The motor car manufacturing and aerospace, power systems & defence company Rolls-Royce has appointed Daily Mail‘s Stephen Daintith as the new Chief Financial Officer (CFO). Stephen has been the Finance Director for Daily mail ever since 28th March 2011. And now it is stated that Stephen will be replacing the current CFO of Rolls-Royce David Smith in the year 2017.
Stephen’s appointment as the new CFO might urge Rolls Royce to come up with some new aspects which will benefit the company. His new ways of financial planning might exclude all the financial risks from the car and aerospace division of the company as well. However, Stephan’s immense dedication towards Daily Mail as a CFO was quite noticeable and it fetched him this reputed designation. Stephen has a deep knowledge about international financial risk management. Therefore, it will help Rolls-Royce in fetching valuable benefits.
Due to Stephan’s immense contribution to Daily Mail as a Chief Financial Officer benefitted the British Daily in many ways. Apart from Daily Mail he also worked as the CFO for Dow Jones & Company Inc. of News Corp in 2008. Stephan has also gained experience in his field by working as an Executive Vice President for Dow Jones and as a CFO for News International Limited in the year 2005.
Being a graduate from Leeds University Stephen has a degree of a Chartered Accountant. He had worked for nine long years for the British multinational tobacco company British American Tobacco (BAT). He started working at PriceWaterhouse as an Accountant at the initial stage of his career and dealt with banking, oil & gas, retail and so on at the multinational company. Stephen has also worked with Pakistan Tobacco Company as a Non-Executive Director.
With an experience of almost 30 years, Stephan will surely bring in a new and impressive change in the financial division of Rolls Royce.