Airbus finance chief Harald Wilhelm to step down
The successors to both Tom Enders and Wilhelm face challenges, including declining orders and the possible loss of a 100-aircraft order from Iran
Paris — Airbus chief financial officer Harald Wilhelm will leave in 2019, the European aircraft maker announced on Monday. His departure will remove a leading contender to replace CEO Tom Enders when he departs in 2019. "Until then, I remain committed to the performance of the company and I will work with the management to ensure a smooth transition to the next Airbus chief financial officer," said Wilhelm, who joined the company in 2000. The successors to both Enders and Wilhelm face challenges, including declining orders and the possible loss of a 100-aircraft order from Iran, which is now in jeopardy because of plans by US President Donald Trump to reimpose sanctions on Tehran. The deal, worth about $18bn-$20bn at list prices, was agreed in December 2016. But only three aircraft have been delivered, with industry sources blaming delays on the wariness of banks to finance business with Tehran. Iran has said it expects to hear from Airbus about the fate of the deal in the coming da...
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