Airbus Confirms Departure of Paul Eremenko, Appoints Marc Fontaine Acting Chief Technology Officer

Following today’s announcement from United Technologies Corporation, Airbus (stock exchange symbol: AIR) confirms the departure of Paul Eremenko at the end of 2017. Marc Fontaine, in his current role as Digital Transformation Officer, will take over as Acting Chief Technology Officer. Both organizations have been gearing up in parallel over the past two years and collaborate closely. Marc Fontaine already reports to Chief Executive Officer Tom Enders. A permanent solution is expected to be announced in the near future.

“I am grateful to Paul for his service to Airbus. He initiated a challenging transformation of our approach to research, technology and innovation with, for instance, more open innovation and partnerships, the introduction of new methodologies, demonstrators and innovation centres,” said Tom Enders. “Airbus will continue to pursue the directions Paul pioneered to generate greater value in our processes, products and services, and ultimately for our customers. We wish Paul every success in his future endeavours.”