Airbus SE — Board/Management Information 2006

Oct 9, 2006

News Details

Ad-hoc | 9 October 2006 18:42

EADS Board of Directors changes significantly the management structure of EADS

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Ad-hoc release, 9 October 2006 EADS Board of Directors changes significantly the management structure of EADS Amsterdam, 9 October, 2006 – EADS has announced the resignation of Christian Streiff as Airbus’ Chief Executive Officer and member of the EADS Executive Committee with immediate effect on Monday. The EADS Board of Directors has appointed EADS Co-CEO Louis Gallois as Airbus CEO with immediate effect. Louis Gallois will remain Co-CEO of EADS. The non-Airbus divisions will report to EADS Co-CEO Tom Enders in the future. The Board of Directors once more underlined its unanimous support for the Power8 programme as decided on 3 October, 2006 as well as for the immediate implementation of the A380 recovery plan. It will take its decision on the A350 XWB in the next weeks. The new management structure will allow, on the one hand, a leaner, more efficient corporate governance and, on the other hand, additional cost savings within the EADS group. Contact: Michael Hauger EADS +49 89 60 73 42 35 (c)DGAP 09.10.2006 ————————————————————————— Language: English Issuer: European Aeronautic Defence and Space Company Beechavenue 130-132 1119 PR Schiphol Rijk Niederlande Phone: 00 800 00 02 2002 Fax: +49 (0)89 607 – 26481 E-mail: ir@eads.net WWW: www.eads.com ISIN: NL0000235190 WKN: 938914 Indices: MDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service —————————————————————————