Rolls-Royce names Panos Kakoullis as new CFO

Britain's Rolls-Royce named Panos Kakoullis as its new chief financial officer, appointing the former head of Deloitte's audit and assurance practice to help it ride out COVID-19.

The aero-engines maker said on Monday that Kakoullis would start on May 3. Current CFO Stephen Daintith, who resigned last year but agreed to stay until a replacement was found, will leave Rolls-Royce on Mar. 19.