Bloomberg News

EADS Delays Decision on Changes to Senior Management, FT Says

December 10, 2011

Dec. 10 (Bloomberg) -- European Aeronautic, Defence and Space Co.’s board agreed to delay a decision to give details of changes to its senior management until January, the Financial Times newspaper said.

EADS may have postponed the move because the French government hasn’t approved the moves as it’s focused on the eurozone crisis, the report said, citing two unidentified people familiar with the plans. EADS had been hoping to detail changes to management including a new chairman and chief executive officer by the end of 2011, the report said.

--Editor: Jon Menon

To contact the reporters on this story: Ambereen Choudhury in London at achoudhury@bloomberg.net3503374

To contact the editors responsible for this story: Edward Evans in London at eevans3@bloomberg.net


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