Guillaume Faury to become new Airbus CEO

posted on 10th October 2018 by Justin Burns
Guillaume Faury to become new Airbus CEO

The board of directors of Airbus has selected current president of commercial aircraft Guillaume Faury as its new chief executive officer (CEO) and he will succeed Tom Enders who remains CEO until the AGM on 10 April 2019.

Enders said: “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. With his strong values and international mindset, Guillaume stands for the new generation of leaders that Airbus needs for the coming decade. He knows he can rely on me to facilitate a smooth transition.”

Faury served in various senior management roles at Eurocopter from 1998 to 2008. Starting in engineering, then flight test, he later became executive vice president (EVP) for commercial programmes, then EVP for research and development.

In 2009, Faury joined Peugeot where he served as EVP 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.

Faury said: “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.

“For the coming months I remain fully dedicated to leading the commercial aircraft business, delivering our utmost to satisfy our commercial aircraft customers and transitioning the organisation to the next generation of leaders.”

Denis Ranque will continue as chairman of the Airbus board until the end of his mandate in April 2020, as foreseen in the staggered board succession process, introduced at AGM 2016. At that time and after seven years as chairman, Ranque has requested to leave the board to pursue other interests. The board will commence the process of selecting a new chairman in due course.