(16/02/23)  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.

Thomas Toepfer. Click to enlarge.

Thomas Toepfer

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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