Tom Enders replaces Louis Gallois as head of EADS
4th June 2012Frenchman Louis Gallois handed over the management of EADS to German Tom Enders on 31st May - EADS is the European aviation and defend giant. Tom Enders, the present chair of Airbus was appointed CEO. Arnaud Lagardère is now chairman of the board. EADS, a manufacturer of planes, helicopters, balistic missiles and the Ariane rocket, has growth rates of between 8% and 10% per year. It employs 130,000 people and intends to employ 9,000 more this year. It has between seven to eight years of orders on its books. The European giant was created in 2000 to compete against the American groups, notably Boeing.
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