April 14 (Reuters) - Airbus named Spanish national Amparo Moraleda as the next chair of its board on Tuesday, marking the first time in the European aerospace giant's more than five-decade history
Airbus Appoints Amparo Moraleda as First Non-French or German Board Chair
Historic Leadership Change at Airbus
Background of the Appointment
April 14 (Reuters) - Airbus named Spanish national Amparo Moraleda as the next chair of its board on Tuesday, marking the first time in the European aerospace giant's more than five-decade history that the role will be held by someone who is neither French nor German.
Shareholder Structure and National Influence
France and Germany each own 10.8% of Airbus and have long dominated the company's upper echelons. The Spanish government holds a 4.1% stake.
Details of Moraleda's Appointment
Moraleda, who currently serves as lead independent director on the Airbus board, will assume the role in October, succeeding René Obermann, who decided not to seek a new term. The appointment was approved by shareholders gathered at the company's annual general meeting in Amsterdam on Tuesday.
Professional Background of Amparo Moraleda
An industrial engineer by training, Moraleda previously served as chief operating officer of Spanish power utility Iberdrola's international division and as general manager of IBM Spain and Portugal. She currently holds board positions at A.P. Moller-Maersk, CaixaBank and Vodafone, among others.
Reporting Credits
(Reporting by Gianluca Lo Nostro; Editing by Joe Bavier)
