Panos Kakoullis will join Rolls as it tries to weather the historic aerospace downturn resulting from the coronavirus pandemic.
The U.K. engineering company “has been driven to the fundraising by the worst crisis to hit the aviation industry."
AutoZone, Ocado, Avient, Casper Sleep, Peoples Bancorp, Navy Federal Credit Union, Bionano Genomics, Smith & Wesson, Tattooed Chef
Most of the cuts will come in the civil aerospace division, which makes engines for Boeing and Airbus.
The massive, high-risk debt weighing down so many defined benefit plans promises to accelerate the pace of pension-risk transfer undertakings.
Chief restructuring officer Declan Guerin's mission is to make Rolls-Royce "simpler, leaner, and more agile."
Rolls-Royce, SL Green Realty, Health Alliance Plan, Clean Energy Fuels, 3D Systems, Global Eagle Entertainment, Xoom, Rex Energy, Employers Holdings
