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Chairman wins Non-Executive Director of the Year Award

The Chairman collects the NED award from judge Patrick Dunne, Communications Directorof 3i Group Plc
BAE Systems Chairman Dick Olver has won two major awards at the 6th annual Non-Executive Director (NED) Awards, including winner of the FTSE 100 category and Overall Winner.

Dick scooped the prestigious overall winner’s title for his significant contribution to BAE Systems and the wider debate on business ethics.

In particular, his efforts to lead an extensive strategic reshaping programme that examined all aspects of BAE Systems’ business from disposals to international expansion, as well as tackling the ethical challenges of the business head on were commended.

Established in 2005, the NED awards celebrate the exceptional contributions NEDs make to some of the UK’s leading organizations and each year are judged by an eminent panel of senior business people, including chair Sir John Parker, Chairman of National Grid and Anglo American PLC.

Ian King, CEO said “This is great news. Dick has done a great deal for BAE Systems since he joined the Company in 2004 and he fully deserves this recognition.”

Dick also commented "I am extremely proud to be working at BAE Systems, surrounded by so many talented people.  It has been a privilege for me to do the job I do and so to be recognised for doing the thing you most enjoy, is a very good thing indeed.  I have very much enjoyed working with my fellow non-executives and the executive team to bring about some important changes in the organisation, and we are now united in our focus on positioning our organisation to meet challenging market conditions and win new business in new markets and new geographies."

Dick was shortlisted for the FTSE category in February 2011 along with Sir John Buchanan, BHP Billiton and Sir Simon Robertson, Rolls Royce.

Visit www.nedawards.co.uk and www.sundaytimes.co.uk for more awards information.