Safran management appointments

Paris, July 31, 2009

Olivier Andriès has been named Executive Vice President, in charge of the Safran Group's Defense – Security branch. Until now this position was held by Jean-Paul Herteman in addition to his position as Chief Executive Officer of Safran.

Jean-Pierre Cojan has been named Executive Vice President, Strategy and Development, replacing Olivier Andriès.

Vincent Mascré, currently Executive Vice President of Aircelle, will be nominated as Chairman and CEO of this Group subsidiary, replacing Jean-Pierre Cojan, in a proposal to the Aircelle Board of Directors.


Olivier Andriès, 46, graduated from Ecole Polytechnique (1981) and Ecole des Mines de Paris (1984). After holding several positions in the French Ministry of Industry and the Treasury, he joined the cabinet of the Minister of Finance in 1993 as advisor on industrial affairs. In 1995 he joined the Lagardère group as Deputy Director of Strategy, in charge of various merger and acquisition projects. Olivier Andriès was named personal advisor to Jean-Luc Lagardère in 1998.
He joined Airbus in 2000 as Senior Vice President, Product & Services Policy. In 2005 he was named Executive Vice President, Strategy and Cooperation, then Head of Strategy at EADS in July 2007.
He joined the Safran group on March 1, 2008, as Executive Vice President, Strategy and Development.

Jean-Pierre Cojan, 55, graduated from the Ecole des Mines de Paris engineering school (1974). He joined Snecma in 1977 as structural design engineer. Starting in 1981 he held various customer management positions, including military applications for the CFM56 in the United States, preparation for service entry of new CFM International customers (1985) and customer support for several major airlines (1988). Jean-Pierre Cojan was named head of customer technical support in 1990, then director of marketing in 1991. He became director of the civil aviation market in 1995, then head of the Commercial Engines division in 2001. In 2007 he was named Chairman and CEO of Aircelle.

Vincent Mascré, 51, holds a degree from the Ecole Centrale de Paris engineering school (1980) and a master's in economic sciences (1980). He joined Snecma in 1981 as advanced projects engineer. After holding several positions in production and management control, Vincent Mascré was named deputy director of purchasing. He was named general manager of the Gennevilliers plant in 2002, then head of Snecma's rotating parts center of industrial excellence in 2006. He held this position until 2008, when he joined Aircelle as Executive Vice President.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defense and Security. Operating worldwide, the Safran group has 54,500 employees and generated sales exceeding 10 billion euros in 2008. 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 1.2 billion euros in 2008. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.

Investors and Analysts contact :
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Tel +33(0)1 40 60 80 45
Fax +33 (0)1 40 60 84 36

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Safran Group
2, bd du Général Martial Valin
75724 Paris Cedex 15 – France

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