PARIS (Reuters) - Airbus strategy chief Marwan Lahoud is leaving the aerospace company after deciding not to renew his mandate as the company completes an internal reorganisation, a person familiar with his decision said on Tuesday.
Lahoud was one of the founders of what was known as EADS in 2000 and was seen as one of the architects of corporate governance reforms which reduced the role of French and German governments in 2013.
Lahoud indicated at the end of 2016 that he wanted to change direction after a long period at Airbus and concluded that his role was no longer necessary after an internal merger between Airbus and its parent group, the person said, asking not to be identified.
Airbus said it had no immediate comment on Lahoud's decision, which was first reported by La Tribune online newspaper.
(Reporting by Tim Hepher; Editing by Michel Rose)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
