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Denis Ranque Confirmed as EADS Chairman

Denis Ranque
Denis Ranque

Denis Ranque, former chief executive of Thales Group, has been formally elected as chairman of the EADS board of directors and Tom Enders was re-appointed CEO of the aerospace and defense conglomerate.

The board also appointed new members to the company’s audit and remuneration committees four months after the group announced a restructuring of its ownership setup, EADS said Tuesday.

Tom Enders
Tom Enders

Sir John Parker will continue serving as committee head of remuneration and nomination with Jean-Claude Trichet, Lakshmi Mittal and Hans-Peter Keitel as members.

Hermann-Josef Lamberti keep his title as audit committee chairman with Anne Lauvergeon, Michel Pebereau and Josep Pique i Camps as members of that panel.

EADS’ directors also voted to adopt an 18-month, $4.8 trillion initiative to repurchase 15 percent of its stock at $64 per share.

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