Amsterdam, 7 February 2017 – With the upcoming end of his mandate as a Member of the Group Executive Committee (GEC), Marwan Lahoud, 50, will leave his current position as Head of International, Strategy and Public Affairs of Airbus (stock exchange symbol: AIR) effective end of February. Lahoud has been a Member of the GEC for ten years and served the company in different roles over 20 years.
As Head of M&A at Aerospatiale Matra, he was a key player at the creation of EADS in 1999/ 2000 and contributed to the integration of Airbus in 2001, he successfully piloted MBDA for five years before taking over Strategy, Marketing and M&A which recently became International, Strategy and Public Affairs.
"During so many remarkable years in the company I’ve had the privilege to work alongside and together with outstanding leadership teams and I thank Tom Enders and the Board for entrusting and supporting me during all those years," said Marwan Lahoud. "Looking back, the teams and the many remarkable individuals that I had the honour to lead or work with inside and outside of our company will always remain my finest and strongest memory. Naturally, I take pride seeing the fruit of our work and what we have achieved. It ranges from my contribution to the creation of this great company on the eve of the 21st century to revolutionising our corporate structure in 2013, the change of strategy and its implementation through the large number of significant M&A projects we completed. With the creation of one single Airbus, we finally accomplished the ultimate merger. Now, it’s time for me to move on and I am now looking forward to embracing new challenges."
"Marwan has been a key player in the top management of our company ever since its creation back in 2000," Airbus CEO Tom Enders commented. "Over all these years he contributed very significantly to the formation, strategy and international development of our Group. Marwan was also instrumental for the integration of the Group and the development of our corporate structure over the last five years. I wish him much success in the future."
Marwan Lahoud’s succession will be subject to further notice.
Airbus is a global leader in aeronautics, space and related services. In 2015, it generated revenues of €64.5 billion and employed a workforce of around 136,600. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as Europe’s number one space enterprise and the world’s second largest space business. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.