Thomas Toepfer becomes future Airbus Chief Financial Officer

Dr Thomas Toepfer will become the future Airbus Chief Financial Officer. He will succeed Dominik Asam who will leave Airbus on March 3, 2023. Toepfer, currently CFO of Covestro AG – a DAX40 company and one of the world’s leading suppliers of premium polymers – will join Airbus on September 1, 2023. Xavier Tardy, Executive Vice-President Finance for Airbus Defence and Space, will ensure continuity during the interim period in addition to his current role.

“We are very pleased to have Thomas joining Airbus as CFO at this important time for the company. Thomas is a highly regarded CFO in the DAX40 and I am looking forward to working with him on the Airbus Executive Committee as we continue to ramp-up production and secure our long-term ambitions in a complex operating environment,” said Guillaume Faury, Airbus CEO. Toepfer will report to CEO Faury and become a Member of the Airbus Executive Committee.

Dr Toepfer has been Covestro’s Chief Financial Officer (CFO) since April 2018 and additionally holds the position of Labour Director since January 2019. Before joining Covestro, he was Chief Financial Officer of KION Group, a leading provider of materials handling and warehouse automation solutions. Since January 2022, Toepfer has also been a member of the shareholder committee and Supervisory Board of CLAAS KG, a leading global manufacturer of agricultural machinery.