Running Rolls Royce
The Bottom Line
BBC
4.6 • 606 Ratings
🗓️ 16 February 2023
⏱️ 29 minutes
🧾️ Download transcript
Summary
Warren East has run two of the UK's most successful companies, ARM and Rolls Royce Holdings. During his tenure at ARM he oversaw a rapid growth of this globally successful Cambridge semi conductor company. He went on to lead Rolls Royce during a time of turbulence, from aircraft engine trouble, to COVID and a massive restructure which led to several thousand redundancies. He shares his reflections on his business career, as well as his thoughts on Brexit, tax and economic growth.
GUEST
Warren East, former CEO Rolls Royce Holdings Ltd.
PRODUCTION TEAM
Producer: Julie Ball Editor: China Collins Sound: James Beard and Graham Puddifoot Prod Co-ordinator: Siobhan Reed
Transcript
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| 0:00.0 | BBC Sounds, Music, Radio, podcasts. |
| 0:05.4 | Hello, welcome to the programme. This week, one guest, multiple things to discuss, because he is |
| 0:11.8 | Warren East, the 61-year-old engineer who, for most of this century, has been a chief |
| 0:17.2 | executive of two different companies, and not any old companies, but really the crown jewels |
| 0:22.4 | of the British private sector. First, Arm Holdings from 2001 to 2013, a 12-year stint at the top of |
| 0:28.9 | the company that many may still not have heard of, but all benefit so much from its work. Arm is the |
| 0:35.1 | chip designer to the world. Warren was there as smartphones took off |
| 0:39.2 | with most of them around the globe armed with armed designed chips. Then from 2014 to 2022 he had an |
| 0:47.4 | eight-year stint at sometimes difficult stint in fact running Rolls-Royce, the jet engine maker, |
| 0:53.6 | not the car company. |
| 0:54.8 | Never a dull moment there, whether it was dealing with a billion pound problem caused by |
| 0:59.9 | blades cracking on one of Rolls-Royce's key engines for new planes, or investing in new modular |
| 1:06.0 | nuclear reactors to generate low-carbon electricity. |
| 1:09.8 | Well, Warren East is with me in the bottom line studio, |
| 1:12.7 | arguably the most important British business figure this century. I'm bigging you up here, |
| 1:17.0 | Warren. You certainly are. But look, let's just start with Rolls-Royce, because it was a very difficult |
| 1:22.6 | and torrid time at times when you're in charge that. And let's just start with that Trent |
| 1:26.8 | 1000 engine, because this is an engine very important. |
| 1:31.3 | 787 Dreamliner, Boeing plane. |
| 1:34.6 | They've given two companies, really, the franchise to produce engines for these planes. |
| 1:40.3 | Rolls-Royce, General Electric. |
| 1:42.2 | What happened? |
... |
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