Airbus is jointly owned by EADS (80%) and BAE SYSTEMS (20%). A Shareholders' Committee of seven members (five from EADS and two from BAE SYSTEMS) acts as a supervisory council, approving the budget and three-year investment plan, new programmes and major investment.
The Shareholders' Committee is also responsible for appointing the members of the Airbus Executive Committee, who are nominated by the Airbus Chief Executive Officer.
The Executive Committee comprises ten people, led by President and Chief Executive Officer Noël Forgeard. It includes members from each core business function and is responsible for managing all Airbus activities. This ensures a common Airbus strategy as well as single lines of reporting and accountability within each business function.
Reinforcing this trans-national and cross-functional approach, the General Managers of the Airbus national entities in France, Germany, Spain and the U.K. have a dual mission, ensuring that all national obligations are met and that instructions issued by the central functions are properly implemented.
Thus, the General Managers are responsible for all the human, industrial and financial resources of the national entities, compliance with national laws and regulations, as well as cross functional co-ordination within Airbus.
Airbus UK
New Filton House
Filton, Bristol BS99 7AR
Tel: +44 (0) 1179 69 3831
Web: www.airbus.com