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Rolls-Royce’s biggest shareholder leaves board

Rolls-Royce’s biggest shareholder leaves board

Mubasher: UK engineering giant Rolls-Royce said that representative of its largest shareholder ValueAct Capital left its board, according to its website.

Bradley Singer, the chief operating officer of the activist investor, stepped down on 9 December, after four years of joining Rolls-Royce board as non-executive director.

“Since I joined the Board nearly four years ago, Rolls-Royce has undertaken many significant initiatives and faced challenges head-on,” Singer said.

Rolls-Royce is now put back on “on a solid path forward,” Singer added.