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De La Rue Appoints BAE Systems' Martin Sutherland At Chief Executive(Alliance News Via Acquire Media NewsEdge) LONDON (Alliance News) - De La Rue PLC Friday appointed Martin Sutherland as its new chief executive, saying he will join the board and become an executive director no later than October 13. The currency and security documents company said Sutherland will join from his position as managing director of BAE Systems Applied Intelligence, the business and technology consulting arm of defence group BAE Systems PLC. Following Sutherland's start at the company, De La Rue Chairman Philip Rogerson will revert to his role as non-executive chairman and Colin Child, who took up the position of chief operating officer on a temporary basis in February, will revert to his position as finance director. Sutherland replaces Tim Cobbold, who left De La Rue in February to take the helm at marketing, media and events company UBM PLC. "After an extensive search the board is delighted to appoint Martin as De La Rue's CEO. He brings strong commercial skills, and wide experience of growing technologically demanding businesses supplying governments and financial institutions worldwide. His track record of strategic leadership will also be of considerable benefit," said Rogerson. Copyright 2014 Alliance News Limited. All Rights Reserved. |