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MTU, Airbus and TÜV Süd Finalize Executive Succession Plan

These appointments align start dates for new CEOs at three major aerospace firms.

Overview

  • Johannes Bussmann will shift from TÜV Süd to MTU in mid-July and officially take over as CEO on September 1, 2025.
  • Ishan Palit is set to assume the interim chief executive role at TÜV Süd on July 15, plugging the vacancy left by Bussmann.
  • Lars Wagner will leave MTU this autumn to head Airbus’s commercial aircraft division beginning January 1, 2026.
  • Finalizing these moves hinged on appointing a TÜV Süd successor, a requirement that delayed both Bussmann’s and Wagner’s start dates.
  • The orchestrated reshuffle underlines how intercompany dependencies and career mobility shape leadership across major aerospace firms during subdued market conditions.