Amsterdam, 23
October
2008
The Board of Directors has decided to implement a new compliance organization for the EADS Group.
Pedro Montoya (45) has been appointed Chief Compliance Officer (CCO), effective immediately.
Pedro Montoya is in charge of setting up and managing the newly created corporate compliance office. He is responsible for structuring and implementing a re-designed EADS Ethics and Compliance Programme.
The CCO reports to the Chief Executive Officer and has direct access to the EADS Board and Audit Committee. The organization’s mission is to ensure that the Group conducts its business in compliance with relevant Laws and best practices endorsed by the Group. Beyond that, it is one of EADS’ responses to the growing societal demand for ethical and responsible corporate behavior.
A senior international company lawyer, Montoya was between 1986 and 1990 Legal Counsel in Procter & Gamble España, SA. In 1990, he joined the Spanish Aerospace CASA group where he became General Counsel and Company Secretary. In 2000, he joined the EADS Group as VP Head of Contracts, Litigation and Intellectual Property. Since 2006, he was
General Counsel EADS International.
EADS is a global leader in aerospace, defence and related services. In 2007, EADS generated revenues of € 39.1 billion and employed a workforce of about 116,000. The Group includes the leading aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and EADS Astrium, the European leader in space programmes from Ariane to Galileo. Its Defence & Security Division is a provider of comprehensive systems solutions and makes EADS the major partner in the Eurofighter consortium as well as a stakeholder in the missile systems provider MBDA. EADS also develops the A400M through its Military Transport Aircraft Division.
