Airbus CFO to step down in 2023


Dominik Asam, chief financial officer, Airbus will be leaving the company in March 2023 after almost four years in the role.

Asam is leaving to pursue a new opportunity as chief financial officer (CFO) at software company SAP. Airbus will now look to appoint a successor, while Asam remains fully in charge until his departure.

“Airbus is now in a better competitive position and I have great faith in my colleagues’ ability to continue writing this unique success story,” Asam said. “I am looking forward to supporting this flagship European company for the remainder of my tenure by working with the management to ensure a smooth transition with the next Airbus CFO.”

Guillaume Faury, CEO, Airbus said Asam has been “a great wingman” during the pandemic and a “key contributor to the solid financial performance of Airbus”.

In the first half of 2022, Airbus recorded a revenue of €17.5bn, compared with  €17.8bn in the first half (H1) of 2021, however order intake was up to 259 compared with just 38 in H1 2021. In February this year, the company reported revenues of €52.1bn for the calendar year 2021, having completed 771 orders, up from 383 the previous year.