British Aerospace in Warton has a new chief executive.

The major Fylde employer will be taken over by the group's current chief operating officer- Ian King - from September 1.

This follows the conclusion of an international benchmarking succession process and the company’s announcement that Mike Turner would step down as chief executive and retire at the end of August 2008.

Since January 2007, Ian has been chief operating officer, with responsibility for the group’s UK and rest of world businesses, and a director of the company.
Dick Olver, chairman of BAE Systems plc, said: “Ian is a highly experienced business leader with a proven track record in our key home markets. His performance focus and depth of knowledge of the global defence industry will benefit the continued progression of the successful strategy that has been pursued by the company during the course of Mike Turner’s leadership.

“I would like to thank Mike for his committed and dedicated service over 42 years; particularly over recent years for his part in tour strong financial performance and strategic execution.  The board wishes Mike the greatest success as he sets about the next phase of his career."

Last Edited: 27/06/2008