Noël Forgeard ({{#invoke:IPA|main}}; born 8 December 1946 in La Ferté-Gaucher) is a French industrialist and former joint CEO of EADS.
AppointmentEdit
From April 1998 until June 2005, Forgeard was CEO of the aircraft manufacturer Airbus SAS.
In late 2004, he was nominated as the next French CEO of EADS. This position is shared with a German—then Thomas Enders—in a system that was established at the creation of EADS in 2000.
Alleged insider dealingEdit
News reports in June 2006 focused on possible insider dealing at EADS. Forgeard made a 2.5 million Euro profit on the sale of EADS shares,<ref>Template:Cite news</ref> with his children earning 4.2 million Euro, just weeks before news of Airbus A380 delays was released.<ref>Template:Cite news</ref> Forgeard denied any wrongdoing, claiming that he was a scapegoat in the matter.<ref>Template:Cite news</ref>
Forgeard resigned as CEO of EADS on 2 July 2006 and was replaced by Christian Streiff.<ref>Template:Cite news</ref>
ReferencesEdit
External linksEdit
- EADS finally names its new bosses - BBC News, 26 June 2005
- EADS and Airbus bosses both quit - BBC News, 2 July 2006