Solo head at EADS viable, says German co-chief

15th December 2004, Comments 0 comments

FRANKFURT, Dec 15 (AFP) - The European Aeronautic Defence and Space Company may well be headed by a single chairman in future instead of two at present, the current German co-chairman, Rainer Hertrich, said in comments released on Wednesday.

FRANKFURT, Dec 15 (AFP) - The European Aeronautic Defence and Space Company may well be headed by a single chairman in future instead of two at present, the current German co-chairman, Rainer Hertrich, said in comments released on Wednesday.

EADS currently has a German and a French chairman, reflecting the bi-national balance of power at the aeronautic and defence giant. But a power struggle has recently broken out, with France perceived as being keen to install its own candidate, Airbus chief Noel Forgeard, as sole head of the group.

Hertrich recently announced he would not be renewing his contract when it expires next July and Germany promptly named Thomas Enders, the head of EADS' military division, to replace him.

But France still has to decide whether the current French co-chairman, Philippe Camus, will stay on or be replaced by Forgeard.

In comments made to German journalists on Tuesday evening, but not released for publication until Wednesday, Hertrich insisted that the current dual-leadership system would remain in pace for the time being.

But in the longer term, a single chairman was feasible, he said.

"That will happen once the conditions that were required to set up EADS in the first place are no longer imperative," Hertrich said.

© AFP

Subject: French News

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