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How to move on
01 September 2006
The past few months have taken their toll on Eads,
but the group is determined to press ahead. Siqalane Taho
and Janet Du Chenne report.
Read more:
airbus; eads
It is 9:45am on a hot summer's day in the English countryside. Tom Enders peels off his jacket and dumps it on the table. He looks over at colleague Louis Gallois and nods. He flicks his ears and screws his face as a question is fired from a room full of journalists. It is another tough one about corporate structures. Enders defers and allows Gallois to take the floor.
"The two-heads management structure is not the best... we have made mistakes and we are doing all we can to regain the trust of our customers and shareholders," says the Frenchman, who was made co-chief executive officer of Eads with Enders.
This admission does not raise too many eyes. What is surprising and disarming to many is the honesty and openness of this talk.
After all, two chief executive officers have lost their jobs, as has the head of the...
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