It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

EADS Adopts an International Musical Chairs Management Scheme

page: 1
0

log in

join
share:

posted on Jul, 17 2007 @ 03:02 AM
link   


Seattle Times

TOULOUSE, France — Shareholders at Airbus' parent company jettisoned a cumbersome dual-management structure Monday that had French and German executives sharing top jobs, but they failed to break completely free from the national rivalries that have plagued the plane maker.

Under a deal hammered out by French and German factions in tense weekend negotiations, Frenchman Louis Gallois will take sole charge as the chief executive of European Aeronautic Defence & Space backed by a German as chairman, with a second German heading EADS' Airbus commercial-jet unit. The three top executive posts, however, will alternate between countries every five years.


Please visit the link provided for the complete story.


Sorry but I have to
!

How can this be beneficial? So if the company has a great German leader, they're still going to fire him after a few years so they can replace him with a Frenchman (or vice-versa)?

This seems more like the way to run some stupid unnecessary international diplomatic agency or something, certainly not a way to run a company!




posted on Jul, 17 2007 @ 04:24 AM
link   
I agree. On the positive side at least there is now only one boss. This has been needed for years and is definitely a change for the better, however I hope that the bit about rotating the top job between France and Germany is only diplomatic noise.

The one in charge of the company should obviously be the best man for the Job and it shouldn't matter if he is French, German British or Spanish. To shoo somebody in purely because of where they were born, and 'France has had a go' cannot be right. The current boss and the nominal next in line are both eminently capable and suitable, but there can be no guarantee that this will always be the case.



posted on Jul, 17 2007 @ 04:30 AM
link   
It remains to be seen how much the new French president will interfeer with the day to day running of EADS. It should be the most qualified person regardless of nationality. But given the vested interests of all the member nations................



new topics
 
0

log in

join