Hans Peter Ring, CFO of EADS, was assuming the additional role of CFO of Airbus since the 31 october 2006. This combined responsibility was brought about when it became apparent, in the context of the announcement of A380 delays, that integration between Airbus and EADS, its mother company, needed drastic improvement.
As he announced last week at the Global Investors Forum, this integration of the finance function has been achieved. Hans Peter Ring will be refocusing his time and effort on his role as CFO of EADS. As of 1st February 2008, he will hand over the Airbus CFO responsibility to his deputy at Airbus, Harald Wilhelm. Harald Wilhelm was previously Airbus Chief Controlling Officer.
