Rolls-Royce has announced that Panos Kakoullis has been appointed as the company’s new Chief Financial Officer and Executive Director, succeeding Stephen Daintith who is leaving Rolls-Royce.
Kakoullis spent most of his career at Deloitte, joining as a graduate. There he worked with numerous multinational corporations combining audit, advisory and transaction services. Kakoullis is joining Rolls-Royce from PA Consulting, where he was CEO, having joined the company in 2020.
Commenting on the appointment, Warren East, Rolls-Royce CEO, said “We are delighted to announce the appointment of Panos as Chief Financial Officer who will join us in May this year. Panos delivered significant transformational change at Deloitte, streamlining and simplifying the business and we look forward to benefitting from his expertise and experience as we deliver on our fundamental reorganization and secure a sustainable and prosperous future for Rolls-Royce.”
Kakoullis will commence his new position on May 3, 2021 while Daintith will leave Rolls-Royce on March 19, 2021, shortly after the publication of the Group’s full year 2020 results. To support the Group in the period of transition between Daintith and Kakoullis, Ben Fidler will be appointed as Interim CFO, he is currently acting as Deputy CFO and joined the Executive Team effective January 1, 2021. Fidler joined Rolls-Royce in 2017 from Deutsche Bank and will continue as vice president of Business Performance in addition to his new, temporary role.Email Post to a Friend