17-Aug-2016 Source: Cobham
Cobham plc announces that its Chief Executive Officer (CEO), Bob Murphy, is to step down from his role and from the Board no later than the end of 2016 to pursue other opportunities. The Board thanks Bob for his leadership during challenging times, including: the development of a clear strategy with a focus on connectivity; driving technology investment resulting in a number of strategic wins for the Group; and enhancing the Company’s customer focus and performance to customer expectations. We wish him well in his future endeavours.
Mr Murphy will be succeeded by David Lockwood who will join the Company no later than 1 January 2017. He will also join the Board.
David is currently CEO of Laird PLC, the FTSE 250 technology company providing products and solutions that protect electronics from electromagnetic interference and heat and which enable connectivity in mission-critical wireless applications. During his time at Laird, David has built the company into a focused enterprise connectivity company with leading positions in the connected transport and consumer device markets, delivering sustained organic growth.
Before taking his current role four years ago, David was formerly Vice President Global Defence & Security at BT Global Services. He has experience of international defence operations, gained from his roles at GPT (Marconi), BAE Systems and Thales Corporation. He chaired the Scottish Government’s Technology Advisory Group and, in 2005, was the recipient of the Scottish Entrepreneur of the Year Award for Technology. In February 2014, David was appointed as Non-Executive Chairman of Knowledge Transfer Network Ltd.
David has a BA (Hons) in Mathematics from the University of York and is a Chartered Accountant by profession.
Cobham Chairman, John Devaney said, “David has a background in defence and communications technology which are at the heart of Cobham. We look forward to him joining the company and thank Bob for his contribution.