Airbus Might Just Appoint Interim Finance Officer Amid Delay On Permanent Succession

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  • Airbus SE EADSY EADSF might appoint an interim CFO after struggling to find a permanent successor to Dominik Asam, who joins SAP by the end of February, industry sources said.
  • Asam will be presenting his last Airbus results on February 16, they said. No decision has been taken.
  • Asam announced his decision to leave the aerospace group last August.
  • However, Airbus has not publicly identified a new CFO, prompting some analysts to express concern over the lack of certainty.
  • The finance job has been held by a German since the modern version of the company was created from a politically-sensitive merger of French, German, and Spanish assets under the name EADS in 2000, Reuters reported. Its Airbus unit later absorbed EADS.
  • Two sources said there was some pressure to keep the position in the hands of Germany, which France already outnumbers on the 12-person Airbus executive committee.
  • Airbus has repeatedly said nationalities no longer matter.
  • Asam joined Airbus in 2019 after working at German chip maker Infineon as finance chief since 2011.
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