Luxury Daily
The authority in luxury news.
Nov. 25, 2024
  1. The Ritz Carlton, Missoni launch beach club in Bali
  2. Baccarat pulls incoming CEO from Printemps
  3. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  4. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  5. Luxury Unfiltered: The true cost of cutting luxury prices
  6. 'Clash de Cartier' campaign explores dichotomy of dressing
  7. Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear
  8. ‘Copy Nothing’ campaign defines next era at Jaguar
  9. Ferrari, Chivas Regal forge multiyear partnership
  10. Lancome to secure spokeswoman Julia Roberts for $50M
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Travel and hospitality

Newly-appointed Rolls-Royce Holdings CEO begins aerospace tenure

January 9, 2023

Tufan Erginbilgic has began his role as the new CEO of the company. Image credit: Rolls-Royce Tufan Erginbilgic has begun his role as the new CEO of the aerospace company. Image credit: Rolls-Royce Holdings plc

 

By Luxury Daily News Service

British aerospace multinational Rolls-Royce Holdings plc is starting the year with a new chief executive.

Effective Jan. 1, 2023, Tufan Erginbilgic begins his position as CEO of the heritage brand this week, appointed to this post, as well as an executive director role at Rolls-Royce Holdings plc, last summer. He succeeds ex-CEO Warren East, who revealed he would step down in February of last year.

“I am honored to be joining Rolls-Royce at a time of significant commercial opportunity and strategic evolution as its customers embrace the energy transition,” said Mr. Erginbilgic, in a statement.

“I am determined to deliver the full potential of the market positions which the company has built over many years, through its engineering excellence and innovative technology, and to build a platform for growth in order to create value for all stakeholders,” he said. “I look forward to working with customers, partners and the Rolls-Royce team across the world on the next successful chapter for this iconic global engineering brand.”

Exuding experience
Mr. Erginbilgic has decades of automotive and engineering expertise under his belt.

Working for 20 years at BP, his career has been focused on driving global business, leading teams and pushing for higher levels of performance. For five of those years, Mr. Erginbilgic served as an executive at the company before stepping away from BP in 2020.

As an executive, he specialized in fuel operations on Air BP jets, refining, lubricants, petrochemicals, the network of service stations and midstream work. It was during this time that BP experienced historic profits and improved safety, thanks to his efforts.

Aside from his work with BP, Mr. Erginbilgic has also held director positions within companies in the field such as Britain’s GKN, which specializes in aerospace innovations.

“I am delighted to announce the appointment of Tufan Erginbilgic as chief executive,” said Anita Frew, chair at Rolls-Royce Holdings plc, in a statement.

Tufan Erginbilgic has spent years in the engineering world, and brings with him this experience to Rolls-Royce. Image credit: Rolls-Royce Tufan Erginbilgic has spent years in the engineering world, and brings with him this experience to Rolls-Royce PLC. Image credit: Rolls-Royce Holdings plc

“He is a proven leader of winning teams within complex multinational organizations, with an ability to drive a high-performance culture and deliver results for investors,” she said. “He has extensive strategic and operational experience and a firm understanding of safety critical industries, including aerospace, as well as the challenges and commercial opportunities presented by the drive for low carbon technologies.

“He has a strong track record for execution, delivery and the creation of significant value.”

Mr. Erginbilgic resigned from director roles at Irish energy tech and healthcare marketing group DCC plc and energy company Türkiye Petrol Rafinerileri A.Ş (Tupras) prior to joining the Rolls-Royce Holdings team. Mr. Erginbilgic remains a director at Iveco Group NV, an international transportation vehicle maker.

The CEO is also a partner at equity firm Global Infrastructure Partners. The private firm invests in big-picture infrastructure, overseeing $81 billion total.

 
LATEST HEADLINES
MOST POPULAR
  1. The Ritz Carlton, Missoni launch beach club in Bali
  2. Baccarat pulls incoming CEO from Printemps
  3. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  4. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  5. Luxury Unfiltered: The true cost of cutting luxury prices
  6. 'Clash de Cartier' campaign explores dichotomy of dressing
  7. Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear
  8. ‘Copy Nothing’ campaign defines next era at Jaguar
  9. Ferrari, Chivas Regal forge multiyear partnership
  10. Lancome to secure spokeswoman Julia Roberts for $50M
VIDEOS
More Videos

MORE IN Travel and hospitality
The Ritz Carlton, Missoni launch beach club in Bali
Roche Bobois furnishes boutique resort in Turks and Caicos
Ginori 1735, St. Regis Hotels partner to scale branded cafe concept
Trinity Investments acquires The Standard, London
Luxury brands losing ground with younger audiences: Bain
Viceroy Hotels debuts narrative-driven brand identity



RECENT ARTICLES
Ferrari, Chivas Regal forge multiyear partnership
The Ritz Carlton, Missoni launch beach club in Bali
Bentley renovates countryside estate in Cheshire

Home office boom fading in favor of living room, kitchen refurbs: 1stDibs
Off the Cuff: A Q&A with Steinway & Sons’ Ben Steiner
Roche Bobois furnishes boutique resort in Turks and Caicos