Rolls-Royce, one of the biggest luxury car brands of today, made a statement today. According to the official statement from Rolls-Royce, Tufan Erginbilgic has become the new CEO of the Rolls-Royce brand.
Rolls-Royce, a global luxury car brand, recently announced that it will go through a series of restructurings within the company. While the whole automobile world expected the size of the structuring, an unexpected surprise was encountered. Tufan Erginbilgic will replace Warren East, who is currently the CEO. Warren East will continue as CEO until 2023, and Tufan Erginbilgic will take over the seat on the first day of 2023.
Tufan Erginbilgic, who has been managing the senior positions of big brands for a long time, has taken a big step in his career. He impressed the whole world with his performance at UK-based BP. He will receive the award for this performance in 2023.
Rolls-Royce’s chairman of the board, Anita Frew, made the following statements about Tufan Erginbilgic.
Erginbilgic has proven himself as the leader of winning teams in multinational organizations. He has extensive strategic and operational experience and a solid understanding of security-critical industries such as aerospace, as well as the challenges and business opportunities presented by the transition to low-carbon technologies. He has a strong track record of implementation and value creation. I look forward to building on the strategic foundations Rolls-Royce has built in recent years.
Following the official statement from Rolls-Royce, Tufan Erginbilgic made the following statement on the subject.
I am honored to join Rolls-Royce at a time of significant business opportunity as customers await the energy transformation. I am determined to exploit the full potential of the company’s market position over many years, thanks to its engineering excellence and innovative technologies, and to step on the path of growth to create value for all shareholders. I look forward to working with customers, partners and the Rolls-Royce team around the world in the next successful era of this iconic global engineering brand.
After the statements by Rolls-Royce, an increase of 1.4 was observed in the shares of the company.
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