Tony Wood has been appointed President – Aerospace at Rolls-Royce following the shock resignation of Mark King. Wood will take up his new role on May 13, while king will depart the company by the end of June. Wood, who is presently President – Marine, has worked for Rolls-Royce for 12 years and has experience in both the Civil Aerospace and Defence Aerospace businesses. King steps down after only four months in the job after working at Rolls since 1986. No reason has been given for his resignation. In an interim statement, Rolls-Royce has confirmed that trading in the first

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