City veteran lined up as next chairman of defence giant
DEFENCE giant BAE Systems is set to name City veteran Sir Roger Carr as its next chairman, according to reports.
Sir Roger, who is the outgoing president of the CBI lobby group and was chairman of Cadbury during its £10bn takeover by Kraft, is being lined up to replace Dick Olver, who has held the role for nine years.
It has been reported that BAE’s board has not made a final selection but that Sir Roger has spoken with directors leading the search. His name has been put to the Ministry of Defence, which has the power to veto an appointment through the Government’s special share in the company. The appointment of Sir Roger, who has been chairman of Centrica since 2004, is reportedly due at the end of June or early July.