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Airbus Names Dr. Thomas Toepfer as Future Chief Financial Officer

Airbus has today announced the appointment of Dr. Thomas Toepfer as the company’s future Chief Financial Officer, effective September 1st, 2023. Mr. Toepfer will succeed Dominik Asam, who will depart the company on March 3, 2023.

Airbus' Incoming Chief Financial Officer, Dr. Thomas Toepfer - Courtesy Airbus

On Wednesday (February 15, 2023), Airbus announced the appointment of Dr. Thomas Toepfer (50) as the company’s new Chief Financial Officer effective September 1st, 2023. Dr. Toepfer is currently the CFO of Covestro AG, a DAX40 company and one of the world’s leading suppliers of premium polymers. He will succeed Dominik Asam (53), who will be departing Airbus on March 3, 2023. During the interim period, Xavier Tardy, Executive Vice President Finance for Airbus Defence and Space, will oversee the role to ensure continuity. In his new role, Thomas Toepfer will report to Airbus’ Chief Executive Officer Guillaume Faury, and become a member of the Airbus Executive Committee.

In Wednesday’s announcement, Airbus’ CEO, Guillaume Faury, said,

“We are very pleased to have Thomas joining Airbus as CFO at this important time for the Company. Thomas is a highly regarded CFO in the DAX40 and I am looking forward to working with him on the Airbus Executive Committee as we continue to ramp-up production and secure our long-term ambitions in a complex operating environment. I sincerely thank Dominik for everything he has brought to Airbus. Together with his team he helped the Company navigate the most severe crisis of its history, ensuring we are well positioned to manage the recovery and prepare our sustainable future. I wish Dominik all the best for his new challenges at SAP.”

Dr. Thomas Toepfer has served as Covestro’s CFO since April 2018, and has held the additional position of Labor Director since January 2019. Prior to joining Covestro, he was CFO of KION Group, a leading provider of materials handling and warehouse automation solutions. Since January 2022, Dr. Toepfer has also been a member of the shareholder committee and Supervisory Board of CLAAS KGaA mbH, a global manufacturer of agricultural machinery. Born in Hamburg, Germany in 1972, Dr Thomas Toepfer holds a PhD in Business Administration from Otto Beisheim Graduate School of Management (WHU), Koblenz.

Source: Airbus SE

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