By Matteo Castia

Rolls-Royce Holdings PLC said Thursday that Chief Financial Officer Stephen Daintith will leave the group to take up an equivalent role outside the company.

The U.K. jet-engine maker said it has started a process to identify and appoint a successor.

Mr. Daintith will become CFO at Ocado Group PLC, as announced by the online grocer in a separate release.

Write to Matteo Castia at matteo.castia@dowjones.com

(END) Dow Jones Newswires

August 27, 2020 02:37 ET (06:37 GMT)

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