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Wed, May 16, 2018

Airbus CFO Harald Wilhelm To Leave With CEO In 2019

Has Been With Airbus And Predecessor Companies For 27 Years

Harald Wilhelm (52), Chief Financial Officer (CFO) of Airbus, has decided to leave the Company in 2019 in agreement with the Board of Directors.

Harald Wilhelm has served Airbus and its predecessor companies for 27 years in various finance roles and he has been CFO of Airbus Commercial Aircraft for the last 10 years and on top group CFO for the last six years.

"After 18 years at the Airbus finance function, next year will be the right time for me to move on," Wilhelm said. "Until then, I remain committed to the performance of the company and I will work with the management to ensure a smooth transition to the next Airbus CFO.”

"Harald is an extraordinary CFO with an extraordinary finance team, second to none in the industry. He has a very thorough understanding of our various businesses and operations. And, last but not least, Harald commands huge respect from the investor community for his performance-driven approach and transparency," said Airbus CEO Tom Enders. "I commend Harald for his outstanding contribution to the Company and I would like to also thank him for his willingness to stay on board until my own retirement in spring next year.”

"The Board recognizes the strong contribution made by Harald to the performance of the Company and appreciates his commitment to support an orderly transition," said Denis Ranque, chairman of the Airbus Board of Directors. "We will now start the search for a successor to the CFO and announcement will be made in due time.”

(Source: Airbus news release)

FMI: www.airbus.com

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