Airbus proposes Rene Obermann as next chairman from 2020

AMSTERDAM (Reuters) - European planemaker Airbus said it would propose former Deutsche Telekom chief Rene Obermann as its next chairman starting from 2020, completing the shift to what current chairman Denis Ranque called a "new generation of management".

Obermann was chief executive of Deutsche Telekom from 2006 to 2013. He is currently a managing director of private equity investor Warburg Pincus and had been seen in Berlin as the favourite of the German government for the post.

(Reporting by Tim Hepher; Editing by Sudip Kar-Gupta)