Klaus Richter has been appointed Airbus’ Chief Procurement Officer with the merger of Airbus Group and Airbus on 1 January 2017. He held this role at Airbus Commercial Aircraft since 1 January 2015 and i is a member of the Airbus Executive Committee. In addition, he serves as the Chairman of the Board of Airbus in Germany and leads the supervisory board of Premium AEROTEC Group.
He is in charge of procurement across the entire Airbus organisation, having responsibility for developing strong partnerships with suppliers and ensuring timely delivery of all purchased goods on cost and with the proper quality.
In addition, Richter leads the General Procurement Organisation of Airbus. He coordinates strategic procurement topics, as well as the development and application of procurement processes and tools across Airbus and its divisions. Richter is also responsible for the Airbus Regional Sourcing Offices in the U.S., India, and China.
Richter joined Airbus in November 2007 as Executive Vice President Procurement. Previously Richter was Senior Vice President Materials Purchasing for BMW, based in Munich, Germany. In this position, he was heading all supplier relations for direct materials and equipment across the entire company.
Klaus Richter began his professional career with McKinsey & Company in 1993 as a management consultant for automotive, electronics and aerospace businesses and product development, a role which he retained until he joined the BMW Group in 2003 as Head of Purchasing Strategy for production materials.
Richter graduated from the Technical University of Munich where he obtained a doctorate in mechanical engineering in 1991. After graduation he received a Humboldt scholarship and spent two years as a researcher and teacher at the University of California at Berkeley.