Franck Saudo named CEO of Safran Helicopter Engines, and Eric Valentin CEO of Safran Transmission Systems
Paris, February 27, 2018.
Franck Saudo has been named Chief Executive Officer of Safran Helicopter Engines, effective April 2, 2018. He succeeds Bruno Even, who is leaving Safran.
Franck Saudo started his career in 2003 at the Treasury Department of the French Ministry of Finance, first acting as head of financial markets, then in charge of issues concerning international debt and the Club de Paris. In 2007, he was named financial sector advisor to the cabinet of the French Minister of the Economy, Industry and Employment. He joined Safran in 2011 as deputy to the Group's Executive Vice President for Strategy and Development.. In July 2013, he was named Vice President, Support & Services at Turbomeca (now Safran Helicopter Engines). From December 2017 to this latest appointment, he was CEO of Safran Transmission Systems.
Franck Saudo, 41, holds degrees from the Ecole Polytechnique (2000), the Ecole Nationale des Ponts et Chaussées (2003) and the London School of Economics (2003)
Eric Valentin has been named Chief Executive Officer of Safran Transmission Systems, effective April 2, 2018. He replaces Franck Saudo, named CEO of Safran Helicopter Engines.
Eric Valentin started his career in 1998 with Alcatel Cable (now Nexans) as internal consultant, project manager, and then SAP implementation program manager. He joined Safran in 2003 with Ningbo Bird Sagem Electronics Co., Ltd. as Vice President for Finance and Human Resources, subsequently being named Senior Executive Vice President of the company. In July 2007 he was named deputy director of the 2G Business Unit at Sagem In March 2009, he moved to Messier-Bugatti-Dowty (now Safran Landing Systems) as Vice President, Operations for the Suzhou plant in China. From April 2012 until this latest appointment, he was Vice President for Production in the Landing Gear & Integration division of Safran Landing Systems.
Eric Valentin, 44, holds degrees from the Ecole Polytechnique (1993) and the Ecole des Mines de Paris (1998).
Safran is an international high-technology group, operating in the aircraft propulsion and equipment, space and defense markets. Safran has a global presence, with nearly 58,000 employees and sales of 15.8 billion euros in 2016. 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 1.7 billion euros in 2016. Safran is listed on the Euronext Paris stock exchange, and is part of the CAC 40 and Euro Stoxx 50 indices.
In February 2018, Safran took control of Zodiac Aerospace, significantly expanding its aircraft equipment activities. Zodiac Aerospace has 32,500 employees and generated sales of 5.1 billion euros for its fiscal year ended August 31, 2017.