Airbus appoints Thomas Toepfer as CFO

Toepfer succeeds Dominik Asam, to join from Sept 1, 2023

Airbus appoints Thomas Toepfer as CFO
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Airbus has appointed Thomas Toepfer, 50, to succeed Dominik Asam, 53, as Chief Financial Officer (CFO).

"Toepfer, currently CFO of Covestro AG, one of the world’s leading suppliers of premium polymers, will join Airbus on September 1, 2023," says an official release.

Asam will leave Airbus on March 3, the release said. Xavier Tardy, Executive Vice-President, Finance, 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," says Guillaume Faury, CEO, Airbus. "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. 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.”

Toepfer holds a PhD in Business Administration from Otto Beisheim Graduate School of Management (WHU), Koblenz. As CFO, Toepfer will report to Faury and become a member of the Airbus Executive Committee, the release said.

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