Florent Illat named Head of Safran Corporate Ventures
Florent Illat has been appointed Head of Safran Corporate Ventures, with effect from June 3. He replaces Grégoire Aladjidi, who was named Senior VP Strategy and M&A, effective November 1, 2018.
Established in March 2015, Safran Corporate Ventures is the Group's corporate venture capital arm. Its minority investments fund startups that have developed breakthrough or disruptive technologies or new business models.
Florent Illat began his career in 2004 as an Equity Capital Market analyst at Société Générale. In 2006, he joined the Paris office of McKinsey as a strategy consultant for major groups and investment funds. In 2013, he became Senior VP of Quadrille Capital, a private equity and venture capital firm specializing in investment in innovation and technology, where he was involved around 10 investments in startups and funds in Europe and the United States.
Florent Illat, 36, is an engineer. He graduated from the École Centrale de Paris in 2006.
Safran is an international high-technology group, operating in the aircraft propulsion and equipment, space and defense markets. Safran has a global presence, with more than 92,000 employees and sales of 21 billion euros in 2018. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. Safran undertakes Research & Development programs to meet fast-changing market requirements, with total R&D expenditures of around 1.5 billion euros in 2018.
Safran is listed on the Euronext Paris stock exchange, and is part of the CAC 40 and Euro Stoxx 50 indices.