BAE Systems plc has appointed a new chair.
Cressida Hogg will join the board of the engineering giant as a non-executive director and chair designate, with effect from 1st November.
Subject to election at the company’s annual general meeting next year, she will succeed Sir Roger Carr as chair at the conclusion of the AGM, due to be held on 4th May 2023.
Hogg is currently chairman of the board of Land Securities Group PLC, a position she has held since 2018, having served as a non-executive of the company since 2014.
She will retire from its board next year and is expected to do so no later than its AGM in July 2023.
She is also a non-executive director of London Stock Exchange Group plc, where she is the senior independent director and chairs its remuneration committee.
Hogg previously enjoyed a long executive career, spent largely with 3i Group, during which she developed a deep understanding of large, long-term infrastructure projects and businesses, gaining international experience whilst working in various countries including the US, Canada, India, Australia and the Middle East.
“Sir Roger has been an outstanding chairman of our board. During his term of office, BAE Systems has prospered and grown,” said Chris Grigg, BAE’s senior independent director.
“When he retires next year after more than nine years’ service, he will leave a strong legacy in terms of its leadership, performance and the quality of its governance.
“I would like to record our gratitude for his leadership of the board and the notable contribution he has made to the success of the company.”
Hogg said: “It is an honour to join the board and be asked to succeed Sir Roger as chair next year. BAE Systems plays a key role in defence and security both in the UK and internationally.”