New EADS shake-up as strategy chief quits
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A senior executive at European aerospace firm EADS  has resigned, exposing a tussle over the 25-billion-euro revenue powerhouse at subsidiary Airbus days before a showdown for plane orders with Boeing.
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A row over leadership at Franco-German company EADS culminates in co-boss Rainer Hertrich not renewing his contract in 2005.
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The turmoil comes just days after its new chief presented a rescue plan intended to turn the plane manufacturer around.
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The German co-chief executive of European aerospace group EADS, Thomas Enders, said Monday he would now head the Airbus aircraft unit and that Frenchman Louis Gallois would become the sole chief executive at EADS.
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Speculation is rife in the French press about the future shape of the management at aerospace giant EADS, ahead of a possible decision at a July 16 Franco-German summit to simplify its structure.
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Noel Forgeard, the co-chief executive of European defense group EADS, stepped down Sunday as part of a management shake-up aimed at restoring investor and customer confidence after Airbus disclosed production delays for its new A380 superjumbo jet.
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In the ongoing power struggle within the European Aeronautic Defence and Space Company, major shareholder DaimlerChrysler has promised to "get tough" if Airbus chief executive Noel Forgeard is appointed EADS ...
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John McCain's campaign undergoes the second major staff shake-up in a week with his campaign manager and chief strategist announcing their resignation.
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Telstra has reshuffled its executive team in the wake of a reported board decision to restructure its operations to appease the competition regulator ahead of the carrier&#39;s likely full privatisation.
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The head of plane maker Airbus yesterday won a bitter battle to oust his boss from the helm of parent aerospace group Eads after winning the support of a key shareholder.
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Airbus parent EADS abandoned two key  executives on Sunday and brought in a steady pair of hands in  the shape of French railways boss Louis Gallois in a bid to end  a two-week crisis over delays to its A380 superjumbo.
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The new chief executive of European airliner manufacturer Airbus is set to present a vast restructuring plan for the group to the board of parent company EADS, union sources told AFP.
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The co-chief executive of the European Aeronautic Defence and Space Co., Rainer Hertrich, will leave his position in 2005 when his contract expires, a company spokesman said Sunday.
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DaimlerChrysler (DCXGn.DE) aims to  resolve a management crisis at European defense group EADS   quickly, the German automaker and EADS founding  shareholder&#039;s chief executive was quoted as saying on  Wednesday.
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The British defence ministry has called for European politicians to cease their meddling in aerospace group EADS, just a day after its aircraft unit Airbus launched a major restructuring plan, The Times reported.
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The head of the Boots healthcare chain, Richard Baker, quits in a management shake-up.
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The resignation fueled speculation of a shift in strategy at Carrefour, which is struggling to meet fierce competition at home and abroad.