Hertrich To Leave EADS | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne/NBAA2014 10.20.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.20.14 **
** Airborne 10.17.14 ** HD iPad-Friendly -- Airborne 10.17.14 **
** Airborne 10.15.14 ** HD iPad-Friendly -- Airborne 10.15.14 **

Mon, Dec 06, 2004

Hertrich To Leave EADS

Will Step Down Next Year In Spat Over Coporate Leadership

The trouble with running a company like a marriage is the intensity of the lovers' quarrels. So is the case with the European aerospace consortium EADS.

Right now, the company, which also owns Airbus, is run by two men -- Germany's Rainer Hertrich and Frenchman Philippe Camus. French President Jacques Chirac reportedly wants to put just one person in charge. Hertrich, according to the BBC, said, "EADS should not be a springboard for personal ambition." This, in an interview with the WirtschaftsWoche newspaper for an article that will be published Thursday.

The idea of a single chief at the helm of EADS has also caught the fancy of Airbus CEO Noel Forgeard, which did not escape Hertrich's attention.

"I cannot comprehend that Noel Forgeard, who accomplishes great things as head of Airbus, has such little regard for the international image of the group," he said, quoted by Reuters.

Of course, Forgeard has said in the past that he wouldn't mind being that one person in charge of EADS.

The argument could be moot. German-based Daimler Chrysler owns a 30 percent stake in EADS and it wants things to remain just the way they are.

Both Hertrich's and Camus's contracts expire next July. Hertrich now says he won't renew.

FMI: www.eads.com

Advertisement

More News

Airborne at NBAA--10.20.14: HondaJet, Honeywell Forecast, Gulfstream's G500/G600

Also: Garmin's ADS-B For BizAv, R44s For Jordan, Textron Aviation, Hartzell Props, Clarity Aloft Pro Plus At a news conference early Monday at the 2014 NBAA convention, HondaJet sa>[...]

Airborne 10.17.14: Enstrom Delivers, Flight School Scandal, NBAA2014

Also: Rare O-46 Rebuild, Valor Unveiled, OK's Anti-Fly-In Airport, FAA Screw-Ups, The first Enstrom Model 480B-G has been delivered to Rick Boswell of New Hampshire with the Garmin>[...]

Airborne at NBAA--10.20.14: HondaJet, Honeywell Forecast, Gulfstream's G500/G600

Also: Garmin's ADS-B For BizAv, R44s For Jordan, Textron Aviation, Hartzell Props, Clarity Aloft Pro Plus At a news conference early Monday at the 2014 NBAA convention, HondaJet sa>[...]

Game-Changing NBAA2014 Sponsor Mid-Continent Instruments and Avionics!

Innovation Brings Safe, Certified, Nanophosphate® Lithium Batteries To New Business Aircraft True Blue Power is the first company in the world to achieve FAA TSO and EASA ETSO >[...]

ANN FAQ: Feel The Propwash!

Get Aero-News Delivered To Your E-Mail We know you, like many of our readers, make it a point to check out the latest news and information daily on Aero-News... but did you know th>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC