“People are asking themselves why they are in this position,” says Yvonnick Dréno, co-ordinator for the company’s largest French union, Force Ouvrière. “Five years ago [when Mr Enders was appointed chief executive] there were no clouds in the sky.”
Mr Enders’ methods have stirred up French paranoia about the reach of US regulators. He is not only demanding that internal documents be shared with foreign regulators, in the hope of winning reduced penalties, but he has appointed the Paris branch of a US law firm to conduct a review of compliance.
“There is a group of people who . . . believe that behind all this compliance is American economic imperialism,” said one of Mr Enders’ allies. “They are worried that once again the French government is unable to manage this.”
Mr Enders has now become a target for France’s powerful business and political elite. “The knives are out,” says one person who worked closely with the Airbus boss. “They have had enough of him.”
... but it ends with saying that the controversy is causing the Board to come together and support Enders.
It does slip in one tidbit:
Denis Ranque, the French chairman, is understood to have indicated to the French government that the board will seek a new chief executive from 2019, according to two people close to him.
So in the end, this episode may have cost Enders a chance to continue past 2019.
Reuters: Germany rebuffs speculation over Airbus CEO, structure also shows that Germany is not supporting any early ouster of Enders, but says:
Enders has come under increasing pressure over the conduct of an internal investigation that is being conducted in parallel with the external probes into sales practices launched by the UK and France.
Sources close to the company say repeated grillings have angered staff and alarmed French networks of influence abroad.
Supporters of Enders say there is no choice but to adapt to modern-day regulations and see the process through.
... which seems like a decent summary of the situation.
It even says "Berlin’s support is unlikely to sit well with Enders" which seems odd, but he really would prefer the government stay out of it totally.