Airbus Announces Thomas Toepfer As Future Chief Financial Officer
Airbus, the European aerospace company, has announced the appointment of Thomas Toepfer as its future Chief Financial Officer (CFO). Toepfer will take over the position from current CFO, Dominik Asam, who is leaving Airbus to become the CEO of German airline, Lufthansa.
Who is Thomas Toepfer?
Thomas Toepfer is a seasoned finance executive with over 20 years of experience in the aerospace and defense industry. He currently serves as the CFO of MBDA, a multinational company specializing in missile systems.
Toepfer has held several other senior finance positions in the aerospace and defense industry, including CFO of EADS Military Aircraft and CFO of Cassidian Air Systems.
Toepfer’s Role at Airbus
As the future CFO of Airbus, Toepfer will be responsible for the company’s financial strategy, financial reporting, and investor relations. He will work closely with Airbus’ executive team to ensure the company’s financial health and sustainability.
Toepfer will also play a key role in Airbus’ ongoing efforts to transition to more sustainable aviation. He will be responsible for overseeing the company’s financial investments in projects such as the development of Sustainable Aviation Fuel (SAF) and the introduction of hydrogen-powered aircraft.
Reaction to the Appointment
The appointment of Thomas Toepfer as the future CFO of Airbus has been well-received by industry analysts and experts. Toepfer’s extensive experience in the aerospace and defense industry and his track record of success make him a strong choice for the position.
Airbus CEO, Guillaume Faury, stated that Toepfer’s appointment is “a major asset for Airbus” and that he is confident that Toepfer will “successfully lead Airbus’ finance function into the future.”
Final Thoughts
The appointment of Thomas Toepfer as the future CFO of Airbus is a positive development for the company and a testament to its commitment to attracting top talent in the industry. Toepfer’s extensive experience and expertise in the aerospace and defense industry make him a strong choice for the position.
As Airbus continues to navigate the ongoing challenges posed by the COVID-19 pandemic and transitions to more sustainable aviation, Toepfer’s leadership and financial expertise will be crucial to the company’s success.
vince salvador
April 20th, 2023
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