- Breaking News Visitors trapped after hearing bang at world's tallest tower
- Breaking News Reid 'made pound(s)22,000 profit' from advisory work
- Breaking News US assault paves way for major attack on Taliban stronghold
- Breaking News Who will be the fall guy if we do it all again in the autumn?
BAE Systems boss to leave in 2008
0 Comments | AFP, October, 2007
LONDON (AFP) — British defence group BAE Systems said Tuesday that Mike Turner would step down as chief executive next year.
"BAE Systems announces that Mike Turner will be stepping down as chief executive officer and leaving the board at the end of August 2008," the group said in a statement.
The company has already begun the process of appointing a successor, it added.
Turner said he had decided to retire from the company next year when he reaches his 60th birthday -- after serving the group for 42 years. He has been chief executive for the last five and a half years.
"I am pleased to be leaving a great company in such excellent financial shape and with a strong forward strategy and robust business plan," he said in the statement.
© 2007 AFP
- Getting to the root of beautiful hair: shiny, silky hair begins with a healthy scalp - includes list of resources and a recipe for an herbal scalp tonic
- Made from scratch: When Honda built a plant in Alabama it also built a workforce-using local workers who had no experience in making cars - Recruitment & Hiring
- Industry Experts Launch Money Management Resources to Help People Overcome Debt and Learn Proper Money Management Practices
- SmartDisk's New VST Flash Media Reader(TM) Reads SmartMedia(TM), CompactFlash(TM) From A Single Desktop Unit
- FDA Approves REMICADE(R) for Ninth Indication: Psoriatic Arthritis
- Organizational structure and the delivery of primary care to older Americans
- Author Takes the Pat Robertson Weight-Loss Challenge
- Synthetic Biology Taps DNA'S Business Potential