Noel Forgeard, Airbus

Airbus, the consortium of European aerospace companies based in Toulouse, France, has too often resembled the proverbial horse designed by a committee. But Noel Forgeard has taken a big stride toward transforming this industrial camel into a swift-winged Pegasus. With his diplomatic and managerial skills, Airbus has pulled even with archrival Boeing to command half the global market for commercial aircraft. And with a long-needed management overhaul under way, Forgeard is now ramping up Airbus to produce the A380, the world's largest commercial aircraft, by 2006.

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