Aerospace giant Rolls-Royce has named former BP executive Tufan Erginbilgic as its new chief executive.
Mr Erginbilgic will take over from Warren East on January 1. Mr East, who announced his departure in February, is stepping down after eight years at the helm.
Earlier this year, Mr East said he was confident Rolls-Royce had a “sustainable future” and would emerge from the pandemic a “more resilient” business. The company, which has UK sites in Derby and Filton, near Bristol, swung back into the black in February, with profits of £124m - up from a £3.1bn loss a year earlier.
