ADS UK: New CEO

Robin Southwell, ADS President and Chief Executive EADS UK said ''I am delighted to announce that Paul Everitt has agreed to join us as the new Chief Executive of ADS and Chairman of FIL Ltd. Paul's experience, knowledge and leadership qualities are well known and highly regarded, and I know he will help to further strengthen the role of ADS to achieve its ambitions in support of the UK aerospace, defence, security and space industries.

"I would like to thank Rees Ward for the fantastic contribution he has made in creating ADS and establishing its superb reputation and profile during these formative years. We wish him well in his future ventures''

Commenting on his appointment, Paul Everitt said ''It is a great privilege to lead ADS and play my part in supporting the UK's world leading aerospace, defence, security and space industries. These are strategically important sectors of the UK economy and their success is important, particularly during these challenging times in delivering jobs and prosperity for the long-term.''

''I am looking forward to working with ADS members, staff and key stakeholders to drive forward our industry priorities and continue our various initiatives to develop the strategic partnerships essential for success. This is an exciting opportunity for me personally and I am looking forward to working with our world class companies at the leading edge of technology and global competition.''