Rolls Royce appoints Anita Frew as its new chair

A photo of Anita Frew
Anita Frew

British automobile company, Rolls Royce, has announced that Anita Frew is going to be assuming the role of its new chair from October 2021, succeeding Sir Ian Davis who has held the role for over a decade.

Anita Frew is the first woman to ever take up the position in Rolls Royce’s 115 years of existence and she is currently the chair of Croda, a British chemicals company.

The senior independent director for Rolls Royce, Sir Kevin Smith, confirmed that Anita Frew was considered to be perfect for the role because of her twenty years-long experience of board appointments in the United Kingdom and beyond as well as her high reputation amongst investors and government institutions which could be advantageous to the company.

Anita Frew is going to be tasked with reviving the overall financial wellbeing of Rolls-Royce which was stunted due to the COVID-19 pandemic’s effect on international travel, seeing as the aerospace arm of the company births a little over half of its income. This caused the company to lay off over 9,000 staff members.

Many are anticipating the variety of changes that Anita Drew will bring to Rolls Royce while serving as its chair.

--

--

--

Business Stance is dedicated to ensuring that every Nigerian comfortably stays one step ahead with an in-depth view of the global financial markets.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Weeknotes #2

Why hot ideas make for a tepid future

The definitive answers to Disney’s pernicious queueing debates

A still from Defunctland’s video explainer of the Shapeland simulation in which a circular agent called ‘Bernadot’ contemplates the queue for ‘The Triangle,’ a popular ride, which has two queues, a standby queue showing a wait-time of 135, and a Fastpass queue; Bernadot has a thought-bubble containing the legend ‘135 < 120’.

A portfolio company story: Choovie

Freeway Internal AMA Transcript — Wednesday, 11th May 2022

The New Year is Here — Retail Tech Trends That Matter In 2018

Summary of 2019 in e-commerce

Making checkouts greener

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Business Stance

Business Stance

Business Stance is dedicated to ensuring that every Nigerian comfortably stays one step ahead with an in-depth view of the global financial markets.

More from Medium

The Oil Company Bandits

Electric Cars — range doesn’t matter, getting home does

Steak Bakes And Sweatshirts: The Unlikely Alliance Between Greggs And Primark

My Problems with NVIDIA Broadcast