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EADS Board Approves Management Reshuffle
The EADS board of directors has approved a planned management reshuffle after naming former European Central Bank chief Jean-Claude Trichet to the board in a bid to appease the French government. The leadership transition will now unfold as initially planned, with Airbus CEO Tom Enders replacing retiring EADS CEO Louis Gallois this summer, and Fabrice Bregier moving into the top job at Airbus. Arnaud Lagardere takes over as EADS board chairman from Bodo Uebber.