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People News in brief

01 November 2007

Read more: EADS AerCap Awas Citigroup

• Eads, the European aerospace and defence manufacturer, has implemented changes to its management and leadership structure at an extraordinary general meeting in Amsterdam. Elected for a five-year term, the Eads board of directors has introduced four independent members. During the board's constituent meeting Rüdiger Grube was made chairman of its board of directors and Louis Gallois became chief executive officer.

The changes come after allegations of insider trading, where it is alleged that some members of the management sold off shares on hearing of...


Quote

"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus

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