At Airbus’ Annual General Meeting (AGM) this week, Guillaume Faury was formally appointed Airbus Chief Executive Officer (CEO), replacing outgoing CEO, Tom Enders.

Airbus announced last October that its Board of Directors had selected Faury, previously President of Airbus Commercial Aircraft, as its next CEO.

Guillaume Faury said: “It’s a real privilege to take over as Airbus CEO and lead this outstanding company into the 2020s. I would like to thank the Board and shareholders for their trust. I look forward to working with our great teams and shaping the Airbus of tomorrow, to better serve our customers, increase our competitiveness, and grow in a sustainable way.”

Shareholders also approved the re-election of Non-Executive Board Members Catherine Guillouard, Claudia Nemat and Carlos Tavares for three years. Hermann-Josef Lamberti chose not to seek a renewal of his Board mandate at the 2020 AGM after 12 years as a Board Member and 11 years as Chairman of the Audit Committee.

Catherine Guillouard will replace Hermann-Josef Lamberti as Chair of the Audit Committee while Jean-Pierre Clamadieu will join the Ethics and Compliance Committee with immediate effect.

Tech focus

René Obermann will succeed Denis Ranque as Chairman of the Airbus Board of Directors when his current mandate expires at the close of the 2020 AGM.

Obermann has been an independent non-executive Member of the Airbus Board of Directors since April 2018. He has served as a Managing Director of private equity house Warburg Pincus since 2015 and is also a Member of the Boards of Telenor ASA and Allianz Deutschland AG. Between 2006 and 2013, René Obermann was Chief Executive Officer of Deutsche Telekom AG.

“After a thorough review, the Board has selected a very capable successor to take over when I step down as Chairman next year,” said Denis Ranque. “Through his current role as a Board Member, René Obermann already knows Airbus well, while his entrepreneurial background and executive experience leading senior management teams brings the right competences and mindset. René’s expertise will also prove invaluable for Airbus’ strong technology focus and his appointment also maintains international diversity at Board level.”

The proposed 2018 gross dividend of € 1.65 per share was approved at the AGM and will be paid on Wednesday April 17. It represents a 10% increase over the 2017 payment.

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