BAE Systems Said to Appoint Charles Woodburn as King Successor
- Woodburn to join defense company as chief operating officer
- King to remain in CEO role for at least next 12 months
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BAE Systems Plc is set to announce Charles Woodburn as the U.K. defense contractor’s successor to Chief Executive Officer Ian King, according to a person with knowledge of the appointment.
Woodburn, the current CEO of London-based oil and gas company Expro International Group Ltd, will be hired as BAE’s chief operating officer before its full-year earnings report on Thursday, said the person, who asked not to be identified because the matter is private. King will likely remain in his position for at least 12 months before stepping down, the person said.