EADS co-CEO Louis Gallois, the former Snecma chairman and CEO, was named Airbus CEO yesterday following the resignation of Christian Streiff after just three months on the job. Gallois becomes the third Airbus CEO since mid-2005 and will remain as EADS co-CEO in addition to his new responsibilities. "The new management structure will allow, on the one hand, a leaner, more efficient corporate governance and, on the other hand, additional cost savings within the EADS group," EADS said in a ...

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