(Corrects day of the week in paragraph 1)
(Reuters) -French aerospace company Arianespace, a joint venture between Safran and Airbus under ArianeGroup, announced a change in chief executive on Thursday.
Stephane Israel, who has held the CEO position at Arianespace since 2013, will leave the group at the end of December to embark on a new career opportunity in January.
Arianespace has named David Cavailloles as new CEO, starting in January.
(Reporting by Leo MarchandonEditing by David Goodman)