{"id":85495,"date":"2011-01-24T20:45:59","date_gmt":"2011-01-24T12:45:59","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/ohb-fires-ceo-smutny-fuchs-takes-over-as-interim-chief-executive\/"},"modified":"2011-01-24T20:45:59","modified_gmt":"2011-01-24T12:45:59","slug":"ohb-fires-ceo-smutny-fuchs-takes-over-as-interim-chief-executive","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/ohb-fires-ceo-smutny-fuchs-takes-over-as-interim-chief-executive\/","title":{"rendered":"OHB Fires CEO Smutny; Fuchs Takes Over as Interim Chief Executive"},"content":{"rendered":"<p>[01-24-11] German space company and Galileo developer <strong>OHB System<\/strong> has fired CEO Berry Smutny after <em>WikiLeaks<\/em> released a cable containing conversations between himself and a U.S. official where Smutny described the Galileo as \u201ca stupid idea that primarily serves French interests,\u201d the company announced Jan. 21.<br \/>\n&nbsp;&nbsp;&nbsp; Last year, OHB System won a 566 million euro ($754 million) contract to build the first 14 satellites for Galileo, Europe\u2019s planned rival to the U.S. GPS system. The decision to fire Smutny follows the company\u2019s supervisory board decision to suspend the CEO on Jan. 17. OHB System board members said they \u201csaw no alternative to this decision in order to effectively avert any further damage to the company.\u201d <br \/>\n&nbsp;&nbsp;&nbsp; OHB System Supervisory Board Chief Manfred Fuchs will take over for Smuty as interim CEO until further notice. \u201cSmutny declared in a statutory oath that he did not make the statements attributed to him \u2026 This company expressly repudiates all the statements attributed to Smutny and affirms its full and complete commitment to Galileo,\u201d Fuchs said in a statement.<br \/>\n&nbsp;&nbsp;&nbsp; In a separate statement, European Union Industry and Entrepreneurship Commissioner Antonio Tajini said Smutny\u2019s removal would not create any problems for Galileo or OHB\u2019s participation in the program.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[01-24-11] German space company and Galileo developer OHB System has fired CEO Berry Smutny after WikiLeaks released a cable containing conversations between himself and a U.S. official where Smutny described the Galileo as \u201ca stupid idea that primarily serves French interests,\u201d the company announced Jan. 21. &nbsp;&nbsp;&nbsp; Last year, OHB System won a 566 million [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-85495","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/85495"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=85495"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/85495\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=85495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=85495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=85495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}