Rolls-Royce has announced that as of January 1, 2023, Tufan Erginbilgic will take over the role Chief Executive Officer from Warren East. East announced in February his intention to step down from the position at the end of 2022.
Erginbilgic has a background in engineering, having built his career in international business including over 20 years with BP, including five years as part of its executive team. Before leaving in 2020, in his last post he led BP’s downstream business, which included Refining, Petrochemicals, Service Station Network, Lubricants, Midstream operations and the Air BP jet fuel operation. During Erginbilgic’s tenure, the business was transformed, achieving record profitability and delivering record-setting safety performance.
Erginbilgic has also held several non-executive directorships in heavy industry and manufacturing companies, including at aerospace technology group GKN. He is currently a partner at Global Infrastructure Partners (GIP), a private equity firm which focuses on large-scale investments in infrastructure businesses and manages US$81bn (£67.5m) for investors.
Anita Frew, Chair, Rolls-Royce, commented: “I am delighted to announce the appointment of Tufan Erginbilgic as Chief Executive. He is a proven leader of winning teams within complex multinational organisations, with an ability to drive a high-performance culture and deliver results for investors.”