Airbus has announced the appointment of Eric Kirstetter as Executive Vice President of Strategy, effective May 18. He succeeds Matthieu Louvot, who was recently named CEO of Airbus Helicopters, and will report directly to CEO Guillaume Faury.
Joining from Roland Berger, Eric Kirstetter brings extensive experience in growth strategy and transformation, having spent 17 years at Arthur D. Little before moving to Paris in 2017.
'His expertise across various sectors, particularly aerospace and defense, will be instrumental in translating geopolitical and technological shifts into strategic opportunities', commented Guillaume Faury.
Airbus shares edged up 0.15% in Paris today, though the stock remains down nearly 12% year-to-date.
Airbus SE is No. 1 in Europe and No. 2 worldwide in the aeronautics, aerospace, and defense industries. Net sales break down by family of products and services as follows:
- commercial aircraft (70.1%). The group is No. 1 worldwide for aircrafts with more than 100 seats;
- defense and aerospace systems (18.2%): military aircrafts (primarily transport aircrafts, marine surveillance aircrafts, anti-submarines fighter planes and flight refueling aircrafts), spatial equipment (orbital launchers, observation and communication satellite, turboprop aircraft, etc.), defense and security systems (missile systems, electronic and telecommunications systems, etc.). Airbus SE also provides training and aircrafts maintenance services;
- civil and military helicopters (11.7%).
Net sales are distributed geographically as follows: Europe (40.8%), Asia-Pacific (28.0%), North America (17.7%), Middle East (9.0%), Latin America (2.7%), and Other (1.8%).
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