People: Airbus SE (AIR.PA)
15 Jul 2019
Mr. Klaus Richter has served as Chief Procurement Officer Airbus Group and Airbus, Member of the Executive Committee of Airbus SE since January 1, 2017. He served as Chief Procurement Officer Airbus & Airbus Commercial Aircraft, Member of the Executive Committee of the Company between January 1, 2015 and January 1, 2017. In this function, he is a member of the Airbus Group Executive Committee and the Airbus Executive Committee. In addition, he serves as the Chairman of the Board of Airbus in Germany. He is in charge of procurement across the entire Airbus organization, having responsibility for developing strong partnerships with suppliers and ensuring timely delivery of all purchased goods on cost and with the proper quality. In addition, Richter leads the General Procurement Organization of Airbus Group. He coordinates strategic procurement topics, as well as the development and application of procurement processes and tools across all Airbus Group Divisions. Richter is also responsible for the Airbus Group Regional Sourcing Offices in the U.S., India, China and Brazil. Richter joined Airbus Group in November 2007 as Executive Vice President Procurement for Airbus. Before joining the Group, Richter was Senior Vice President Materials Purchasing for BMW, based in Munich, Germany. In this position, he was heading all supplier relations for direct materials and equipment across the entire company. Klaus Richter began his professional career with McKinsey & Company in 1993 as a management consultant for automotive, electronics and aerospace businesses and product development, a role which he retained until he joined the BMW Group in 2003 as Head of Purchasing Strategy for production materials. He graduated from the Technical University Munich where he obtained a doctorate in mechanical engineering in 1991. After graduation he received a Humboldt scholarship and spent two years as a researcher and teacher at the University of California at Berkeley.
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