Following the shock resignation of BAE CEO John Weston in early 2002, Geoghegan was promoted to joint Chief operating officer. He replaced Mike Turner who was himself promoted to CEO to replace Weston.
With effect from January 2007 Geoghegan and his co-COO were replaced by Ian King. King was promoted in what the Financial Times described as "in part designed to improve relations with the MoD further". Geoghean maintains his responsibility for BAE's partnerships, including MBDA, and remains on the board and reports to King.
- Harney, Alexandra (2002-04-06). "Geoghegan move welcomed by BAE investors". Financial Times. The Financial Times. p. 13.
- Goodley, Simon (2002-04-06). "BAE fills last of the senior jobs". The Daily Telegraph. Telegraph Group. p. 29.
- Boxwell, James (2006-12-23). "Tornados' upkeep role opens deals to BAE weapons". Financial Times. The Financial Times. p. 4.
- Harrison, Michael (2006-11-11). "Succession battle hots up at arms manufacturer BAE". The Independent. Newspaper Publishing. p. 48.
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