BAE finance chief to step down next year, taps Greve to take over

FILE PHOTO: Trade visitors walk past an advertisement for BAE Systems at Farnborough International Airshow in Farnborough, Britain, July 17, 2018. REUTERS/Toby Melville - Copyright Toby Melville(Reuters)

By Reuters

Published on 09/08/2019 - 08:34•Updated 05/05/2024 - 01:10

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LONDON (Reuters) - BAE Systems <BAES.L>, Britain's biggest defence company, said on Friday its group finance director Peter Lynas would retire on March 31 next year and be succeeded by Brad Greve.

Greve has been appointed as group finance director designate. He will join in September and take over from Lynas on April 1.

BAE said Greve has 30 years experience with large multinational organisations in the oil and gas industry. Most recently he was financial controller of the Wells business at Schlumberger.

(Reporting by James Davey; editing by Kate Holton)

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Iranian carpet shop owner Ali Faez works at his shop at the traditional bazaar of the city of Kashan, about 152 miles (245 km) south of the capital Tehran, Iran.

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