Airbus confirms management shake-up, CEO Tom Enders to leave in 2019
Airbus has announced major upcoming changes to its leadership team, with Tom Enders to leave his role as Chief Executive Officer in 2019.
Enders has held the top job at the French aeronautical corporation since June 2012 having previously headed up its commercial aircraft division, but he will not stand for re-election.
Internal and external candidates will be assessed for the role but one person who won't be considered is current COO Fabrice Bregier, who is to leave the company in February after 25 years.
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Bregier, who also acted as President of Airbus Commercial Aircraft, will be replaced by current CEO of Airbus Helicopters Guillaume Faury.
Enders said in a statement: "The privilege of serving this great company comes with a responsibility to support a smooth succession when the time is ripe.
"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 transition to the next CEO and a new generation of leaders while focusing on our business challenges."
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