12:34 03 May 2013
Rolls Royce boss Mark King has handed in his resignation after being in his post for four months. His resignation came on Thursday, 2ndMay, 2013.
Mr. King, who became head of Rolls Royce aerospace division in January this year, first joined the firm in the mid-1980s.
He is expected to leave next month, as reported by The Telegraph.
Other news concerning the group is that they have recently given their statement on quarterly trading figures for the first part of 2013.
Shares in the firm have been doing well this 2013, although it is believed they dipped slightly following the news of Mr. King’s resignation.
The initial Rolls Royce company (Rolls Royce Limited) was formed in 1906 before it was split in two. Rolls Royce plc relates to aerospace, among other aspects, whose headquarters are in London.
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