2 November 2016
ROLLS-ROYCE APPOINTS ANDREAS SCHELL AS
CEO, ROLLS-ROYCE POWER SYSTEMS
Rolls-Royce announces today that Andreas Schell has been appointed as Chief Executive Officer (CEO) of Rolls-Royce Power Systems (RRPS). Andreas will join Rolls-Royce later this year, reporting to Chief Executive Warren East, and take up his new position from 1 January 2017, succeeding Dr Ulrich Dohle who is retiring.
Andreas has a wealth of international leadership expertise, running large complex organisations involved in high-technology engineering across a number of sectors including aerospace and automotive in Germany, the UK and US. He has experience in operational transformation programmes, strategy and the development of new business models, products and markets. He joins Rolls-Royce from UTC Aerospace Systems and will work alongside Dr Dohle until the end of the year to ensure an effective transition.
Warren East said: "I am delighted that Andreas Schell will be joining Rolls-Royce. He is an enthusiastic leader with experience in dealing with large, complex businesses. He has a thorough understanding of product and market development and a passion for outstanding engineering and operational excellence. He also understands the challenges and opportunities that are presented by digital technologies and techniques. I am looking forward to working closely with him. I would also like to thank Dr Dohle for his valuable support and guidance. He has been instrumental in bringing the business fully into Rolls-Royce and setting out its transformation agenda. We wish him all the best for the future."
Andreas Schell said: "I am very proud to be joining one of the world's great engineering companies at an exciting time in its development. Rolls-Royce Power Systems has great prospects with strong positions in global markets. It has an impressive history and an excellent track record in delivering innovative products and satisfying customers. I look forward to meeting the team and working together with my new colleagues to secure the continued success of the business."
Andreas, a German citizen, is currently Vice President, Digital Strategy, for UTC Aerospace Systems with responsibility for creating new digital tools and services. He joined UTC in 2009 as Vice President, Engineering, for Aerospace Power Systems, before being appointed as President, Electric Systems and then President, Actuation & Propeller Systems. Previously Schell worked at Chrysler, where he held a number of positions including Vice President, Electrical and Electronics Core Engineering and was responsible for developing and releasing electric systems for the Chrysler, Jeep and Dodge product lines. He was also responsible for hybrid development, fuel cell systems and advanced vehicle engineering at DaimlerChrysler. He began his career as a development engineer at Daimler-Benz in 1996.
Schell has an MBA from Michigan State University and a master's degree in mechanical engineering, with a specialization in energy systems engineering, from Technische Universität Clausthal in Germany. Schell is a member of the Association of German Engineers (VDI) and the Society of Automotive Engineers (SAE).
Rolls-Royce Power Systems is headquartered in Friedrichshafen in southern Germany and employs around 10,000 people. The product portfolio includes MTU-brand high-speed engines and propulsion systems for ships, power generation, heavy land, rail and defence vehicles and for the oil and gas industry. Under the MTU Onsite Energy brand, the company markets diesel gensets for emergency, base load and peak load applications as well as cogeneration plants using gas engines for the combined generation of heat and power. Bergen medium-speed engines power ships and power generation applications, while L'Orange completes the portfolio with fuel injection systems for large engines.
About Rolls-Royce Holdings plc
1. Rolls-Royce's vision is to be the market-leader in high performance power systems where our engineering expertise, global reach and deep industry knowledge deliver outstanding customer relationships and solutions. We operate across five businesses: Civil Aerospace, Defence Aerospace, Marine, Nuclear and Power Systems.
2. Rolls-Royce has customers in more than 120 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.
3. We have three common themes across all our businesses:
· Investing in and developing engineering excellence
· Driving a manufacturing and supply chain transformation which will embed operational excellence in lean, lower-cost facilities and processes
· Leveraging our installed base, product knowledge and engineering capabilities to provide customers with outstanding service through which we can capture aftermarket value long into the future.
4. Annual underlying revenue was £13.4 billion in 2015, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £79.5 billion at the end of June 2016.
5. In 2015, Rolls-Royce invested £1.2 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
6. Rolls-Royce employs over 50,000 people in more than 46 countries. Nearly 15,700 of these are engineers.
7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2015 we employed 228 graduates and 277 apprentices through our worldwide training programmes.
For further information, please contact:
Investors:
John Dawson
Director of Investor Relations
Rolls-Royce plc
Tel: +44 (0)20 7227 9282
[email protected]
Media:
Richard Wray
Director of External Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9163
[email protected]
www.Rolls-Royce.com
