RNS Number : 1431D
BAE SYSTEMS PLC
17 March 2011
The Board of BAE Systems plc has today agreed the appointment of Paula Rosput Reynolds as a non-executive director of the Company with effect from 1 April 2011.
A US citizen, she is currently Chief Executive Officer and President of the business advisory group PreferWest, LLC and a non-executive director of Delta Airlines, Inc and Anadarko Petroleum Corporation.
Dick Olver, Chairman of BAE Systems said: "We are very pleased to welcome Paula to the BAE Systems' Board. Her wide-ranging senior management and boardroom experience will be a great asset to our Board."
Having started her career as an economist, she spent over 20 years in the energy sector in a variety of operational roles, culminating in her appointment as President and Chief Executive Officer of AGL Resources in 2002. She subsequently served as President and Chief Executive Officer of Safeco Corporation (Safeco), an insurance company located in Seattle, Washington, until its acquisition by Liberty Mutual Group in 2008. She was then appointed as Vice Chairman and Chief Restructuring Officer of American International Group Inc. (AIG) from October 2008 to September 2009, overseeing AIG's divestiture of assets and serving as chief liaison with the Federal Reserve Bank of New York. She is a former non-executive director of Coca-Cola Enterprises, Inc and Air Products and Chemicals Inc.
She has no details to disclose under paragraph 9.6.13 of The Listing Rules.
As at 1 April 2011 the BAE Systems Board will comprise the following individuals:
Sir Peter Mason
Paula Rosput Reynolds
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