SOURCE: EADS North America

EADS North America

January 17, 2012 12:07 ET

EADS North America Announces New Leadership Structure

HERNDON, VA--(Marketwire - Jan 17, 2012) - EADS North America Chairman and Chief Executive Officer Sean O'Keefe today announced a restructuring of the company's senior leadership team in order to more fully leverage executive experience, skills and talents as well as increase responsibility and decision making throughout the organization. In addition to individual responsibilities, the senior leadership team will work with the CEO in guiding the company's growth in the U.S. market.

"EADS North America is dedicated to delivering the most capable systems and world class services to its U.S. federal and national security customers. We're very proud of our accomplishments in North America, particularly with highly successful programs like the UH-72A Lakota helicopter," O'Keefe said. "This management restructuring will unlock the significant talent and broad experience of our executive team as well as create a stronger foundation for continued growth in the U.S. market."

Reporting to the Chairman and CEO, the following individuals will participate as members of the company's executive leadership team:

1. Mike Cosentino has become the Senior Vice President for Operations and will have responsibility for the company's seven lines of business, programs, capture efforts, technology development, and quality control. Cosentino previously served as the Senior Vice President for Strategy and Business Development.

2. Sam Adcock has been named the Senior Vice President for Strategy and Business Development (BD) and will lead a team consisting of the company's four BD organizations, the strategy group and the bid and proposal team. Adcock previously served as Senior Vice President for Government Relations.

3. Guy Hicks, currently Vice President for Corporate Communications and Public Relations, has assumed the responsibility for government relations in addition to his current duties. He will oversee and coordinate the company's outreach efforts to the U.S. government as well as lead the external marketing and communications activities for EADS North America and its programs.

4. Paul Pastorek has been named Chief Administrative Officer in addition to his existing responsibilities as Chief Counsel and Corporate Secretary. He has responsibility for general administrative functions of the company. In addition, Pastorek will ensure that the activities of the senior leadership team are fully aligned with the company's mission and operational objectives. His portfolio includes oversight of the legal activities of the company including contracts, ethics and compliance, trade and export control, human resources policy, information technology, and supporting the activities of the Board of Directors.

5. Philippe Balducchi will continue to serve as the Senior Vice President for Finance with responsibility for the financial and accounting activities of both EADS North America and Airbus Americas. He will be succeeded by Xavier Tardy effective March 1.

6. David Fink will serve as the Chief Human Resources Officer with direct management responsibility for the human resources and facilities functions for EADS North America, and HR policy and integration synergy activities in the U.S.

7. David Oliver has assumed the newly created position of Strategic Advisor for Mergers and Acquisitions. In this capacity Oliver will act as the U.S. focal point for the company's ongoing analysis of new expansion opportunities in the North American market.

The new organization structure was announced to EADS North America employees in late December and formally took effect on January 1, 2012.

EADS is a global leader in all sectors of aerospace and defense, supporting more than 200,000 American jobs and contributing more than $11 billion annually to the American economy. EADS North America is the operating element of EADS coordinating the capabilities of the corporation's operating divisions to meet the needs of the North American federal and military markets.

About EADS North America (www.eadsnorthamerica.com)
EADS North America is the North American operation of EADS, a global leader in aerospace, defense and related services. As a leader in all sectors of defense and homeland security, EADS North America and its parent company, EADS, contribute over $11 billion to the U.S. economy annually and support more than 200,000 American jobs through its network of suppliers and services. Operating in 17 states, EADS North America offers a broad array of advanced solutions to its customers in the commercial, homeland security, aerospace and defense markets.

About EADS (www.eads.com)
EADS is a global leader in aerospace, defense and related services. In 2010, the Group -- comprising Airbus, Astrium, Cassidian and Eurocopter -- generated revenues of EUR 45.8 billion and employed a workforce of nearly 122,000.

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