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Airbus board selects new CEO

new contract signed for raaf multi role tanker transports
Key Australian aerospace supplier, Airbus has selected a new CEO, Guillaume Faury to begin the position in April 2019 (Source Airbus)

The Airbus board of directors has selected Guillaume Faury as the future chief executive to succeed Tom Enders, who remains CEO until April 2019. 

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.

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In 2009, Faury joined Peugeot, 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.

Enders 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." 

Denis Ranque will continue as chairman until the end of his mandate in April 2020, as foreseen in the staggered board succession process, introduced at the 2016 AGM. At that time, and after seven years as chairman, Ranque has requested to leave the board to pursue other interests.

"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," Ranque said. 

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Airbus is a global leader in aeronautics, space and related services. 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 civil and military rotorcraft solutions worldwide. 

Airbus board selects new CEO
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