|23 November 2009
Australian submarine and shipbuilder ASC has welcomed the appointment of Mr Stephen Ludlam as the company’s new Managing Director and Chief Executive Officer.
Mr Ludlam is the President – Submarines for Rolls Royce (UK) and has been appointed to the position following a global executive search.
ASC’s Chairman, Vice Admiral Chris Ritchie AO said that Mr Ludlam has exactly the skills and experience needed at ASC at this time in the company’s development.
“Stephen has a proven track record as a versatile, senior transformation leader and will bring deep experience in complex submarine systems to the role of Managing Director and Chief Executive Officer.” Vice Admiral Ritchie said.
“The Company is entering a new era; construction on the Hobart Class Air Warfare Destroyer is to commence shortly, with recent external reviews reporting that the project is on time, on budget and well prepared for the task ahead.”
“Similarly, ASC is putting considerable effort into a renewed focus on the Collins Class Submarines to ensure its continued availability as the world’s best conventional submarine. Our aim is to implement best practice maintenance and efficiency standards to ensure that the Navy’s needs are being met.”
Mr Ludlam said that he is pleased to have been selected for the role and is ready for the many and varied challenges and opportunities that face ASC now and in the future.
“I am looking forward to building upon the unique skills and expertise already contained within ASC and to continue to forge a path for ASC in the Australian naval defence industry”
Vice Admiral Ritchie thanked Mr Graeme Bulmer for his significant contribution to ASC during his period as Acting Managing Director and Chief Executive Officer whilst ASC undertook its wide ranging executive search.
Mr Bulmer oversaw ASC’s organisational restructure and implemented a number of key initiatives to assist the Defence Materiel Organisation in their drive to cut costs, establish a new maintenance contract and prepare for the future submarine project.
Stephen Ludlam will commence the role in January 2010.
Stephen is 56 years old and holds a Master of Science from Royal Naval College, Greenwich and is a Chartered Engineer and a Fellow of the Institution of Mechanical Engineers.
Stephen has worked for Rolls Royce for 34 years and is currently the President – Submarines, responsible and accountable for Rolls Royce’s entire submarine business.
Over the 34 years Stephen has held numerous positions with Rolls Royce as he moved up the management ranks. Stephen has been, among others, the Executive Vice President – Naval Marine Europe, Executive Vice President – Naval Marine, Submarines and the General Manager – Reactor Test Establishment. Stephen is widely regarded as a leading authority in nuclear engineering and implementation of the risk management in major engineering programs.
Stephen is a senior stakeholder in a number of Ministry of Defence strategic change programs; he has strong relationships with the Ministry of Defence and major industry not only in the United Kingdom but also in Europe and the United States.