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2010

31.08.2010
Karen Bomba named Chairman & CEO of Labinal

PRESS RELEASE

Blagnac, 31 August 2010

Effective 1st September 2010, Karen Bomba has been appointed Chairman and Chief Executive Officer of Labinal (Safran group), reporting to Yves Leclère, Executive Vice President, Aircraft Equipment branch. Karen Bomba succeeds Norman Jordan.

“Karen has held a number of senior management positions in the aerospace industry, including extensive previous experience with the Safran group, and we are very pleased that Karen will now lead Labinal,” said Yves Leclère. “She has an excellent track record of delivering growth and performance as well as driving customer focus.”

“Karen will bring a wealth of experience to Labinal,” added Yves Leclère. "She joins Labinal at a very exciting time in the company’s history. It is very well positioned as a world leader in aircraft wiring systems, with new technologies and capabilities, plus a full-fledged commitment to quality, customer satisfaction and service that is recognized worldwide."

Karen Bomba received a Bachelor of Science in Mechanical Engineering from Rensselaer Polytechnic Institute and a Master of Science in Manufacturing Engineering from UCLA. She began her career at Northrop Corporation’s Advanced Systems Division facilities in California as Manufacturing Engineering Manager, working on the structures and systems for the B-2 bomber program. Then, she spent seven years as Business Line Manager for Aircraft Structures, Insulation Products and Carbon-Carbon brakes at Hitco Carbon Composites in Gardena, CA. In 2000, she was appointed Chairman and CEO of Messier-Bugatti USA, a subsidiary of Messier-Bugatti, Safran group. In 2008, she joined Zoltek Companies, Inc. as Chief Operating Officer.

* * *

About Labinal One of the Safran group’s high tech companies, Labinal is a world leader in the field of electrical wiring systems – and studies in their engineering and associated technology – for the aviation, space and defense markets. The company’s unmatched expertise is founded on decades of design, development and manufacturing success with long-term partnerships with the leading aerospace companies. Labinal’s industrial activities, market segment oriented and customer-driven, are organized in four Divisions: Europe Wiring, North America Wiring, Safran Engineering Services and Labinal Services.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has 55,000 employees and generated sales exceeding 10.4 billion euros in 2009. 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 1.1 billion euros in 2009. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.

SAFRAN CONTACT

Investor Relations contact
Pascal BANTEGNIE
Directeur de la communication financière
Tel +33(0)1 40 60 80 45
pascal.bantegnie@safran.fr

Press contact
Catherine MALEK
Responsable Relations Presse
Tél +33 (0)1 40 60 80 28
catherine.malek@safran.fr

PRESS RELEASE

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