Posted By Global Banking and Finance Review
Posted on December 19, 2024

(Reuters) - French aerospace company Arianespace, a joint venture between Safran and Airbus under ArianeGroup, announced a change in chief executive on Monday.
Stephane Israel, who has held the CEO position at Arianespace since 2013, will leave the group at the end of December to embark on a new career opportunity in January.
Arianespace has named David Cavailloles as new CEO, starting in January.
(Reporting by Leo Marchandon; Editing by David Goodman)