LONDON, Dec 10 (Reuters) - British engineering company
Rolls-Royce said Bradley Singer, a representative of its
largest shareholder the activist investor ValueAct Capital, has
resigned from its board.
Rolls-Royce said on Tuesday that Singer, chief operating
officer of ValueAct, left on December 9 after nearly four years
as a non-executive director.
When he joined in 2016, the engine-maker was in turmoil
having issued a string of profit warnings. Singer said in a
statement that the company was now on a "solid path forward".
ValueAct owns a 9.35 percent stake in Rolls-Royce according
to Thomson Reuters data. When Singer joined the board, the
company's chairman Ian Davis said he would remain on it as long
as ValueAct remained a significant shareholder.
(Writing by Sarah Young; editing by Kate Holton)