Ex-Deutsche Telekom boss favourite to be next Airbus chairman: report
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[BERLIN] Former Deutsche Telekom chief executive Rene Obermann is the favourite to take over as chairman at European aerospace company Airbus, the Handelsblatt newspaper reported on Tuesday, citing German government and diplomatic sources.
The newspaper said no formal decision had been taken about the post although it said the German and French governments, which each own an 11 per cent stake in the company, were agreed that the two countries should divide up the two top jobs.
The board of Airbus said last week it would nominate a new CEO at the end of the year to replace German-born Tom Enders.
The main internal candidate is Guillaume Faury, the Frenchman who took over as planemaking boss last month.
Airbus declined to comment.
The mandate of the current chairman - Denis Ranque - runs until the annual general meeting in 2020.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
Mr Obermann, who served as CEO of Deutsche Telekom from 2006 to 2013, is a partner at private equity firm Warburg Pincus.
Handelsblatt said he was seen as an ideal candidate because he has experience running a company with state involvement, noting he also has an excellent reputation in France, where he was awarded a legion of honour.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore