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Rolls-Royce chief retires
Rolls-Royce’s chief executive Sir John Rose is to retire after 14 years at the helm of the engine-maker.
Sir John, who has been with the company for almost three decades, will be succeeded by John Rishton, currently chief executive of the Dutch retail giant Ahold.
Rishton is also a former chief financial officer at British Airways.
Chairman Sir Simon Robertson said Sir John had transformed the company in a way that had “few parallels”.