27-Jan-2012 8:56 AM

EADS announces major changes to management team; Tom Enders to head company

EADS board announced (26-Jan-2012) it has designated Tom Enders to take over the role of CEO when Louis Gallois steps down at the end of his mandate. Concurrently, Arnaud Lagardère will assume the role of chairman of the board, a position presently held by Bodo Uebber. The change-over will take place after the company’s AGM on 31-May-2012. These new mandates carry a five-year term. The board also announced the following management team changes, effective 01-Jun-2012:

  • Fabrice Brégier will succeed Tom Enders and become CEO of Airbus;
  • Günter Butschek, presently head of operations of Airbus will be appointed to the position of COO of Airbus;
  • Harald Wilhelm will become CFO of EADS, alongside his present role as CFO of Airbus, following the request of Hans Peter Ring to retire from the company and pursue other objectives. Mr Ring will be preparing his successor for this transition over the next months, and will remain close to him as a senior advisor until the end of 2012;
  • Marwan Lahoud was reappointed as chief strategy and marketing officer (CSMO);
  • Thierry Baril will assume the role of head of human resources (HR) for EADS; he will retain his duties as head of Airbus HR together with his expanded responsibility. Jussi Itävuori will leave the company after 10 years as head of HR for EADS. He continues to represent EADS on the board of Patria in Finland. [more - original PR]

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