Issue date: 20 February 2012
Wednesday 22 February 2012, 18:00-20:30, Frenchay Campus
Peter Rogers, CEO of Babcock plc, will share his experience of transforming a business at the next Distinguished Executive Address at UWE Bristol.
Since 2002 Babcock International has completely transformed itself from a financially challenged manufacturer of material handling equipment to the leading engineering support services company in the UK. In the process sales have gone from £400 million to over £3 billion and operating profits from £12 million to some £350 million.
In his talk, 'Growth Pains', Peter Rogers, who has been the Chief Executive of the company throughout this period, will talk about the challenges, inherent in growth at this pace and the issues surrounding a business which has grown both organically and by acquisition.
The Distinguished Executive Address Series 'Meet the Leaders of Industry' is organised by Bristol Business School in association with the IOD, CBI, CMI and Business West. Leaders from key UK businesses and organisations talk to students and staff about the challenges, issues and decisions being made at the highest level of strategic leadership.
Born in Rugby in 1947, Peter Rogers attended Wymondham College in Norfolk and later graduated from the University of Manchester with a law degree subsequently qualifying as a Chartered Accountant. Peter joined Babcock International Group as Chief Operating Officer in June 2002 and was appointed Chief Executive in August 2003. Prior to joining Babcock, Peter had been a director of Courtaulds and deputy chief executive of Acordis a private equity funded buy out following the takeover of Courtaulds by Akzo Nobel. His early career had been spent with Ford Motor Company where his last job was Manager, European Strategy and Planning.
As Chief Executive of Babcock, Peter has been responsible for both organic growth and acquisitions which has taken the company from a market capitalisation of some £150 million to its current level of over £2.4 billion. Profits have risen from some £12 million to approaching £350 million.
Babcock is the second largest supplier to the UK Ministry of Defence with sales to them of some £1.5 billion. Major activities include the support of the nuclear submarine fleet at HMNB Clyde and at Devonport, refitting of Surface Ships at Devonport and Rosyth, management of Defence Estates Prime Contracts for the South West and Eastern regions and training of Army, RAF and Naval personnel.
Babcock is the leading supplier of support services to the UK nuclear sector with a resource of some 2,500 people qualified in the nuclear arena. It operates sites at Devonport, Faslane, Rosyth and Dounreay. It is also the largest provider of apprentice level training in the UK with a client list which includes BMW, VAG Group, EDF and Network Rail.
There will also be an opportunity for the audience to put forward their issues and questions at this event.
The series of talks will continue at UWE Bristol's Frenchay Campus until Wednesday 18 April and will feature Chairmen, CEOs and institutional leaders representing a variety of sectors.
Thursday 22 March, 18:00-20:30, Christine Hodgson, Chairman of Capgemini UK plc will give a talk 'Embracing technology for success'.
Tuesday 27 March, 18:00-20:30, Sir Ian Gibson, Chairman of Morrisons plc will give a talk 'Boards, Management Teams and Big Teams'
Wednesday 18 April, 18:00-20:30, Dame Liz Forgan, Chair of the Arts Council will give a talk 'The arts: a serious business'
Series organiser, Professor Nicholas O'Regan says, “We are delighted by the calibre of this year's speakers, the series is an excellent opportunity for members of the business community in Bristol, as well as our own students, alumni and staff to hear directly from inspirational figures in industry with a wealth of strategic experience and leadership skills at the highest level.”
The Distinguished Executive Address Series is free to attend and open to UWE Bristol students, staff, alumni and members of the business community. To register for forthcoming talks visit: www.uwe.ac.uk/dea