Safran names Eric Bachelet Executive Vice President for Research & Technology
Paris, 1st February 2011
Eric Bachelet was named Executive Vice President, Research and Technology for the Safran group on January 1, 2011. He succeeds Michel Laroche, who is retiring after a 40 year career with Safran.
Mr. Bachelet, 61, holds degrees from the Ecoles des Mines de Paris engineering school (1968) and Case Western Reserve University in the United States (1973). In 1974 he joined Snecma's materials & processes department, part of the engineering division, where he participated in the initial design of the CFM56 engine, then in the development of materials and processes for the core of the M88 engine, powerplant of the Rafale fighter. In 1991, he moved to Snecma's production division, then was named general manager of FAMAT, a manufacturing joint venture of GE and Snecma, in 1996. From 2001 to 2003, Eric Bachelet was Chief Operating Officer of Snecma Propulsion Solide, then Chief Operating Officer of Aircelle from 2003 to 2005. From 2005 until this latest appointment he was President of CFM International*, the 50-50 joint venture between Snecma and GE.
* Eric Bachelet is succeeded as CFM International President by Jean-Paul Ebanga.
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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