Ian Graham King (born 24 April 1956) is a British businessman who was the CEO of
BAE Systems
BAE Systems plc (BAE) is a British multinational arms, security, and aerospace company based in London, England. It is the largest defence contractor in Europe, and ranked the seventh-largest in the world based on applicable 2021 revenues. ...
from 2008 to 2017. Until 20 June 2014 he was a non-executive director of
Rotork plc. He is currently Chairman of
Senior plc.
Career
BAE Systems was created by a merger of
Marconi Electronic Systems and
British Aerospace. King joined BAE from Marconi. Previous roles include Chief executive officer (CEO) of
Alenia Marconi Systems
Alenia Marconi Systems (AMS) was a major European integrated defence electronics company and an equal shares joint venture between BAE Systems and Finmeccanica (now Leonardo S.p.A.) until its dissolution on 3 May 2005.
AMS was formed in 1998 by ...
, a partnership between Marconi and
Finmeccanica, Finance Director and Deputy managing director of Marconi Electronic Systems and non-Executive Director of the
Canadian Marconi Company.
When BAE Systems was created in November 1999, King was named Group Strategy & Planning Director. In December 2000 King was appointed group managing director of
BAE Systems Customer Solutions and Support.
In November 2006, BAE Systems appointed King chief operating officer from 1 January 2007. He was promoted in what The ''
Financial Times'' described as "in part... to improve relations with the MoD further". This followed a general improvement in relations since acrimony in 2003. The previous co-COOs were
Chris Geoghegan and
Steve Mogford
Steven Lewis Mogford (born 27 June 1956) is a British businessman. He is the Chief Executive of United Utilities Group plc, the UK's largest listed water company.
Early life
Mogford was educated at Barking Abbey Grammar School, Essex and Queen ...
. The Independent described King's appointment as COO as part of the "succession battle" to succeed BAE CEO
Michael Turner.
CEO
In October 2007, BAE Systems announced that its CEO Mike Turner would step down from his role in 2008. While King was always named as a candidate to replace him as CEO, press reports suggested BAE would prefer an American CEO due to the increasing importance of the United States defence market to the company and the opportunity to make a clean break from corruption allegations and investigations related to the
Al Yamamah contracts.
However, on 27 June 2008, BAE announced that it had selected King to succeed Turner with effect from 1 September 2008; ''The Financial Times'' noted that King's career at Marconi distances him from the British Aerospace-led Al Yamamah project.
For this role he was paid an annual base salary of £982,300.
King announced his intended retirement, on 30 June 2017, to the board on 22 February. It was confirmed that
Charles Woodburn, the Chief Operating Officer, would be appointed in his place.
Personal life
He is married with one son, and lives in Portsmouth.
References
{{DEFAULTSORT:King, Ian
1956 births
Living people
BAE Systems people
British chief executives
British corporate directors