Airbus poached the chief financial officer from German chipmaker Infineon Technologies, filling a major vacancy in its top ranks following an unprecedented wave of departures in the past year.
Dominik Asam will take over the finance position in April when Harald Wilhelm moves on, the company said in a statement Wednesday. Airbus also announced the appointment of a new chief operating officer at its main planemaking unit, with Michael Schollhorn taking over from retiring Tom Williams, 66.
Airbus has witnessed a major management drain in recent months, with Chief Executive Officer Tom Enders and Fabrice Bregier, the head of the planemaking unit, leaving along with others. Asam, a German national, will work alongside Frenchman Guillaume Faury, who will succeed Enders next year, maintaining a Franco-German balance of nationalities that’s closely guarded by the governments, the two main shareholders.
The moves shore up a management team that’s been roiled by bribery investigations still ongoing after several years and a series of overdue retirements.
