DGAP-Ad-hoc: Airbus SE / Key word(s): Change of Personnel
Airbus Board of Directors Selects Guillaume Faury Future Chief Executive
Officer
08-Oct-2018 / 18:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*Ad-hoc release, 8 October 2018*
*Airbus Board of Directors Selects Guillaume Faury Future Chief Executive
Officer *
The Board of Directors of Airbus SE (stock exchange symbol: AIR) has
selected Guillaume Faury as future Airbus Chief Executive Officer (CEO).
Faury, 50, who currently serves as President Airbus Commercial Aircraft,
will succeed Tom Enders, 59, who remains CEO until the Annual General
Meeting (AGM) on 10 April 2019, when the appointment of Faury as executive
member of the Board will be submitted to shareholders.
Tom Enders, CEO of Airbus, said: "Guillaume is an excellent choice. He has
gained broad industrial and aeronautic experience over many years and in
many roles both inside and outside Airbus. With his strong values and
international mindset, Guillaume stands for the new generation of leaders
that Airbus needs for the coming decade. He knows he can rely on me to
facilitate a smooth transition."
Guillaume Faury served in various senior management roles at Eurocopter from
1998 to 2008. Starting in Engineering, then Flight Test, he later became
Executive Vice President for Commercial Programmes, then Executive Vice
President for Research and Development.
In 2009, Faury joined Peugeot S.A., where he served as Executive Vice
President for Research and Development as a Member of the Managing Board. In
May 2013, Faury returned to Airbus as CEO of Airbus Helicopters and in early
2018 he took the helm of Airbus Commercial Aircraft.
Denis Ranque, Chairman of the Board of Directors of Airbus, said: "We have
diligently prepared for this succession, reaching a unanimous conclusion
after a thorough examination of all potential candidates, internal and
external. We are delighted to be appointing someone of Guillaume's calibre
to take the helm. His global outlook, extensive operational experience,
strong personal values and straightforward leadership style make him the
ideal candidate to rally Airbus teams in the delivery of value to customers,
partners and shareholders going forward. The Board of Directors is very
grateful to Tom Enders, who has served Airbus with much passion and success
for almost two decades. The company's strategic, structural and governance
transformations brought about under Tom's leadership, stand Airbus in good
stead to pursue its performance trajectory and continue to deliver on
commitments to our shareholders and the wider financial community in future
years."
"I am honoured to have been selected by the Board to lead this extraordinary
company.
I look forward to taking on this new challenge with passion and enthusiasm,
relying on the exceptional expertise and engagement of all Airbus people
around the world," said Guillaume Faury. "For the coming months I remain
fully dedicated to leading the commercial aircraft business, delivering our
utmost to satisfy our commercial aircraft customers and transitioning the
organisation to the next generation of leaders."
Denis Ranque will continue as Chairman of the Board of Directors until the
end of his mandate in April 2020, as foreseen in the staggered board
succession process, introduced at AGM 2016. At that time and after seven
years as Chairman, Denis Ranque has requested to leave the Board to pursue
other interests. The Board will commence the process of selecting a new
Chairman in due course having regard to, as expressed in its internal rules,
the importance of maintaining international diversity at Board and
Management level.
* * *
*About Airbus*
Airbus is a global leader in aeronautics, space and related services. In
2017 it generated revenues of EUR 59 billion restated for IFRS 15 and
employed a workforce of around 129,000. Airbus offers the most comprehensive
range of passenger airliners from 100 to more than 600 seats. Airbus is also
a European leader providing tanker, combat, transport and mission aircraft,
as well as one of the world's leading space companies. In helicopters,
Airbus provides the most efficient civil and military rotorcraft solutions
worldwide.
*Contacts for the media*
Rainer Ohler +33 630 123 962
Véronique Creissels +33 680 067 350
Martin Agüera +49 175 227 4369
Stefan Schaffrath +33 616 095 592
This and other press releases and high resolution photos are available on:
AirbusNewsroom [1]
08-Oct-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Airbus SE
P.O. Box 32008
2303 DA Leiden
Netherlands
Phone: 00 800 00 02 2002
Fax: +49 (0)89 607 - 26481
Internet: www.airbusgroup.com
ISIN: NL0000235190
WKN: 938914
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
731341 08-Oct-2018 CET/CEST
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(END) Dow Jones Newswires
October 08, 2018 12:15 ET (16:15 GMT)
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