Rolls-Royce said the search for a replacement for its president, Eric Schulz is well underway.
However, the company said Eric Schulz will remain with Rolls-Royce until the end of 2017 to help ensure operational execution of the Civil Aerospace business through to year-end. He will not be involved in strategic or commercial discussions concerning airframe or airline customers.
Pending the arrival of a permanent successor, Chris Young, in his current role as Director, Programmes – Civil Aerospace, will take on immediate responsibility for commercial and strategic matters within Civil Aerospace, reporting on these matters to Chief Executive Warren East.
Warren East said: “I would like to thank Eric for his valuable support and leadership over the past seven years. He has laid the foundations for our future success and all of us at Rolls-Royce wish him the very best in his new role.”