QinetiQ Appoints New CEO As Love Departs
October 29 2009 - 3:57AM
Dow Jones News
U.K. defense technology company QinetiQ Group PLC (QQ.LN)
Thursday announced that Chief Executive Graham Love will stand down
next month and will be replaced by Leo Quinn, formerly chief
executive of commercial security printer and paper maker De La Rue
PLC (DLAR.LN).
Love, who has been at QinetiQ for eight years, is due to stand
down Nov. 30, according to a statement from the company. No reason
for his departure was given.
Quinn, 52 years old, will join QinetiQ Nov. 16. He previously
worked at Invensys PLC (ISYS.LN) and Honeywell International Inc.
(HON), and sits on the board at Tomkins PLC (TOMK.LN).
-By Jonathan Buck, Dow Jones Newswires; +44 (0)207 842 8237;
jonathan.buck@dowjones.com