Lilium has today announced changes to its Board of Directors, subject to approval at the upcoming extraordinary general meeting of shareholders (EGM) on Wednesday, September 18, 2024. The company intends to appoint Philippe Balducchi as a non-executive member of the Board, while Barry Engle and Henri Courpron, who have served as non-executive directors, do not plan to stand for re-appointment following the completion of their terms.
Philippe Balducchi currently serves as Group CFO of KNDS, a tier one European defence technology supplier with production lines in France and Germany and industrial partnerships throughout the world.
“Philippe Balducchi brings extensive aerospace programme experience having also previously served in multiple senior management roles during a 20-year career at Airbus and its predecessor companies,” said the company in a press release. “As CEO of Airbus Canada, Philippe oversaw the production ramp up of the successful Bombardier C-Series, its rebranding as the Airbus A220, and the establishment of a new final assembly line in Alabama. Balducchi is an aviation engineer and holds an MBA from HEC Paris Business School.”
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