Chairman to step down at BAE

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A NEW chairman will be at the helm of BAE Systems from the beginning of next year.

Sir Roger Carr will join the defence giant’s board as non-executive director and chairman designate from October this year, and will succeed current chairman Dick Olver from the early part of 2014.

Sir Roger, 66, is currently chairman of Centrica plc and was until recently president of the CBI, the UK’s main business lobbying group.

He is also deputy chairman and senior independent director of the Court of the Bank of England and a member of the Prime Minister’s Business Advisory Group.

Sir Roger said: ‘I feel privileged to be offered this role and look forward with real enthusiasm to working with the board in shaping the future of this great company.’

Mr Olver praised BAE Systems’ staff, saying they ‘form a remarkable pool of trained, expert talent’.