Rolls-Royce released that John Rishton has decided to retire as Chief Executive on July 2nd, 2015. He will be succeeded by Warren East, whose appointment follows an extensive international search. Warren East was CEO of ARM Holdings from 2001 to 2013. Under his leadership ARM became one of the world’s leading developers of semi-conductors with an outstanding record of innovation and a strong commitment to R&D. Warren has been a Non-Executive Director of Rolls-Royce since January 2014.