Francis Baeny named head of Safran’s Labor Relations department

Paris, June 1st , 2010

Francis Baeny was named Vice President for Labor Relations by the Safran group today.

His appointment follows Safran's reorganization of its Corporate Human Resources into three major departments, including Labor Relations.

As the head of this department, Francis Baeny will coordinate Safran's social policies, oversee negotiations for all agreements involving Safran group companies, and be the primary Group-level contact for union organizations.

Francis Baeny, 56, graduated from the IEP (institute of political sciences) in Paris (1976), and holds a master of laws degree. From 1977 to 1989, he held various human resources management positions at Messier-Hispano-Bugatti facilities. In 1990 he was named head of human resources at Sochata, before taking over as head of the Snecma Corbeil plant from 1997 to 2000. He was then named Vice President for Human Resources at Hispano-Suiza, moving to the same position at Sagem Défense Sécurité in January 2007. From August 2007 until this latest appointment, Francis Baeny was head of executives management for the Safran group..

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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.

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