Charles Woodburn

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Charles Woodburn
Born
Charles Nicholas Woodburn

March 1971 (age 50)
NationalityBritish
Alma materSt John's College, Cambridge University
Erasmus University Rotterdam
OccupationBusinessman
TitleCEO, BAE Systems
TermJuly 2017-
PredecessorIan King

Charles Woodburn (born March 1971) is a British businessman who has been the CEO of BAE Systems since July 2017.[1]

Education[]

Woodburn earned a bachelor's degree in electrical sciences from St John's College at the University of Cambridge in 1992[2] and a PhD in engineering from Cambridge University, followed by an MBA from Erasmus University Rotterdam.[1]

Career[]

Before working for BAE Systems, Woodburn was chief executive of Expro Group, which surveys and manages oil and gas wells around the world. He had also spent 15 years at Schlumberger, an oil services company, overseeing major projects in Thailand, Australia, and the US.[2]

On joining BAE Systems he was to be paid a base salary of £750,000 a year and given more than £1.6m to buy him out of incentive schemes at Expro.[3] It was reported in December 2016 that he was paid a total joining package worth £3 million.[4] In 2021, Woodburn received a salary rise of 13% to bring his annual pay to £1.1 million.[5] He is also in line for an extra £2 million long-term share award payable if he stays at BAE until the end of 2023.[5]

References[]

  1. ^ a b "Executive Profile: Charles Woodburn". Bloomberg.com. Retrieved 27 October 2017.
  2. ^ a b Ruddick, Graham (2016-02-15). "Who is Charles Woodburn, the man set to take the helm at BAE Systems?". The Guardian. ISSN 0261-3077. Retrieved 2020-04-27.
  3. ^ Ruddick, Graham (February 15, 2016). "Who is Charles Woodburn, the man set to take the helm at BAE Systems?". The Guardian – via www.theguardian.com.
  4. ^ "BAE Systems boss sees pay package rise by 18% to £3.5m". Belfasttelegraph – via www.belfasttelegraph.co.uk.
  5. ^ a b Reuters (2021-04-22). "BAE Systems faces mounting criticism over CEO's pay to stay". Reuters. Retrieved 2021-11-12.
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