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Cobham Confirms New Chief Executive To Start On December 12

Fri, 11th Nov 2016 15:59

LONDON (Alliance News) - Defence and aerospace technology company Cobham PLC on Friday confirmed David Lockwood will start as chief executive on December 12.

Lockwood will join the board on December 16, at which time Bob Murphy will step down from the board and as CEO. Lockwood joins the company from Laird PLC.

Additionally, its new chief financial officer, David Mellors, will start January 1, on which date he will join the board and current CFO Simon Nicholls will step down.

Shares in Cobham were down 1.5% at 161.20 pence Friday.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

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Cobham Share News (COB)

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UPDATE 1-Cobham investors back takeover by U.S. private equity group Advent

UPDATE 2-U.S. group Advent wins $5 bln battle for Britain's Cobham

Cobham investors back takeover by U.S. private equity group Advent

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