FINANCE MONTHLY CEO AWARDS 2014 Winner...
JORDI BOTO Germany
ABOUT JORDI BOTO
I began my career at the aeronautic industry almost twenty years ago in the former DASA (Daimler Chrysler Aerospace) in Munich.
Since then many things have happened and many things changed, nonetheless the fusion of dasa with Aerospatiale and the Spanish Casa into EADS, and a unified Airbus as part of it.
I joined Airbus in 1998, and despite having an Engineering background, my first steps were in Finance, as head of controlling Airbus’ Germany before and after the merge, I then moved to Toulouse and into Engineering, led Airbus diversification programs (ATR, Hawker, Eurofighter, Transall, etc), from 2009 until 2012 led Power 8, Airbus transformation program, and since 2012 I am in charge of PFW Arospace.
I am 45 years old, born in Spain and hold a German and Spanish nationality.
“ CEO of PFW Aerospace GmbH
COMPANY PROFILE PFW Aerospace is a Traditional rich company, we had the opportunity to celebrate its 100 years in 2013.
PFW was carved out of Dasa in 1998, and in 2011, Airbus had to step in,
in order to avoid its
bankruptcy, which would have caused a major havoc in both the Airbus and Boeing supply chain.
tanks for Airbus’ single aisle and long range families, and complex aerostructure too.
Airbus is turning around the company since 2011, in a very successful manner, as we achieved to be back in a positive ebit and cash path since end 2012. Airbus hold 75 % of shares and the former
The main challenges derive from the role that an independent supplier is asked to fulfil as a Risk sharing partner: industrial and technology excellence is no longer enough to be successful in the marketplace, on top of that, suppliers have to have a strong financial backbone in order to cope with OEM expectations in terms of financial risk sharing and up front financing.
“
Airbus is turning around the company since 2011, in a very successful manner
PFW is the worlds largest manufacturer of tubes and tube systems for aeronautic purposes (we deliver components for all Airbus aircraft families, including military ones, and the whole tubing systems for Boeings 787). Besides this, we produce auxiliary cent
owner, Safeguard International 25%.
The objective is to settle down an industrially sound and financially solid company that can operate as an independent company again.
Our mission and vision is to continue developing PFW as a worldwide leader in our core activities, complex tube and tubing systems for the transport of all types of fluids needed in a plane, as well as continue developing our technologies and know how to capture other market areas in which we are not a leading player, this making use of our Engineering capabilities, our unique industrial skills and quality standards in our factory in Germany, and of course take advantage of the chances that our factory in Turkey offers us.
we deliver components for all Airbus aircraft families, including military ones, and the whole tubing systems for Boeings 787
Jordi Boto, CEO of PFW Aerospace GmbH Website:
www.pfw.de
FINANCEMONTHLY 21
EUROPE
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