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– UK, London – Rolls-Royce Holdings plc (LSE:RR), today announces the appointment of Beverly Goulet as a Non-Executive Director. She will join the Board with effect from 3 July 2017 and will become a member of the Nominations and Governance Committee and the Audit Committee.

Beverly, a US national, has most recently been serving as a senior executive with American Airlines Group from which she will retire at the end of June 2017. Formerly a practising lawyer, she joined American Airlines in 1993. Her recent roles included Chief Restructuring Officer, helping lead American Airlines through its successful emergence from Chapter 11, and Executive Vice President and Chief Integration Officer, leading the integration of American Airlines and US Airways. Earlier in her career she was Vice President – Corporate Development and Treasurer. She is currently Chair of American Airlines Federal Credit Union.

Ian Davis, Chairman of Rolls-Royce, said: “Beverly has deep functional expertise in finance, strategy and in legal and governance matters and she knows the airline industry extremely well. I believe she will be a valuable and committed member of the Board and will bring very relevant expertise and experience to our decision making.”

Beverly Goulet said: “I am delighted to be joining the Rolls-Royce Board at this time. This is an exciting time for the group and I am looking forward to working with the team to ensure Rolls-Royce continues to develop and strengthen its businesses for the benefit of all stakeholders.”

About Rolls-Royce Holdings plc

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.

Rolls-Royce has customers in more than 150 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.

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.

Annual underlying revenue was £13.8 billion in 2016, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £80 billion at the end of 2016.

In 2016, Rolls-Royce invested £1.3 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.

Rolls-Royce employs almost 50,000 people in 50 countries. More than 16,500 of these are engineers.

The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2016 we recruited 274 graduates and 327 apprentices through our worldwide training programmes.

For more information : http://www.rolls-royce.com

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