Homepage / Currency / Airbus board triggers a shake-up to end its succession battle
“Bonus 125% + Two Hundred Fifity F 2024 Ücretsiz Demo Oyna & Slot Bonus Mostbet Türkiye Çevrimiçi Kumarhane Mostbet Casin Glory Casino Pra Çekme İşlemi: Nasıl Yapılır? Detaylı Anlat 1win Casino Resmi Site, Bahis Ofisi, Slotlar, Oyun Makineler Игры В Онлайн Казино Бесплатно и Без Регистраци Игры В Онлайн Казино Бесплатно и Без Регистраци 1xbet Обзор 2024 ️ Отзывы Игроков И Рейтинг Эксперто Online Casino Games Play Now And Win Bi Glory On Line Casino Android Ve Ios Cihazlar Için Mobil Uygulamayı Ücretsiz Indiri Türkiyede Fame Casino Giriş Çevrimiçi Slot Ve Diğer Oyunları Oynay Mostbet İncelemesi 2024 » Spor Bahisleri, Giriş & Oyunla Başkanın ilk icraatı işçi kıyımı olmuştur! 719 7slots kumarhane 90 Business Online Solutions What Is a Board Analysis? The Importance of Planning and Programs Development How Board Governance Software Improves Meetings and Governance How to Craft a Successful Board Meeting Reminder Benefits of a Virtual Data Room for Bankruptcy VDR Example for Business Hong Kong ユースカジノの登録方法を初心者にも分かりやすく図解入りで解説 チェリカジ 5 Как быстро пополнить счет в Казино Х в любой валюте Официальный сайт Up X казино и мгновенные игры Paşa Casino Mobil Uygulama 2025 Giriş Üyelik Bonusu Freespin No Deposit Bonus Casino Free Spins In New Zealand What Are The Best Online Casinos For Real Money Pokies And Bonuses In Australia Дэдди Казино официальный сайт Джойказино: информация про официальный сайт Glory Casino giriş için buraya tıkla ve Türkiyede en popüler casino kullanıcısı ol Les Gambling establishments en Ligne en France 2024 200% Reward + 300 Free Rotates LevelUp Internet casino Melbourne En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi Le meilleur casino en ligne franзais Extra Casino avec le dйpфt minimal le in addition bas Yeni Casino Siteleri ᐈ Çevrimiçi Kumarhaneler Mart 2024 Les gambling establishments en ligne proposent une grande variйtй de jeux de internet casino gratuits. Türkiye’deki Resmi Web Sitesi Google Play, Türkiye’de kumar oyunlarına izin verecek Her Gün Tatil Olsa ORDU’DA PAZARTESİ GÜNÜ FINDIK FİYATI NASIL? كازينو اون لاين الكازينوهات الممتازة على الإنترنت ألعاب الكازينو المباشرة مينا كازينو العر Google Play, Türkiye’de kumar oyunlarına izin verecek Domain Sorgulama & Domain Fýrsatlarý Canlı Casino Siteleri: 2024 Güvenilir Siteler Seçilmiştir Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın 1xbet Türkiye Giriş Empieza Kayıt 202 Kumar Ve Kumarhaneler Hakkında Pek İlginç 21 Bilgi Kumarhane Doğru Yazımı Nedir? Tdk Ile Kumarhane Kelimesinin Doğru Yazılışı! Mobilbahiste En İyi Kumar Bonusları Ve Kazançlar Mobilbahis Giriş Sayfası On Line Casino Siteleri En Iyi Casino Siteleri 2024 Mostbet: Türkiye’de Internet Casino Mostbet Online Slotlar Ve Canlı-casin Pin Up Casino Oyna Türkiye, Pinup’un Sah Web Sites Ifade Haberleri Son Dakika Ifade Hakkında Güncel Haber Ve Bilgiler “önceliğimiz Transferin Önünü Açmak, Görüştüğümüz Yerler Var” On Line Casino Nuh’un Gemisi Deluxe Resort & Spa, Kıbrıs The Benefits of Document Management Bonus Veren Siteler 3 000 Den Fazla Online Oyunu Ücretsiz Oyna En Tehlikeli Kumar Oyunu Ekşi Sözlük Deneme Bonusu Veren Siteler Deneme Bonusu 2024 Explore the Magic of WildCardCity Güvenilir Bahis Siteleri En İyi Kumar Siteleri Balıkesir Triatlonuna Avrupadan Ödül Tricks of the Aviator gambling establishment game by Spribe Çevrim Içi Kumar Siteleri “bonus” Yalanıyla Kandırıyor En Güvenilir Canlı On Line Casino Siteleri Xbetting-tips Com Uncovering the Abundant Tapestry of Ozwin Gambling establishment Evaluating Board Portal Providers Uncovering the Wealthy Tapestry of Ozwin On line casino Electronic Data Area Providers Evaluation Cobra Internet casino: Raising the Australian On the internet Video gaming Practical experience 4 Things to Search for in Safeguarded Cloud Safe-keeping Fastpay On line casino Australia – Simple and No-Taxation Wagering Web page officielle franзaise de Joka Gambling establishment The Software Development Universe Game Woo Internet casino – Enjoy Slot machine games around australia Ostdeutsche Biersorten What Are Virtual Data Rooms? Vitamin D Receptor Polymorphisms Revue du Casino BlackLabel Faktory, kterй ovlivnujн hodnocenн ceskэch online kasin How to Make the Most of Your Web Development Organization and Advertising Efforts L’essor des casinos en ligne en France Boost Meeting Efficiency With Boardroom Technology Developments WildJoker Casino WildCardCity On line casino – Guaranteed Australian Gambling Portal New Post WildCardCity Casino – The Ideal On the internet Gambling establishment within australia Modern Technologies Produce Sharing Documents Online Faster and More Protect Free Virtual Info Room pertaining to Speedy Due Diligence A Review of Data Area Software For people who do buiness Five Board Bedroom Features Which will help You Acquire a More Productive Boardroom Electronic Systems To your Business Understanding Legal Terms and Laws in Today’s World The Laws and Contracts of Hollywood: A Sunset Blvd. Tale Legal Discussion Between Johnny Cash and Antonin Scalia Legal Insights: What Teens Should Know

Currency, United States Finance

Airbus board triggers a shake-up to end its succession battle

Airbus confirmed the departure of planemaking 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 move gives rival Chief Executive Tom Enders a free hand for the rest of what will now be his last term as CEO, ending in April 2019, but also casts him as a caretaker as Airbus looks for fresh blood to lead it out of a growing corruption scandal.

Confirming details reported by Reuters on Thursday, Airbus said Bregier would be replaced in February as president of the main planemaking division by fellow Frenchman Guillaume Faury, the 49-year-old chief of Airbus Helicopters who has also worked in automobiles.

German-born Enders, who had earlier this year voiced interest in staying beyond 2019, will now step down at the end of his current term, saying in a statement it was time for “fresh minds for the 2020s.”

Shares in Airbus remained broadly flat.

“Fabrice … was very popular with airlines for his rapid response and attention to details. Airbus has a big pool of talent … and will power on with new leadership,” Peter Bellew, chief operations officer at Ryanair (RYA.I) and former CEO of Malaysia Airlines, told Reuters.

Airbus officials sought to dampen speculation that Enders had a hand in his deputy’s departure and presented the move as the work of an independent board.

But analysts said the push for a fresh start had curtailed the ambitions of both executives, ending a longstanding but troubled partnership at the helm of Airbus. Even so, many saw Enders as a clear winner.

Enders in 2014 froze payments to middlemen and later shared an audit revealing misleading filings with UK authorities, but has seen his authority challenged as the discovery triggered UK and French fraud investigations and a backlash in France.

“It means two things: that despite his wishes, Enders could be replaced, and it would not automatically be Bregier,” a senior source with close links to the company said.

The overhaul is not directly connected to investigations but both men appear to have suffered collateral damage from the probes, which made their differences clearer, one source said.

The company said the board had acted to secure an orderly succession at the world’s second-largest planemaker.

During 2018, the board will look both inside and outside for a successor to 58-year-old Enders “in good time” for confirmation at the 2019 annual shareholder meeting, it said.

The shake-up came after Bregier, a 56-year-old who has long been seen as the natural heir to Enders, told the board he did not intend to be part of the selection process for 2019 and would therefore step down in February to “pursue other interests” – widely viewed as code for not being short-listed.

Enders said he would work to ensure a smooth transition.

However, both scarcely tried to mask tensions as Bregier recalled changes of title – a pointed reminder of a bitter feud with Enders – while Enders said he agreed with Bregier’s decision “and frankly, I would not have done differently”.

Some sources said Bregier had sought support from the French government and Airbus’s French chairman, prompting the board to show its muscle. But the selection process will remain under scrutiny from investors worried about any return to past efforts by shareholders France or Germany to tilt appointments.

“We believe the worst thing that could happen at Airbus in the coming 12-24 months is for evidence of political considerations coming to the fore,” Jefferies analyst Sandy Morris said.

Source: cnbc
Airbus board triggers a shake-up to end its succession battle

Comments are closed.