Finmeccanica announces management changes at SELEX Galileo

Finmeccanica announces that Steve Mogford, CEO of the Group’s SELEX Galileo business, will leave the Group at the end of this year to take up the role of CEO of United Utilities PLC.

Chairman and CEO of Finmeccanica Pier Francesco Guarguaglini said, “Since joining Finmeccanica in 2007, Steve has successfully driven the development of SELEX Galileo, into one of the leading international companies within the Finmeccanica Group. While we are sorry he will be leaving the Group, we wish him every success in his new role. We have a very talented senior management team at SELEX Galileo and I have every confidence that the company will continue to go from strength to strength.”

Finmeccanica is pleased to announce that Fabrizio Giulianini, currently Deputy CEO of SELEX Galileo and CEO and General Manager of SELEX Galileo SpA, will take over as the new CEO of SELEX Galileo with effect from January 1st 2011. Norman Bone, presently UK Chief Business Officer and Group Operations Director, will be appointed Managing Director of SELEX Galileo Ltd, and will report to Mr Giulianini.

Sir Kevin Tebbit, Chairman of Finmeccanica UK, said “The past three years have seen SELEX Galileo develop into a well-integrated company with a market-leading presence. We are delighted that Fabrizio will be taking over the leadership of this business and will continue to build on these solid foundations. The UK operations are a key component of our corporate strength and with Fabrizio and Norman in their new roles we can be assured that the UK will continue to play its full part in the Company’s future success.”

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