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Governance – Changes in the membership structure of the Board of Directors


Following an election process in accordance with the law and with Safran's bylaws, the following persons were elected as Directors representing employees: Christèle DEBARENNE-FIEVET (re-appointment) and Ivan HARDOUIN (replacing Hervé CHAILLOU, whose term of office has expired), for a four-year term starting November 20, 2023.

The Board of Directors noted the results of these elections, and decided to re-appoint Christèle DEBARENNE-FIEVET as a member of the Appointments and Compensation Committee (only attending the "compensation" part of this Committee meetings, as before).

The proportion of independent Directors and of women on the Board remain unchanged at 66.67%* and 41.67%* respectively.


*In accordance with the AFEP-MEDEF Corporate Governance Code for Listed Companies and French law, Directors representing employee shareholders and Directors representing employees are not included in the calculations.

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Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 83 000 employees and sales of 19.0 billion euros in 2022, and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and innovation roadmap. 

Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices.

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