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Tuesday, November 5, 2024
CEOWORLD magazine - Latest - Banking and Finance - Airbus Board Prepares for Leadership Continuity and Strategic Transition

Banking and Finance

Airbus Board Prepares for Leadership Continuity and Strategic Transition

The Board of Directors of Airbus SE has announced plans to propose the renewal of Guillaume Faury’s role as Executive Board member and Chief Executive Officer at the 2025 Annual General Meeting.

Alongside this proposal, Airbus revealed an upcoming leadership transition in its Commercial Aircraft division. Lars Wagner, currently CEO of Munich-based MTU Aero Engines AG, will join the Airbus Executive Committee after concluding his tenure at MTU. Wagner has been designated as the successor to Christian Scherer, who currently serves as CEO of the Commercial Aircraft business.

Airbus CEO Guillaume Faury expressed enthusiasm for Wagner’s appointment, describing him as an outstanding industry leader returning to the Airbus family. Faury stated that Scherer would continue leading the Commercial Aircraft division until Wagner’s transition is complete, emphasizing that he and Scherer will maintain close collaboration to support Airbus’s objectives within a highly dynamic industry.

Christian Scherer also welcomed the transition, noting that he remains dedicated to the success of Airbus following his four-decade career with the company. He conveyed his strong support for Wagner’s nomination, stating that Wagner, a trusted colleague, is the ideal choice to lead the division. Scherer looks forward to working closely with Wagner as the transition progresses.

 

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CEOWORLD magazine - Latest - Banking and Finance - Airbus Board Prepares for Leadership Continuity and Strategic Transition
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz