The meeting of the principal leaders of EADS, which brought together yesterday in Munich Arnaud Lagardère and Manfred Bischoff, co-chairs of the Board of Directors, and Noël Forgeard and Thomas Enders, executive co-chairs, did not produce the effects desired by those who expected a "strong sign". The "Council of war", the first since the stock market crash on June 13, has led to no advertising or no decision is concrete, both on the industrial plan on the human plan. The effect of the meeting, was somewhat dwarfed by the announcement of a visit of the authority of financial markets at the headquarters of Airbus yesterday morning in Toulouse, on sales of shares in EADS survey.
A close source file, the "working meeting" was before all devoted to an informal exchange of views. The main shareholders and officials of the Franco-German group endorsed the principle of an in-depth analysis of "industrial capacities", possible cost reductions to offset the additional costs of delays and the structures of management of EADS and its subsidiaries, likely to lead to an overhaul of the organization. Three hours of discussion would be held "in a rather good atmosphere between French and German. However, it did not dissipate tensions always very noticeable between the two parties.
Side French, it was not hiding a certain irritation at lack of support German. Not only German officials of EADS are not mounted to the niche to defend Noël Forgeard, target of the attacks, but behind the scenes their spokesman threw oil on the fire. The previous evening, that of Thomas Enders was thus controversy by relating the little pine words of his boss on the sales of actions carried out in March by his French counterpart and other leaders of the group. "It would have been profitable to exercise my stock in March, taking into account the high cost of the EADS action, but this has not seemed to me appropriate," he said.
Result, yesterday morning, the German press, that rate never an opportunity to denounce what is happening in what she calls with irony "grande nation", drew red ball on Noël Forgeard. In an interview with "La Tribune", the person concerned, while part of his misunderstanding attacks which is the target, excluded any dissension at the same time: "I observed no element which harboured any divisions between French and Germans", he said.
The rumor of a replacement
Side French statements of any edge requesting his departure continued to arrive. After Patrick Devedjian, who considered his "disastrous" attitude for the image of EADS, François Hollande asked Jacques Chirac and Dominique de Villepin to intervene. "The question I raised at the first Minister (...), to the President of the Republic, is: what is today ' hui Mr. Forgeard can remain at the head of the EADS Group." What feed the rumor of a replacement of Noël Forgeard, CEO of SNCF, Louis Gallois, representative of the French State on the Board of Directors of the Franco-German group. First raised yesterday by the Wall Street Journal, his arrival it was already last year, during the war of succession between French and Germans at the head of EADS.
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