'PERFECT RETIREMENT PRESENT' FOR R-R BOSS
FOR Rolls-Royce's Mike Terrett, receiving the Commander of the Order of the British Empire (CBE) for his services to engineering is the perfect retirement present.
In November, it was announced that Mr Terrett, who lives in Hazelwood, would retire by the end of the year from his position as chief operating officer of the firm, which has its civil aerospace and marine divisions in Derby.
Mr Terrett has been one of Rolls-Royce's longest serving bosses. He joined the company 34 years ago as a graduate apprentice engineer in Derby.
He had been a Rolls-Royce board member since 2007.
He has also been president and chief executive of International Aero Engines, an engine-making consortium of which Rolls-Royce was at one point a major shareholder. He has also been president of Rolls-Royce's civil aerospace division.
Rolls-Royce said Mr Terrett had been "instrumental in shaping the current success of the business".
Chief executive John Rishton said Mr Terrett had made an "enormous contribution" to Rolls-Royce during many years of service.
Another Rolls-Royce figure to be recognised with a CBE is Professor Richard Parker, director of research and technology for Rolls-Royce Group. Mr Parker, who has been honoured for his services to engineering, joined Rolls-Royce in 1978.
He held various posts including chief of composites and ceramics, chief of compressor engineering, managing director of compressor systems and director of engineering and technology for the civil aerospace division.
Since 2001, he has been responsible for direction and co-ordination of research and technology programmes across all the Rolls-Royce businesses worldwide.