Death of Jean-Paul Béchat

Paris, November 24th, 2014

Safran Management is deeply saddened by the news of the death of Jean-Paul Béchat, President of the Management Board of the Group from 2005 to 2007.

"I was fortunate to work by his side for many years and thus able to appreciate Jean-Paul Béchat's many qualities throughout his career as a remarkable industrial leader. I know he has played a pivotal role in our efforts to build a robust high-technology Group that has emerged as a leader in its fields and built a solid reputation on international markets. We all owe him a lot," said Jean-Paul Herteman, Chairman & Chief Executive Officer of Safran.

Jean-Paul Béchat joined the Group in October 1965 and spent most of his career working in a wide variety of functions at various Safran companies. He graduated from Ecole Polytechnique in 1962, earned his Master of Sciences degree from Stanford University in 1969, and went on to join Snecma as a production engineer, where he promptly assumed responsibility for Concorde engine nozzle assembly and then for running production at the company's plant in Corbeil. 
He then served as Production Director (1974-1978), Vice-President Industrial Affairs, then Executive Vice President at Hispano-Suiza (1982-1985). In-between, he worked for Snecma's Technical Department as Deputy Director (1979-1981) and then for that company as Head of Industrial Relations (1981-1982). During that time, he led the shift to a 39-hour working week. In 1986, he became Chief Executive Officer, then Chairman & Chief Executive Officer of Messier-Hispano-Bugatti (Snecma Group), where he modernized industrial capacity, built an international service network, and established Messier-Dowty in 1994. 
From 1994 to 1996, he served as Chairman & Chief Executive Officer of Société Nationale des Poudres et Explosifs (SNPE). SNPE's Matériaux Energétiques (energy materials) arm went on to join Safran in 2011. He was subsequently appointed Chairman & Chief Executive Officer of Snecma, which he headed until Safran was created in 2005. 

Jean-Paul Béchat also chaired GIFAS (Groupement des Industries Françaises Aéronautiques et Spatiales) from 1997 to 2001, and subsequently became a Board member and one of its Honorary Chairmen. He was also a member of the Musée de l'Air et de l'Espace Board.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Group has 66,300 employees and generated sales of 14.7 billion euros in 2013*. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.8 billion Euros in 2013. Safran is listed on Euronext Paris and is part of the CAC40 index.  
*  Sales in 2013 restated for the impacts of IFRS11 amounted to 14.4 billion euros. 
For more information, www.safran-group.com  / Follow @SAFRAN on Twitter

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Group has 66,300 employees and generated sales of 14.7 billion euros  in 2013*. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.8 billion Euros in 2013. Safran is listed on Euronext Paris and is part of the CAC40 index.

* Sales in 2013 restated for the impacts of IFRS11 amounted to 14.4 billion euros.

For more information, www.safran-group.com / Follow @SAFRAN on Twitter

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