erginbilgic, the former BP executive who replaced Warren East as chief executive at the start of January, said the coronavirus pandemic could not be blamed for what in reality was a perennial underperformance of the business compared with rivals.

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