Airbus reshuffles supply chain as former autos executive leaves group

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Airbus reshuffles supply chain as former autos executive leaves group
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Airbus is seeking a new permanent leader of a $50 billion supply chain as Klaus ...

PARIS - Airbus is seeking a new permanent leader of a $50 billion supply chain as Klaus Richter, chief procurement officer, steps down from his post at the Franco-German-led company to “pursue other professional challenges,” industry sources said.

His post was excluded from the executive committee in April, marking a retreat from previous company efforts to emulate the status given to procurement issues at some global car firms. Richter, once seen by some as a potential candidate for CEO, joins a long list of unconnected departures and his exit appears linked to matters of corporate structure and style rather than purely industrial issues, people close to the company said.Richter could not be reached for comment.Aircraft buyers at back-to-back conferences in Hong Kong said deliveries of the 240-seat A321ACF, a complex new version of the A321neo, are running at least six months late.

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