Airbus names new head of technology, stock drops 2.2% due to management shake-up

From Yahoo Finance: 2025-05-23 15:56:00

Airbus has named Remi Maillard as the new “Head of Technology Airbus,” possibly eliminating the title of Chief Technology Officer and suggesting a de-emphasis on R&D. The company’s stock fell 2.2% on news of this management shake-up. Sources indicate the change may be related to plans for a successor to the A320neo plane. Investors are advised to watch for cost-cutting measures, potentially boosting profits. While Airbus is not among the 10 best stocks identified by the Motley Fool Stock Advisor team, it remains an attractive investment opportunity.



Read more at Yahoo Finance: Why Airbus Stock Slipped on Friday