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EADS names new board candidates

Airbus parent EADS has proposed 12 new board members as part of its organizational revamp.

Airbus parent EADS has proposed 12 new board members as part of its organizational revamp. The restructuring follows the breakdown of merger talks with UK defense company BAE Systems last year. After merger talks ended, EADS announced a far-reaching overhaul of its governance and shareholding structure, as Daimler and Lagardere detailed plans to slim their stakes. Existing EADS executives nominated to the board comprise CEO Tom Enders and current board members Hermann-Josef Lamberti, ...

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