Jean-Paul Gut
Jean-Paul Gut , born on July 1st, 1961, is an important member of the group EADS.
Studies
It is graduate Institut of political studies of Paris and has a master in economy.
Matra
Jean-Paul Gut begins his career in 1983 at Matra - Defense, at the 22 years age, as an Export vice-president. In 1988, he sees himself entrusting the commercial position of director Export.
In 1990, it is named Executive Vice-president for the international businesses of Matra Défense Spaces. In 1993, it reaches the Executive post of Senior Vice-president, in load of all the international businesses of the Groupe Lagardere. He becomes member of the executive committee and strategic like advising of the president Jean-Luc Lagardere.
In 1996, he becomes Senior Executive Vice President of Matra BAE Dynamics. In 1998, it is named delegate president of the management of the Lagardere Group, responsible with the international businesses and the sector high technologies.
With the fusion of Aerospace Matra-Defense and in 2000, it is named president of aerospatiale Matra Lagardere International and delegate president in load of the defense and the space transport of aerospatiale Matra, one of the three companies founders of EADS.
EADS
With the creation of EADS, he becomes member of the board of directors and the executive committee of EADS. Near to Arnaud Lagardere, it is named, in June 2005, delegated general director of EADS at the time when Noel Forgeard and Thomas Enders arrives at the head of the civilo-soldier group. He is also director of EADS International (the organization marketing of EADS) which he founded with the creation of the group in 2000.
In May - June 2006, it takes again the functions of director of the strategy of the group EADS occupied by Jean-Louis Gergorin, resigner after smise in examination in the Affaire Clearstream 2. He becomes managing director in charge with marketing, international and the strategy until June 2007.
In June 2007, it leaves EADS, replaced by the president of MBDA (connects missilière of EADS in partnership with BAE Systems and Finmeccanica), Marwan Lahoud, brother of Imad Lahoud, suspecté to be the author of the false listings of the Affaire Clearstream 2.
Gilded parachute
Jean-Pâul Gut profited officially from 2,8 million euros of severance pays (Parachute gilded), which corresponds to two years of wages. This sum, lower of almost three times than that perceived by Noel Forgeard, could cause a new polemic whereas Airbus, subsidiary company with 100% of EADS, implements the " plan; Power 8" of cost reduction and suppression of 10.000 employment.
May 14th, 2007, according to the Capital newspaper , Jean-Paul Gut would have initially required a Severance pay (Parachute gilded or Golden parachute) of 12 million euros, that is to say 4 of more than Noel Forgeard (8,5 million euros of allowances). To avoid a new polemic, a solution would have been found with the funds of investment of the State of the Qatar, the QIA, which controls a little more than 6% of the capital of EADS. According to Capital, the QIA would engage Jean-Paul Gut, by pouring a “Prime of welcome” (or " to him; Golden delicious Hello ") at least 12 million euros. This Qatari solution was denied by the company EADS after its public evocation.
Suspicion of offense of initiate (Business EADS)
In the Business EADS, top-ranking executives of this company would have carried out important appreciations by selling titles EADS in March 2006, before the advertisement of delays of delivery of the very large transport aircraft A380, announces which had involved a fall of the course of the action of the group of more than 26% in only one meeting. The judges Philippe Courroye and Xavière Simeoni were appointed in November 2006 to inform open legal information against X for Délit of initiate, concealment of offense of initiate and diffusion of false or misleading information, following a complaint of small shareholders.
Jean-Paul Gut , delegated general director, would have thus sold 75.000 titles for 1.150.000 euros, just like Noel Forgeard, copresident of EADS, and his children, François Auque, director of EADS Space, Jussi Itavuori, director of human resources. " At the time when I exerted my stock-options, I did not have any information allowing me to think that delays at Airbus were going to have an impact on the accounts of EADS " , Jean-Paul Gut with the Barber declared on June 11th, 2007.
References
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Of the executives of EADS convened with the financial brigade at Paris , Le Monde, April 24th, 2007
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Jean-Paul Gut would ask for 12 million of euros to leave , nouvelobs.com, May 14th, 2007
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a leader of EADS would require 12 million euros of severance pays , Le Monde, May 15th, 2007
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EADS : Jean-Paul Gut throws the sponge , Le Figaro, 6/11/2007
Sources
¹ http://www.eads.net