Rolls Royce Names This PE Partner As New Chief From January; Analysts Give Thumbs Up

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  • Rolls Royce Holdings plc (OTC: RYCEY) named Tufan Erginbilgic, a private equity partner and former BP plc (NYSE: BP) executive, to succeed Warren East as the CEO, effective January 1.
  • East, on February 24, disclosed his intention to step down at the end of this year.
  • Erginbilgic, 62, is a partner at Global Infrastructure Partners, a private equity firm that focuses on large-scale investments in infrastructure businesses. 
  • “He has extensive strategic and operational experience and a firm understanding of safety-critical industries, including aerospace, as well as the challenges …

Full story available on Benzinga.com

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