{"id":61694,"date":"2017-12-15T14:09:28","date_gmt":"2017-12-15T14:09:28","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2017\/12\/15\/airbus-ceo-to-step-down-after-contract-ends-coo-on-the-way-out\/"},"modified":"2026-08-08T00:38:21","modified_gmt":"2026-08-08T00:38:21","slug":"airbus-ceo-to-step-down-after-contract-ends-coo-on-the-way-out","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2017\/12\/15\/airbus-ceo-to-step-down-after-contract-ends-coo-on-the-way-out\/","title":{"rendered":"Airbus CEO to step down after contract ends; COO on the way out"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">PARIS \u2014 The head of Airbus will leave the European aircraft manufacturer in February, while the chief executive of the parent company will not seek a renewal when his contract ends in 2019, Airbus said Friday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe board of directors of Airbus SE (stock exchange symbol: AIR) has decided on a series of executive changes that ensure an orderly succession in the executive leadership of Airbus,\u201d the company said in a statement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chief Operating Officer Fabrice Bregier will leave Airbus\u2019 commercial aircraft division in February, with the head of Airbus Helicopters, Guillaume Faury, taking up the post, the company said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bregier was the No. 2 at Airbus, and his departure signals the end of a bitter struggle with Enders, business daily Les Echos reported. The two top executives struggled over how to tackle corporate governance as British and French authorities investigated alleged bribery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Airbus CEO Tom Ender told the board of directors he would not seek a fresh mandate after his present contract, which runs to April 2019.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe need fresh minds for the 2020s,\u201d Enders said. \u201cIn the coming 16 months, I will work with the board to ensure a smooth transition to the next CEO and a new generation of leaders.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Enders will keep a close eye on business ethics in his remaining time at Airbus.<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/defensenews\/air\/2017\/09\/18\/airbus-austrias-eurofighter-fraud-allegations-are-politically-motivated\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"189\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/GettyImages-598658834.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">Airbus: Austria\u2019s Eurofighter fraud allegations are \u2018politically motivated\u2019<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">Airbus Defence and Space, in its legal submission to the Vienna public prosecutor, denied all allegations made by Austrian Defence Minister Hans Peter Doskoli.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">\u201cI will focus on our business challenges; and I will further progress and strengthen our ethics and compliance programs,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bregier noted his lengthy service and his years at the Airbus missile and helicopter units.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAfter 25 years with the company including five years as MBDA CEO, four years as CEO of Eurocopter and 11 years as COO, CEO or president of Airbus commercial aircraft, I feel the time is right to pursue other opportunities outside,\u201d Bregier said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The imminent departure of Bregier and announced exit of Enders signal difficult times at Airbus, an analyst said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cLeahy\u2019s departure, now Enders and Bregier \u2014 it\u2019s not healthy for the company,\u201d said Sash Tusa, an analyst with equity research firm Agency Partners. \u201cThe big question is: Who will be Ender\u2019s successor?\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">John Leahy, Airbus\u2019 top salesman, leaves the company next year as he hits retirement age.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Airbus board will consider internal and external candidates for the next CEO of Airbus Group, an appointment intended to assure corporate stability, the company said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe board of directors is responsible for ensuring orderly succession planning and the continuous development of the executive pipeline,\u201d said Denis Ranque, Airbus chairman.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are confident we have taken the right decisions to ensure Airbus\u2019 long-term stability and future success, and we fully support Tom Enders to lead Airbus through this generational handover with our full support,\u201d he added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The British Serious Fraud Office opened an inquiry in 2016 after Airbus contacted the U.K. authorities and passed on its concerns on corporate payments made to sales agents. The French Parquet National Financier fraud office joined that British probe.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The French government is keeping a close eye on the investigations, website La Tribune reported. Bruno Le Maire, France\u2019s economy and finance minister, told La Tribune he had been \u201cbriefed\u201d on the allegations when he took up office at the ministry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI immediately asked the chairman of the board of Airbus to see me so I could ask him to deliver full transparency on the allegations, to give explanation, to give a full explanation to the French state, and beyond those explanations to present a battle plan on how it will put some order into the company,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">France is a shareholder in Airbus but no longer has a seat on the board.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Airbus called in the British authorities once an internal review ordered by Enders in 2015 revealed information on payments made to middlemen on foreign sales of airliners, Les Echos reported. Under the recent French anti-corruption law Sapin II, a company may avoid a criminal prosecution if executives can show preventive measures were taken and reported the concern to the authorities. The Anglo-French inquiry is expected to last years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a surprise announcement, Delta Air Lines said Thursday the company will order 100 Airbus A321neo airliners, with an option for 100 more. Boeing had been seen as the preferred bidder with its 737 Max 10, an analyst said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airbus CEO Tom Ender told the board of directors he would not seek a fresh mandate after his present contract, which runs to April 2019.<\/p>\n","protected":false},"author":7,"featured_media":116635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_acf":"","_yoast_wpseo_primary_category":12,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[160,12,36],"tags":[],"coauthors":[464],"class_list":["post-61694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news-roundup","category-industry","category-newsletters"],"acf":{"subheadline":"","legacy_arc_id":"C7OL2NBDVFBYHJRHPEYGOJXLBI","arc_canonical_url":"\/industry\/2017\/12\/15\/airbus-ceo-to-step-down-after-contract-ends-coo-on-the-way-out\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented By:"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Airbus CEO to step down after contract ends; 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