Change in the Supervisory Board of Rolls-Royce Power Systems AG and MTU Friedrichshafen GmbH
Posted on May 24, 2021
Axel Arendt, Chairman of the Supervisory Board of Rolls-Royce Power Systems AG and MTU Friedrichshafen GmbH, will resign from the board on 31 May 2021. A successor is currently being sought and will be announced shortly.
“I have had the pleasure to serve as a member of the Supervisory Board of Rolls-Royce Power Systems AG and MTU Friedrichshafen since 19 May 2010 with a brief interruption. Since 22 July 2016, I have had the honour to lead this body. I wish the company and its employees a good future”, says Axel Arendt.
Thanks for Axel Arendt's commitment come from the British parent company of Rolls-Royce Power Systems AG, Rolls-Royce plc. "With his experience and knowledge, Axel Arendt has very successfully led the supervisory board of Rolls-Royce Power Systems AG and MTU Friedrichshafen GmbH. We thank him for accompanying the development of this business unit, which is so important for Rolls-Royce, in his function over the past years," says Warren East, CEO of Rolls-Royce plc.
About Rolls-Royce Holdings plc
- Rolls-Royce pioneers the power that matters to connect, power and protect society. We have pledged to achieve net zero greenhouse gas emissions in our operations by 2030 [excluding product testing] and joined the UN Race to Zero campaign in 2020, affirming our ambition to play a fundamental role in enabling the sectors in which we operate achieve net zero carbon by 2050.
- Rolls-Royce Power Systems is headquartered in Friedrichshafen in southern Germany and employs around 9,000 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 as well as diesel and gas systems and battery containers for mission critical, standby and continuous power, combined generation of heat and power, and microgrids.
- Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces and navies, and more than 5,000 power and nuclear customers.
- Annual underlying revenue was £11.76 billion in 2020 and we invested £1.25 billion on research and development. We also support a global network of 28 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.