Airbus names former Deutsche Telekom boss as next Chair


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Airbus names former Deutsche Telekom boss as next Chair

On Wednesday, the 10th of April 2019, the Netherland-based aircraft maker, Airbus, had nominated former Deutsche Telekom boss, Germany’s Rene Obermann, 56, as its new Chairman, while Frenchman Guillaume Faury had been preparing to become its next Chief Executive, indicating that a Franco-German convergence at the operational level could bring forth a thorough and sweeping management reform.

As beforementioned, Europe’s largest aircraft maker, had issued a statement on Wednesday (April 10th) saying that they would be proposing former Deutsche Telekom boss Rene Overmann as the aerospace company’s Chairman from 2020, cementing a transcending shift what current Chairman, Denis Ranque had termed as “a new generation of management”.

Airbus, which has been a center of aircraft industry related retaliatory tariff war with Trump Administration, had been facing multiple investigations including US Justice Department’s probe on suspected bribery. Never the less, the Netherland-based aerospace giant had changed its rules, as a move to become more independent and to set aside political differences between EU and United States, although its efforts seemed to be in vein as Trump Administration had already inclined additional tariff on $11 billion of European goods as a retaliation centered on aerospace industry, passively linked to an approval of US-borne Boeing Co.’s Max 737.