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Monday, February 23, 2009

Thales Replaces Aerospace Division Head

Thales in January replaced the head of its Aerospace Division, citing the division’s lagging performance.

Jean-Georges Malcor, 52, formerly head of the company’s Naval Division, was appointed senior vice president of the Aerospace Division, replacing Francois Quentin. Quentin will be offered a new position within the group “at a later date,” the company said.

“The objective is to give this activity a new impulse following the insufficient economic performance of this division, particularly concerning the management of some major programs,” Thales stated.