Airbus selects Faury as future CEO
Guillaume Faury is set to become Airbus’ next CEO on April 19, 2019, at the company’s AGM. (Photo: Airbus)
The board of directors of Airbus SE selected Guillaume Faury as the future chief executive officer of Airbus. Faury, 50, who currently serves as president of Airbus Commercial Aircraft, will succeed Tom Enders, 59, who remains CEO until the Annual General Meeting on April 10, 2019, when the appointment of Faury as executive member of the board will be submitted to shareholders.
“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,” Enders said. “With his strong values and international mindset, Guillaume stands for the new generation of leaders that Airbus needs for the coming decade.”
Faury served in various senior management roles at Eurocopter from 1998 to 2008. Starting in engineering, then flight test, he later became executive VP for commercial programs, then executive VP for research and development.
In 2009, Faury joined Peugeot S.A., where he served as executive VP 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.
“We have diligently prepared for this succession, reaching a unanimous conclusion after a thorough examination of all potential candidates, internal and external,” Denis Ranque, chairman of the board of directors of Airbus, said. “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.”
Faury notes he will remain fully dedicated to leading the commercial aircraft business over the next few months during the transition. “I am honoured to have been selected by the board to lead this extraordinary company. I look forward to taking on this new challenge with passion and enthusiasm, relying on the exceptional expertise and engagement of all Airbus people around the world,” he said.
Ranque will continue as chairman of the board until the end of his mandate in April 2020. At that time and after seven years as chairman, he has requested to leave the board to pursue other interests. “The board of directors is very grateful to Tom Enders, who has served Airbus with much passion and success for almost two decades,” Ranque said. “The company’s strategic, structural and governance transformations brought about under Tom’s leadership, stand Airbus in good stead to pursue its performance trajectory and continue to deliver on commitments to our shareholders and the wider financial community in future years.”
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