BAE eyes grandees as new chairman
Karl West and Dominic O'Connell
March 3 2013, 12:01am, The Sunday Times
Sir Roger Carr, former chairman of Centrica, has been tipped as a BAE candidate for some time (Chris Ratcliffe)
BAE SYSTEMS has sounded out two City heavyweights, Sir John Rose and Sir Roger Carr, about replacing Dick Olver as chairman.
Olver, 65, due to leave the £725,000-a-year job next year, has been under pressure from shareholders led by Invesco, which owns 13%, to go early.
Nick Rose, a former Diageo finance director who is BAE's senior independent director, is leading the search for a replacement. Olver will not stand in the way if a replacement is found. A headhunter is about to be appointed. A senior source at BAE said the pair were obvious candidates, but no shortlist had been compiled. BAE, which employs about 100,000 workers across the world, builds the Typhoon fighter jet, nuclear submarines and provides companies and governments with cyber…