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Airbus has appointed Dr. Thomas Toepfer as Chief
Financial Officer (CFO), effective 1 September 2023.

Thomas, currently CFO of Covestro AG – a DAX40 company and one of
the world’s leading suppliers of premium polymers, will succeed Dominik Asam
who will leave Airbus on 3 March.

Xavier
Tardy, Executive Vice-President Finance for Airbus Defence and
Space, will ensure continuity during the interim period in
addition to his current role.

“We are very pleased to have Thomas joining Airbus
as CFO at this important time for the Company. Thomas is a highly
regarded CFO in the DAX40 and I am looking forward to working with
him on the Airbus Executive Committee as we continue to ramp-up
production and secure our long-term ambitions in a complex
operating environment,” said Guillaume Faury, Airbus CEO. “I
sincerely thank Dominik for everything he has brought to Airbus.
Together with his team he helped the Company navigate the most
severe crisis of its history, ensuring we are well positioned to
manage the recovery and prepare our sustainable future. I wish
Dominik all the best for his new challenges at SAP.”

As CFO, Thomas will report to Chief
Executive Officer Guillaume Faury and become a Member of the
Airbus Executive Committee.

Thomas has been Covestro’s CFO since April 2018 and
has also held
the position of Labor Director since January 2019.

Before joining Covestro, Thomas worked as
CFO of KION Group, a leading
provider of materials handling and warehouse automation solutions.

Since January 2022, he has also been a member of the
shareholder committee and Supervisory Board of CLAAS KGaA mbH, a
leading global manufacturer of agricultural machinery.

Born in Hamburg in 1972, Thomas holds a PhD in Business Administration from Otto Beisheim
Graduate School of Management (WHU), Koblenz.

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