Photographer: Krisztian Bocsi/Bloomberg

Rolls-Royce Culls Executives as East Responds to Profit Drop

  • CEO takes direct charge of business divided into five units
  • Aerospace head Wood is most prominent victim of streamlining

Rolls-Royce Holdings Plc Chief Executive Officer Warren East culled senior managers including the heads of the engine maker’s top two divisions, which will disappear in a shakeup intended to streamline decision-making following two profit warnings since he took over in July.

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