Rapid Fire Dec. 5, 2012: Coming Changes at the Top in French Defense Industry
- Charles Edelstenne plans to retire from Dassault Aviation next month as he is reaching the statutory age limit. His successor as CEO should be known within days, though it is not clear whether that person will come from within or outside of the company. L’Usine Nouvelle [in French].
- During a hearing at the French Assemblée Nationale’s defense committee, Edelstenne mentioned a potential change in corporate governance at Thales, where CEO Luc Vigneron is in a protracted spat with unions. Dassault Aviation is the second largest shareholder in Thales, just behind the French state. Reuters | L’Usine Nouvelle [both in French].
- Since EADS confirmed on Monday that talks in the media of a new shareholder structure are founded, reports of what that would look like have kept coming. Bloomberg | Reuters.