Aerospace giant Rolls-Royce announced the resignation of its chairman, Euan Baird, 66, due to a long convalescence after he suffered a stroke in December.
John Moore, also 66, who has been serving as acting chairman in Baird's absence, will remain at the helm until a permanent successor is appointed.
Baird had been in his position for little more than a year, having replaced Ralph Robins as chairman of the group in February 2003.
-- AFP