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BAE Systems PLC (BAES.L)

BAES.L on London Stock Exchange

637.00GBp
18 Feb 2020
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Summary

Name Age Since Current Position

Roger Carr

69 2014 Non-Executive Chairman of the Board

Gerard DeMuro

61 2014 President and Chief Executive Officer, Executive Director

Charles Woodburn

46 2017 Chief Executive, Executive Director

Peter Lynas

60 2011 Group Finance Director, Executive Director

Gary Barnes

2018 Finance Director

Thomas Arseneault

2019 Chief Operating Officer, Director

David Parkes

Company Secretary

John Ponsonby

2018 Non-Executive Director

Revathi Advaithi

51 2018 Non-Executive Independent Director

Elizabeth Corley

63 2016 Non-Executive Independent Director

Harriet Green

54 2010 Non-Executive Independent Director

Christopher Grigg

2013 Non-Executive Independent Director

Stephen Pearce

55 2019 Non-Executive Independent Director

Nicole Piasecki

56 2019 Non-Executive Independent Director

Paula Reynolds

62 2011 Non-Executive Independent Director

Ian Tyler

58 2013 Non-Executive Independent Director

Biographies

Name Description

Roger Carr

Sir Roger Carr is Non-Executive Chairman of the Board of BAE Systems PLC. He joined the Board in 2013, Sir Roger was appointed Chairman in 2014. He is an experienced company chairman with a wealth of knowledge gained across a number of business sectors. With over two decades of boardroom experience, Sir Roger has a deep understanding of corporate governance and what is required to lead an effective board. Sir Roger is a Senior Advisor to KKR and Chairman of the English National Ballet. In 2018, he was appointed as co-chair of the Industrial Infrastructure and Manufacturing Council, an advisory council to the Prime Minister. He has previously held a number of senior appointments including Chairman of Centrica plc, Vice Chairman of the BBC Trust, Deputy Chairman and Senior Independent Director of the Court of the Bank of England, President of the Confederation of British Industry, Chairman of Cadbury plc, Chairman of Chubb plc, Chairman of Mitchells & Butlers plc, Chairman of Thames Water plc and Chief Executive of Williams plc. Throughout his career he has served on a number of external committees including the Prime Minister’s Business Advisory Group, the Manufacturing Council of the CBI, The Higgs Committee on Corporate Governance and Business for New Europe. He is a Fellow of the Royal Society for the encouragement of Arts, Manufactures and Commerce, a Companion of the Institute of Management, and an Honorary Fellow of the Institute of Chartered Secretaries and Administrators. He is also a Visiting Fellow of Saïd Business School, University of Oxford and holds an Honorary Doctorate in Business from Nottingham Trent University. He was knighted for Services to Business in the Queen’s New Year’s Honours list 2011.

Gerard DeMuro

Mr. Gerard J. DeMuro Jr. has been appointed as Executive Vice President of the Company effective 3/31/2020., a subsidiary of BAE Systems plc. He was appointed to the Board on 1 February 2014 as President and Chief Executive Officer of BAE Systems, Inc., Jerry is an experienced US executive who has worked in the national security, technology and aerospace industry for over 30 years. Prior to joining the Company, he served as executive vice president and corporate vice president of General Dynamics’ Information Systems and Technology Group. Earlier in his career, he spent almost a decade as an acquisition official at the US Department of Defense. Jerry has been actively involved with several associations and non-profit organisations, including the Aerospace Industries Association, where he is currently a member of its Executive Committee, the Association of the United States Army, the MILCOM Conference Board, and AFCEA International, where he served on the Board of Directors as an Executive Committee member and as chair of the Audit Committee.

Charles Woodburn

Dr. Charles N. Woodburn is a Chief Executive, Executive Director of the Company. He joined BAE Systems in May 2016 as Chief Operating Officer and succeeded Ian King as Chief Executive on 1 July 2017. Prior to joining the Company, he spent over 20 years in the oil and gas industry, holding a number of senior management positions in the Far East, Australia, Europe and the US. He joined the Company from the oilfield services business, Expro Group, where he served as Chief Executive Officer. Prior to that, he spent 15 years with Schlumberger Limited.

Peter Lynas

Mr. Peter J. Lynas is a Group Finance Director, Executive Director of BAE systems plc. He is a qualified accountant, was appointed to the Board as Group Finance Director in 2011. He previously served for a number of years as Director, Financial Control, Reporting & Treasury. He joined GEC-Marconi in 1985 having previously worked for other companies in the UK and Europe. After progressing through a number of positions, he was appointed Finance Director of GEC’s Marconi Electronic Systems business, which was subsequently acquired by British Aerospace in 1999 to become BAE Systems. He is a Non-executive director of SSE plc and chairman of its audit committee.

Gary Barnes

Mr. Gary Barnes has been appointed as Finance Director of the Company. With over 21 years' accounting experience, Gary Barnes was promoted from Group Financial Controller to Head of Finance in March 2017. In this role, Gary has been responsible for operational oversight of all financial matters and has reported direct to the Board.

Thomas Arseneault

Mr. Thomas Arseneault has been appointed as President, Chief Executive Officer, Director of the Company effective 4/1/2020. He is currently President & Chief Operating Officer of BAE Systems, Inc., responsible for driving business and functional performance and delivering key business objectives across the enterprise. BAE Systems, Inc. is the company's US-based division with more than 33,000 employees and sales of approximately $10.8 billion in 2018. As President & COO, Tom Arseneault serves as deputy to CEO Jerry DeMuro. Tom Arseneault is an officer director on the BAE Systems, Inc. Board of Directors, and he is also a member of the Executive Committee of BAE Systems plc, on which he leads the Program Management Cross Enterprise Council and shares leadership duties in overseeing the global supply chain. Throughout his career, Tom Arseneault has consistently demonstrated his ability to lead complex organisations responsible for fulfilling critical and technologically challenging missions. Most recently he served as COO for the Inc. organisation and was integral to its return to profitable growth. Before serving as COO, he was president of the company's Electronic Systems sector, responsible for the segment's operations spanning commercial and defense electronics markets, and its broad portfolio of vehicle and mission critical electronic systems. Previously, he was Executive Vice President of BAE Systems' Product Sectors, responsible for articulating and executing a vision that drove optimal business performance across the Electronic Systems and legacy Land & Armaments businesses. Prior to his senior leadership appointments, he managed various organisations and programmes for Sanders, a Lockheed Martin Company, and he remained with the unit when it was acquired by BAE Systems in 2000. Earlier in his career, he held a variety of engineering and programme management positions with General Electric, The Analytic Sciences Corporation (TASC), and Weather Services International. He holds bachelor's and master's de

David Parkes

John Ponsonby

Mr. John Ponsonby is Non-Executive Director of the Company. He is a former Managing Director of Leonardo Helicopters UK (a division of AgustaWestland) and, prior to that, was the commanding officer of the RAF's No 22 (Training) Group. Mr. Barnes is the Group's present Head of Finance, with operational oversight of all financial matters; he has 21 years' experience within the Pennant business and since 2017 has attended Board meetings as the executive responsible for financial reporting.

Revathi Advaithi

Ms. Revathi Advaithi is Non-Executive Independent Director of the Company. Ms. Revathi brings extensive operational experience and a deep understanding of digital technology and international markets to the Board, gained from her leadership of multinational engineering and manufacturing businesses. In February 2019, Revathi assumed the role of Chief Executive Officer and became a member of the board of directors at Flex Ltd, a global manufacturing company. Prior to this appointment, Revathi was president and chief operating officer for the Electrical Sector business at Eaton, a power management company. She joined Eaton in 1995 and led the Electrical Sector in the Americas and Asia-Pacific, with a three-year assignment in Shanghai. Between 2002 and 2008, Revathi worked at Honeywell, where she held leadership roles spanning manufacturing, procurement, supply chain and sourcing, including a role as general manager, Automation and Control Solutions. Revathi returned to Eaton in 2008 as vice president and general manager of the Electrical Components division.

Elizabeth Corley

Ms. Elizabeth Corley is Non-Executive Independent Director of the Company. She brings investor, governance and boardroom experience to the Board. She is currently a Senior Advisor at Allianz Global Investors. She has served as Chief Executive Officer of Allianz Global Investors, initially for Europe then globally, from 2005 to 2016. Prior to that, she worked for Merrill Lynch Investment Managers. Elizabeth is active in representing the investment industry and developing standards within it. She is a member of the CFA Future of Finance Advisory Council and the AQR Institute of Asset Management at the London Business School. Elizabeth is currently chair of the industry Taskforce for the UK government on social impact investing. In 2017, she stepped down from the board of the UK Financial Reporting Council after completing her second three-year term of appointment. Elizabeth is also an acclaimed writer, a Fellow of the Royal Society for the encouragement of Arts, Manufactures and Commerce and a trustee of the British Museum.

Harriet Green

Ms. Harriet Green is Non-Executive Independent Director of BAE Systems plc. Harriet is a transformative business leader with international operational and boardroom experience. She is currently Chief Executive Officer and Chairman of Asia-Pacific at IBM. Harriet has extensive global business leadership experience. She previously served as Chief Executive Officer and executive director of Thomas Cook plc. Prior to that, she was Chief Executive Officer and executive director of Premier Farnell plc. Previously, she was also a non-executive director of Emerson Electric Co. In 2017, Harriet was named as one of the Fast Company’s 100 Most Creative People in Business and in 2018 she was again placed by The Financial Times in the top ten of their ‘HERoes ranking: Champions of Women in Business’ list. In 2016, she won the Women in Technology Institute (WITI) Award and, in 2014, she received the Veuve Clicquot Business Woman Award. Harriet is a member of the Singapore Economic Development Board.

Christopher Grigg

Mr. Christopher Montague Grigg is a Non-Executive Independent Director of BAE Systems PLC. As chief executive of a FTSE 100 company, Chris brings management and boardroom experience to the Board. He is currently Chief Executive of The British Land Company PLC, a position he has held since 2009. Chris has more than 30 years’ experience in the banking and real estate industries. Prior to joining British Land, he was Chief Executive of Barclays Commercial Bank. Before that, he was a partner at Goldman Sachs. Chris is currently a member of the executive board of the European Public Real Estate Association and the board of the British Property Federation.

Stephen Pearce

Mr. Stephen Thomas Pearce is appointed as Non-Executive Independent Director of the Company., effect from 1 June 2019. Stephen Pearce is currently Finance Director of Anglo American plc, a role he has held since April 2017. He has more than 16 years of public company director experience and over 30 years of financial and commercial experience in the mining, oil and gas, and utilities industries. Prior to joining Anglo American, Stephen served as CFO and an executive director of the Australian iron ore company Fortescue Metals Group Limited from 2010-2016. Before that, he was managing director and CEO of Southern Cross Electrical Engineering Limited. He is a former non-executive director of Cedar Woods Properties Limited. He is currently a director of Kumba Iron Ore Limited, Anglo American Platinum Limited and De Beers plc, all of which are non-wholly owned subsidiaries of Anglo American plc. He is a Fellow of the Institute of Chartered Accountants, a Member of the Governance Institute of Australia and a member of the Australian Institute of Company Directors.

Nicole Piasecki

Ms. Nicole Weyerhaeuser Piasecki is Non-Executive Independent Director of the Company., with effect from 1 June 2019. Until September 2017, Nicole Piasecki was Vice President and General Manager of the Propulsion Systems Division of Boeing's commercial aircraft business. During 25 years with The Boeing Company, she held a number of senior roles, including Senior Vice President - Business Development & Strategic Integration and Vice President of Business Strategy and Marketing for Boeing Commercial Airplanes. She also served as President of Boeing Japan. She is currently a director of Weyerhaeuser Company, the US forestry products group, and is Chair of the Board of Trustees of Seattle University. She formerly served on the Federal Aviation Authority's Management Advisory Board, the US Department of Transportation's Future of Aviation Advisory Committee and the Federal Reserve Bank of San Francisco's Seattle branch. She is a graduate of Yale University and The Wharton School of the University of Pennsylvania, and also studied at Keio Business School, Japan.

Paula Reynolds

Ms. Paula Rosput Reynolds is Non-Executive Independent Director of BAE Systems PLC. She an experienced company director in both the UK and North America, Paula is currently Chief Executive Officer and President of the business advisory group PreferWest LLC. Starting her career as an economist, she spent over 20 years in the energy sector, culminating in her appointment as President and Chief Executive Officer of AGL Resources in 2002. She served as President and Chief Executive Officer of Safeco Corporation before becoming Vice Chairman and Chief Restructuring Officer of American International Group, overseeing its divestiture of assets and serving as chief liaison with the Federal Reserve Bank of New York. She received the National Association of Corporate Directors National Lifetime Achievement Award in 2014. Past roles include non-executive directorships at Coca-Cola Enterprises Inc., Anadarko Petroleum Corporation, Delta Air Lines Inc., Air Products and Chemicals Inc., and Siluria Technologies, Inc.

Ian Tyler

Mr. Ian Paul Tyler is Non-Executive Independent Director of BAE Systems plc. He brings considerable financial and long-term international contracting experience to the Board. He is currently chairman of two UK listed companies, Bovis Homes Group PLC and Cairn Energy plc. Having qualified as a chartered accountant, Ian subsequently held a number of senior finance and operational positions within industrial companies before being appointed Finance Director of Balfour Beatty plc in 1996. He was subsequently appointed Chief Executive, a position he stepped down from in 2013. He has been Chairman of AWE Management Limited. He was Non-executive director of Mediclinic International plc, Cable & Wireless Communications Plc and VT Group plc.