Board of Directors

The Board of Directors, an independent body, determines Safran’s major strategic objectives and oversees their implementation. Specialized committees provide input to support the decision-making process.

Defining corporate strategy

Acting on behalf of shareholders, the Board of Directors plays a decisive role. It defines Safran's strategy and oversees its implementation. It chooses corporate officers and determines how corporate management operates, enjoying decision-making power from this standpoint. It also guarantees the information provided to shareholders. 

Safran’s Board of Directors

Ross McInnes
Ross McInnes, Chairman of the Board
Philippe Petitcolin
Philippe Petitcolin, Chief Executive Officer, Safran
Christian Streiff
Christian Streiff, Vice Chairman
Odile Desforges
Odile Desforges, Chairman of the Audit and Risk Management Committee
Jean-Marc Forneri
Jean-Marc Forneri, Chairman of the Nomination and Remuneration Committee
Gérard Mardiné
Gérard Mardiné
Giovanni Bisignani
Giovanni Bisignani
Frédéric Bourges
Frédéric Bourges
Jean-Lou Chameau
Jean-Lou Chameau
Monique Cohen
Monique Cohen
Patrick Gandil
Patrick Gandil
Eliane Carré-Copin
Eliane Carré-Copin
Vincent Imbert
Vincent Imbert
Xavier Lagarde
Xavier Lagarde
Elisabeth Lulin
Elisabeth Lulin
Daniel Mazatarim
Daniel Mazaltarim
Lucie Muniesa
Lucie Muniesa

 

An independent, representative board

The makeup of the Board of Directors ensures that it can make objective, enlightened decisions. The 17 members of the Board include:

  • One State representative and two directors proposed by the State; two employee shareholder representatives and two employee representatives, meaning that all stakeholders involved in Safran's daily affairs are represented.
  • 7 independent directors (equal to more than 50% of the Board, according to the calculation criteria in the AFEP-MEDEF code), offering a wide range of complementary expertise.
  • 5 women (equal to a third of the Board, according to the calculation criteria in the AFEP-MEDEF code), and three directors with international profiles.
  • Permanent "guests" with a consultative voice: a government commissioner and representatives of the central work's council. 

 

2
employee representatives
2
employee shareholder representatives
7
independent members
(equal to more than 50% of the Board, according to the calculation criteria in the AFEP-MEDEF code)
3
members named by the State or proposed by the State

 

Permanent Board committees

Each of the Board committees, acting within its scope of expertise, provides in-depth analysis prior to the Board's deliberations to support its decisions. They issue proposals, opinions and recommendations to the Board.

  • Audit and Risk Management Committee :
    • This committee exercises meticulous control over Safran's financial statements and information. It also oversees the efficiency of the Group's internal control and risk management systems.
    • Committee members are :
      • Odile Desforges (Chairman),
      • Monique Cohen,
      • Gérard Mardiné,
      • Élisabeth Lulin,
      • Daniel Mazaltarim,
      • Lucie Muniesa.
  • Nomination and Remuneration Committee :
    • With a majority of independent directors, this committee assists the Board in selecting its members and corporate officers. It also draws up recommendations and proposals concerning the compensation of corporate officers.
    • Committee members are :
      • Jean-Marc Forneri (Chairman),
      • Giovanni Bisignani,
      • Frédéric Bourges,
      • Jean-Lou Chameau,
      • Xavier Lagarde,
      • Lucie Muniesa,
      • Christian Streiff.