Sir Kevin Tebbit to change role at Finmeccanica

London, 1 August 2012 – Finmeccanica UK has announced that Sir Kevin Tebbit will be changing roles within the Group. He is stepping down as Chairman of Finmeccanica UK Ltd, following the completion of his five year term of office. He will continue to serve Finmeccanica on boards of its UK operating companies, with particular focus on export promotion.

Sir Kevin said: ”I leave this role with the immense satisfaction that Finmeccanica has established itself as a leading, trusted, supplier to the Ministry of Defence, an integral part of the UK’s advanced manufacturing and technology base, and a major contributor to exports, growth and employment. I look forward to continuing to promote the success of the company and its superb workforce, notably in the drive for exports.”

Giuseppe Orsi, Chairman and CEO of Finmeccanica Group, said: “This has been an important and successful five years for Finmeccanica in the UK. I should like to extend our great thanks to Sir Kevin for his activity on behalf of the company, and welcome his continued engagement.”

The Board of Finmeccanica has approved the appointment of Allan Cook as non-executive Chairman of Finmeccanica UK Ltd, who will work alongside the Chief Executive, Alberto de Benedictis.

About Finmeccanica

Finmeccanica operates globally in the aerospace, defence and security markets. It is one of the world’s leading suppliers of helicopters, aircraft and defence electronics systems, as well as a European leader in space systems, Homeland Security, transportation and power generation solutions. The Finmeccanica Group worldwide employs 70,000 people across five continents with 2011 revenues of £17,318m.

A world-class advanced engineering company, Finmeccanica in the UK is committed to delivering winning, cost-effective solutions in the defence, security, cyber and space sectors.  With sales in excess of £2bn in 2011, including £700m of exports, it makes a significant contribution to the UK economy, employing 9,000 highly skilled personnel across the country. Its sustained investments in the research, technology and the skills base help to keep the UK at the cutting-edge of advanced manufacturing and innovation.

For further information please contact:

Finmeccanica UK
Clare Roberts
Communications Manager
Tel.: +44 (0) 7340 6132
Cell: +44 (0) 7943 872 616
E-mail: clare.roberts@finmeccanica.com