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Shifting sands: Airbus stand-off with Qatar over A350 flaw escalates

Airbus: Dominik Asam future Chief Financial Officer

Airbus: Dominik Asam future Chief Financial Officer
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Airbus: Major shifting in top management

Airbus confirmed the departure of chief Fabrice Bregier as part of a series of board moves on Friday to clear the air over succession plans following weeks of speculation surrounding Europe’s largest aerospace firm. The Board of Directors of Airbus SE has decided on a series of Executive changes that ensure an orderly succession in the Executive leadership of Airbus. Tom Enders (59) has advised the Board that he does not wish to seek another term as Chief Executive Officer (CEO) beyond his current mandate which runs until the 2019 Annual Shareholders Meeting (April 2019). “The privilege of serving this great company comes with a responsibility to support a smooth succession when the time is ripe. In 2019, I will have served all together 14 years at the helm of Airbus and EADS. It’s been a long and exciting journey but now is the time to initiate a leadership change. We need fresh minds for the 2020s. In the coming 16 months, I will work with the Board to ensure a smooth tran

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