Air­bus picks Schulz to suc­ceed sales supremo Leahy

The Star Malaysia - StarBiz - - Foreign News -

LON­DON: Air­bus SE ap­pointed Rolls-Royce Hold­ings Plc’s Eric Schulz ( pic) to suc­ceed sales chief John Leahy, pluck­ing a top ex­ec­u­tive from one of its most im­por­tant part­ners to re­place a man­ager who ratch­eted up more than US$1.7 tril­lion in deals over 23 years.

Schulz, 54, the head of civil aerospace at the UK en­gine-maker, will join Air­bus as an ex­ec­u­tive vice-pres­i­dent and chief of sales, marketing and con­tracts, the Toulouse, France­based plane­maker said in a state­ment yes­ter­day.

Leahy, 67, will be a tough act to fol­low, af­ter sell­ing more than 16,000 air­craft un­der his lead­er­ship. He’ll stay on for a short tran­si­tion pe­riod, ac­cord­ing to the an­nounce­ment. Adding to the chal­lenge for Schulz is a se­ries of on­go­ing corruption in­ves­ti­ga­tions into Air­bus’ use of mid­dle­men to se­cure multi-mil­lion dol­lar trans­ac­tions.

Schulz, who joined Rolls-Royce in 2010 af­ter seven years at US-based Goodrich Corp, was pro­moted to his cur­rent role in Jan­uary last year. The Lon­don-based com­pany is a key sup­plier to Air­bus mod­els, with ex­clu­sive deals to power the lat­est A350 wide-body and re-en­gined A330­neo.

Schulz brings “broad in­ter­na­tional ex­pe­ri­ence in the aerospace in­dus­try, a deep un­der­stand­ing of air­line op­er­a­tions and aero en­gines as well as a proven track record in build­ing and ef­fec­tively lead­ing or­gan­i­sa­tions,” Air­bus chief ex­ec­u­tive of­fi­cer Tom En­ders said.

Leahy, while un­veil­ing a record US$50bil nar­row-body plane deal at the Dubai Air Show this month, hasn’t been able to se­cure a vi­tal fol­low-on order for the slow-sell­ing A380 su­per­jumbo, as the deal with Emi­rates fell apart at the last minute. It’s still pos­si­ble that the sale supremo could se­cure the con­tract be­fore he leaves.

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.