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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

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20 Jul 2018
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Summary

Name Age Since Current Position

Ross McInnes

64 2015 Chairman of the Board

Philippe Petitcolin

66 2015 Chief Executive Officer, Director

Bernard Delpit

53 2015 Chief Financial Officer

Eliane Carre-Copin

66 2016 Director Representing Employee Shareholders

Didier Domange

75 2018 Director

Patrick Gandil

62 2013 Director - Representative of the French State

Vincent Imbert

62 2014 Director – Representative of the French State

Brigitte Lesschaeve

61 2018 Director Representing Employees

Gerard Mardine

59 2016 Director Representing Employee Shareholders

Daniel Mazaltarim

58 2014 Director Representing Employees

Lucie Muniesa

43 2016 Director - Representative of the French State

Helene Auriol Potier

56 2017 Independent Director

Jean-Lou Chameau

65 2011 Independent Director

Monique Cohen

62 2013 Independent Director

Odile Desforges

68 2011 Independent Director

Patrick Pelata

62 2017 Independent Director

Robert Peugeot

68 2018 Independent Director - Permanent Representative of F&P

Sophie Zurquiyah

52 2017 Independent Director

Biographies

Name Description

Ross McInnes

Mr. Ross McInnes has been Chairman of the Board of Directors at SAFRAN S.A. since April 23, 2015. He is Chairman of the Special temporary committee at the Company. He started his career in 1977 with Kleinwort Benson bank, first of all in London then in Rio de Janeiro. In 1980, he joined Continental Bank (now Bank of America) in which he held several positions as Vice President in the corporate finance arm, in Chicago and then in Paris. In 1989, he chose to move to large multinational corporations and became Chief Financial Officer of Ferruzzi Corporation of America. The Ferruzzi Group controlled, in particular, Eridania Beghin-Say, of which he was appointed Chief Financial Officer in 1991, then a member of the Board of Directors in 1999. The following year, he joined Thomson-CSF (now Thales) as Executive Vice President and Chief Financial Officer and assisted in the group’s transformation until 2005. He then moved to PPR (Pinault-Printemps-La Redoute, now Kering) as Senior Vice President for Finance and Strategy, before joining the Supervisory Board of Generale de Santé in 2006. At the request of the Supervisory Board, he served as acting Chairman of the Management Board of Generale de Santé from March to June 2007. He subsequently held the position of Vice-Chairman of Macquarie Capital Europe, notably specializing in infrastructure investments. In March 2009, Ross McInnes joined Safran as special Advisor to the Chairman of the Executive Board, before becoming Executive Vice President, Economic and Financial Affairs in June of that year. He was a member of the Executive Board of Safran between July 2009 and April 2011.

Philippe Petitcolin

Mr. Philippe Petitcolin has been Chief Executive Officer and Director at SAFRAN S.A. since August 1, 2015. He began his career in 1978 as an export manager for Europrim before becoming an export area manager for Filotex, a subsidiary of Alcatel-Alstom. In 1982 he was appointed Aviation Sales Director for Chester Cable in the United States before returning to Filotex in 1984 as Export Director. In 1988, he joined Labinal as Deputy Sales Director before being appointed Sales and Marketing Director of the company’s Aeronautical Systems Division and subsequently its Managing Director in 1995. Between 1999 and 2001, he was General Manager of Labinal's Filtrauto Division, also serving as General Manager of the friction materials business after the division was bought by Valeo. In May 2001, he was named Chief Executive Officer of Labinal (now Safran Electrical & Power), before being appointed Chairman and Chief Executive Officer in November 2004. He was then appointed Chairman and Chief Executive Officer of Snecma (now Safran Aircraft Engines) in 2006. Between 2011 and 2013, he served as President of Safran's Defense and Security businesses and then Chairman and Chief Executive Officer of Safran Electronics & Defense. From July 2013 to December 2014, he was Chairman and Chief Executive Officer of Safran Identity & Security and Chairman of the Board of Directors of Safran Electronics & Defense. He subsequently served as Chairman of Safran Identity & Security from December 2014 to July 2015. On April 23, 2015, he became a Board member of the Aerospace and Defence Industries Association of Europe (ASD). In July 2015, he was appointed Vice-Chairman of GIFAS and in September 2015, he was appointed as a Director of Belcan Corporation. He holds a degree in mathematics and is a graduate of the Centre de Perfectionnement aux Affaires (CPA) business school.

Bernard Delpit

Eliane Carre-Copin

Ms. Eliane Carre-Copin has been Director Representing Employee Shareholders of SAFRAN S.A. since May 19, 2016. She holds a degree in English from the University of Lille and is also a graduate of the Institut d’etudes politiques de Paris and Advancia. She has been with the Group for 26 years. After working as PA to the Chairmen of Snecma between 1992 and 1997, she was then appointed as a project manager for the Group International Affairs Department, where she deepened her knowledge of the Group’s various entities and their international markets. She is currently Group Assistant Compliance Director, specializing in commercial compliance and anti-corruption measures. In this role, she covers compliance matters concerning the international partners of the Group’s entities and helps train employees with regards to Safran’s compliance program

Didier Domange

Mr. Didier Domange has been Director of SAFRAN S.A. since May 25, 2018. He is Member of the Appointments and Compensation Committee at the Company. He joined the Domange family business in 1966 as supply chain manager and was a member of the Management Committee of Etablissements Domange from 1970 to 1980. In 1966, he was also appointed Director of Zodiac, becoming Chairman and Chief Executive Officer in 1973. When Zodiac was floated in 1983, he was appointed Chairman of the Supervisory Board, a position he held until January 2018. He graduated from Le Havre Ecole Superieure de Commerce (Ecole de Management de Normandie).

Patrick Gandil

Mr. Patrick Gandil has been Director - Representative of the French State of SAFRAN S.A. since May 28, 2013. He is Member of the Innovation and Technology Committee at the Company. He holds an engineering degree from Ecole Nationale des Ponts et Chaussees and is a graduate of Ecole polytechnique. He started his career in 1979 at the French Ministry for Public Works, where he worked for 15 years in several different posts. From 1995 to 1997, he served as Deputy Director of the Office for the French Minister of Civil Service, State Reform and Decentralization. From 1997 to 1999, he was the Head of the Department responsible for airbases at the Directorate General for Civil Aviation (DGAC). Subsequently, from 1999 to 2003, he worked at the French Ministry for Public Works, Housing, Transportation and Tourism as Director of Road Services. In 2003, he became the Director of the Office of the Minister for Public Works, Housing, Transportation, Tourism and the Sea, then Secretary-General of this Ministry in 2005, as well as Advisor to the Minister. He has been Director General of Civil Aviation at the French Ministry for Ecology, Energy, Sustainable Development and Land-Use Planning since 2007.

Vincent Imbert

Mr. Vincent Imbert has been Director – Representative of the French State of SAFRAN S.A. March 28, 2014. He is a senior defense engineer, is a graduate of Ecole Polytechnique and Ecole Nationale Superieure de l'Aeronautique et de l'Espace. He is a former auditor of the Center for Advanced Defense Studies (Centre des Hautes Etudes de l'Armement). He started his career at the French Directorate General of Weapons Procurement (DGA) in 1981 managing programs. He was Director of the PR4G (radios for the army) program and the RITA and RITA enhancement programs and then Director of the Leclerc tank program for France and the United Arab Emirates. In 1998, he became Director of the French military test center at Bourges, responsible for the assessment and testing of pyrotechnic, artillery and ground missile systems. In 2000, he was appointed Force System Architect, responsible for directing and managing prospective studies to prepare the French army's future defense and weapons systems. In 2003, he was appointed technical Advisor to the Deputy Head of the DGA, and became Director of its Ground Weaponry Programs Department (SPART) in 2004. In 2006, he also became Director of the DGA’s Observation, Telecommunication and Information Programs Department (SPOTI). In 2009, he was responsible for setting up the technical department at the DGA, which he subsequently managed. In June 2013, he was appointed Executive Vice President of the DGA and on September 1, 2017 became Inspector General of the Weaponry Division of the French Armed Forces.

Brigitte Lesschaeve

Ms. Brigitte Lesschaeve has been Director Representing Employees at SAFRAN S.A. since February 26, 2018. She is Member of the Innovation and Technology Committee at the Company. She is a graduate of Polytech Lille and holds a postgraduate degree in robotics. She began her career at Dassault Aviation in 1982 as a simulation engineer and in 1994 she joined GIAT Industries as procurement project manager for Leclerc tanks. After holding various posts at GIAT Industries, Ms. Lesschaeve joined Safran Landing Systems in 2005 as part of the quality program team in charge of the A400M. She currently works in the legal affairs department while also carrying out trade union functions within the CGT union. Her trade union specialization areas are personal protection insurance, retirement and disability.

Gerard Mardine

Mr. Gerard Mardine has been Director Representing Employee Shareholders of SAFRAN S.A. since May 19, 2016. He is Member of the Audit and Risk Committee at the Company. He holds a degree from ENSAM engineering school in Paris and is also a graduate of the Ecole Superieure des Techniques Aerospatiales. He joined Snecma in 1982 as an engineer specialized in regulating turbojet engines and subsequently became head of development of navigation equipment and drone systems at Sagem. For the past ten years he has specialized in drones and aviation and he is a member of EUROCAE, a European standard-setting body for the aviation industry.

Daniel Mazaltarim

Mr. Daniel Mazaltarim has been Director Representing Employees of SAFRAN S.A. since November 20, 2014. He is Member of the Appointments and Compensation Committee at the Company. He holds a Ph.D. in geology from Strasbourg University, post-graduate diplomas (DESS) in management and human resources management from Institut d’Administration des Entreprises de Paris and a Business Certificate from the American University of Paris. He has been with the Group for 17 years. He started his career as a quality assurance manager at Safran Transmission Systems (formerly Hispano-Suiza), before joining Safran Consulting in 2004, first as a consultant and subsequently a manager. In June 2014, he became a member of the Progress Initiative Department of Safran Aircraft Engines’ Military Engines Division as a Black Belt, then as a Master Black Belt.

Lucie Muniesa

Ms. Lucie Muniesa has been Director - Representative of the French State at SAFRAN S.A. since February 8, 2016. She is Member of the Audit and Risk Committee and Member of the Appointments and Compensation Committee at the Company. She is also Member of the Special temporary committee. She is a graduate of Ecole Nationale de la Statistique et de l’Administration Economique (ENSAE). She began her career at France’s National Institute of Statistics and Economic Studies (INSEE), before being appointed as deputy head of the Market Concentrations and State Subsidies Department at the Directorate General for Competition Policy, Consumer Affairs and Fraud Control in 2002. In 2004, she joined the French State Investment Agency (APE) as deputy to the heads of the “Energy, Chemicals and Other Investments” and “La Poste – France Telecom” Divisions, before being appointed Secretary General of the APE in 2007. In 2010, she joined Radio France as Chief Financial Officer then Deputy Chief Executive Officer in charge of Finance, Purchasing, Legal Affairs and Own Resources Development. In 2014, she was appointed as Director and Deputy Secretary General at the French Ministry of Culture and Communication. Since February 2016, she has held the position of Deputy Director General of the APE.

Helene Auriol Potier

Ms. Helene Auriol Potier has been Independent Director at SAFRAN S.A. since June 15, 2017. She is Member of the Appointments and Compensation Committee and Member of the Innovation and Technology Committee at the Company. She graduated as an engineer from the Ecole nationale superieure des telecommunications de Paris and completed an Executive Program MBA at INSEAD. She built her career in the digital technologies and telecommunications industry in the United States, Europe, Africa and Asia. She started her career in New York at France Telecom in 1986. In 1990, she joined the Canadian mobile technology company Nortel, where she spent 16 years and successively held several management positions including Vice President Mobile Pre-Sale Division and Vice President EMEA, Services & Operations. In 2006, she joined Dell as Managing Director, in charge of the Africa and Mediterranean region and as a member of the Executive Committee of Dell Emerging Markets. She joined Microsoft in 2009 as General Manager – Enterprises, Public Sector and Partners – and a member of the Executive Committee of Microsoft France. She was then appointed General Manager of Microsoft Singapore and a member of the Executive Committee of Microsoft Asia-Pacific. In 2013, she was appointed General Manager of Microsoft Dynamics, Western Europe. She has been General Manager of Microsoft Western Europe Public Sector since 2016.

Jean-Lou Chameau

Dr. Jean-Lou Chameau has been Independent Director of SAFRAN S.A. since April 21, 2011. He is Member of the Appointments and Compensation Committee and Member of the Innovation and Technology Committee at the Company. He obtained an engineering degree at Ecole Nationale Superieure d’Arts et Metiers in 1976, and then continued his studies at Stanford University, where he graduated with a Master’s in civil engineering in 1977, followed by a Ph.D. in seismic engineering in 1980. He started his academic career at Purdue University (United States), where he taught from 1980 to 1991, before joining Georgia Tech as professor and head of the School of Civil and Environmental Engineering. He left this position in 1994 to become Chairman of the international geotechnical engineering company, Golder Associates Inc. He returned to teach at Georgia Tech two years later, where he became dean of its College of Engineering in the United States. In 2001, he was promoted to the position of provost, which he occupied until 2006. From 2006 to June 2013, Jean-Lou Chameau was the President of the California Institute of Technology (Caltech). In June 2009, he was awarded the honorary “Doctor honoris causa” degree from Polytechnique Montreal in Canada. He is a member of the National Academy of Engineering in the United States and the Academie des Technologies in France. He was President of King Abdullah University of Science and Technology (KAUST) (Saudi Arabia) between July 2013 and August 2017. On May 27, 2016, he was appointed as a member of the international jury for the 2017 Queen Elizabeth Prize for Engineering.

Monique Cohen

Ms. Monique Cohen has been Independent Director of SAFRAN S.A. since May 28, 2013. She is Chair of the Appointments and Compensation Committee and Member of the Audit and Risk Committee at the Company. She is also Member of the Special temporary committee. She is a graduate of Ecole Polytechnique (1976) and has a Master's degree in mathematics. She started her career at Paribas, where she worked as Assistant Finance Manager from 1980 to 1987. At Paribas, which later became BNP Paribas, Monique Cohen successively held the positions of Administrative Officer of CourcouxBouvet – a brokerage firm and subsidiary of Paribas – between 1987 and 1990, Head of Equity Syndication and Brokerage Activities from 1990 to 1999, and Global Head of Equity Business from 1999 to 2000. Since 2000, Ms. Cohen has been an Executive Partner at Apax Partners in Paris, which specializes in investments in the business and financial services sector. Between June 2011 and September 2014, she was a member of the Board of Directors of the French financial markets authority (Autorite des marches financiers – AMF).

Odile Desforges

Ms. Odile Desforges has been Independent Director of SAFRAN S.A. since April 21, 2011. She is Chairwoman of the Company's Audit and Risk Committee. She is also Member of the Special temporary committee. She is a graduate of the Ecole Centrale Paris engineering school. She began her career as a Research Analyst at the French Transport Research Institute (Institut de Recherche des Transports). In 1981, she joined the Renault group as planning officer for the Automobile Planning Department before becoming a product engineer on the R19 and then for the M1 range (1984-1986). In 1986, she moved to the Purchasing Department as Head of the Exterior Equipment Unit. She was later appointed Director of Body Hardware Purchasing for the joint Renault Volvo Car Purchasing Organization in 1992, and for Renault alone in 1994. In March 1999, she became Executive Vice-President of the Renault VI-Mack group, in charge of 3P (Product Planning, Product Development, Purchasing Project). In 2001, she was appointed President of AB Volvo's 3P Business Unit. In 2003, Ms. Desforges became Senior Vice President, Renault Purchasing, Chair and Chief Executive Officer of the Renault Nissan Purchasing Organization (RNPO) and a member of the Renault Management Committee. From 2009 to July 2012, she was Director of Engineering and Quality, and a member of Renault’s Executive Committee. She retired on August 1, 2012.

Patrick Pelata

Mr. Patrick Pelata has been Independent Director of SAFRAN S.A. since June 15, 2017. He is Member of the Appointments and Compensation Committee and Member of the Innovation and Technology Committee at the Company. He is a graduate of the Ecole Polytechnique and of the Ecole Nationale des Ponts et Chaussees engineering school, and holds a Ph.D. in socioeconomics from the Ecole des Hautes Etudes en Sciences Sociales. He joined Renault in 1984 as a shop foreman at the Flins plant and from 1988 he contributed to the creation of the Renault Twingo and served in several engineering positions at Vehicle Engineering, where he became Senior Vice President in 1998 and joined the Renault Management Committee. Following the signature of the Alliance between Renault and Nissan in 1999, he joined Nissan in Tokyo as Executive Vice President in charge of Corporate and Product Planning, Design and Programs, sitting on the Executive Committee of Nissan and the Executive Board of the Alliance. In 2005, he returned to Renault as Executive Vice President in charge of Corporate and Product Planning, Design and Programs, and joined the Executive Committee. He served as Chief Operating Officer of the Renault group from October 2008 to April 2011, before his departure in August 2012. From September 2012 to July 2015, he was Chief Automotive Officer and Executive Vice-President of Salesforce.com with responsibility for strategy execution and promoting social media, mobility and cloud computing technologies to the automotive industry. In July 2015, he created Meta Consulting LLC, of which he is the President.

Robert Peugeot

Mr. Robert Peugeot has been Independent Director - Permanent Representative of F&P at SAFRAN S.A. since May 25, 2018. He is Member of the Audit and Risk Management Committee at the Company. He is a graduate of Ecole Centrale de Paris and INSEAD. He has held a number of high-level positions in the PSA Group and was a member of the Group Executive Committee from 1998 to 2007, responsible for Innovation and Quality. He is FFP’s permanent representative on the Supervisory Board of Peugeot S.A., and is also Chairman of the Strategy Committee and a member of the Finance and Audit Committee of Peugeot S.A. He has been Chairman and Chief Executive Officer of FFP, responsible for its business development, since end-2002.

Sophie Zurquiyah

Ms. Sophie Zurquiyah has been Independent Director of SAFRAN S.A. since June 15, 2017. She is Member of the Audit and Risk Committee at the Company. She is a graduate of the Ecole centrale de Paris and holds a Master of Science in numerical analysis from the Pierre and Marie Curie University (Paris VI), as well as a Master of Science in aerospace engineering from the University of Colorado. Having started her career with Schlumberger in 1991 as a geophysics engineer, she held a variety of positions in research, development and manufacturing in France and the United States, before becoming General Manager for Schlumberger’s South Latin America Region, based in Rio de Janeiro in 2003. Between 2005 and 2007, she served as Human Resources Director for Oilfield Services at Schlumberger, and then as Chief Information Officer for the Schlumberger group at its headquarters in Paris until 2009. In the same year she was appointed President of Schlumberger Data & Consulting Services in Houston, where she remained until 2012. Ms. Zurquiyah joined CGG on February 4, 2013 as Senior Executive Vice-President of the Geology, Geophysics & Reservoir (GGR) business. On September 1, 2015, she was appointed Chief Operating Officer in charge of Technology and Global Operational Excellence, in addition to her operating responsibilities for product lines in the GGR segment. She is currently a member of the Executive Committee of the CGG group. On November 18, 2017, Ms. Zurquiyah was appointed as a member of the French Industry Council by way of a ministerial decree.