🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Airbus sales chief says to stay on until successor is found

Published 03/11/2017, 14:02
Updated 03/11/2017, 14:10
© Reuters. FILE PHOTO: Airbus Chief Operating Officer-Customers John Leahy attends the 52nd Paris Air Show at Le Bourget Airport near Paris
AIR
-
BBDb
-

HAMBURG (Reuters) - Airbus' (PA:AIR) long-serving sales chief John Leahy plans to stay on until a successor is found, with a decision expected within the next week or so, he told Reuters on Friday.

Reuters reported on Thursday that Airbus has embarked on a fresh search for a sales chief and that Leahy's deputy, Kiran Rao, had confirmed he would not be running for the post.

"I will stay until we have a successor on board. I'm not going to walk out the door after all these years at Airbus," Leahy said, speaking after Airbus delivered Emirates' 100th A380 jet.

He said he had spoken with Airbus Group CEO Tom Enders on Thursday evening and that Enders was "determined to make a decision within the next week or something", with one leading internal and one leading external candidate in the race.

Leahy was initially preparing to retire in September but said Enders had asked him to stay on until the end of the year, because a lot of things were happening, such as the deal to take a majority stake in the Bombardier (TO:BBDb) CSeries programme.

© Reuters. FILE PHOTO: Airbus Chief Operating Officer-Customers John Leahy attends the 52nd Paris Air Show at Le Bourget Airport near Paris

Leahy added he expected the new manager to be on board by the end of the year, so that he could hand over in January or February.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.