CEO Today Global Awards

CEO Today Global Awards 2020 FRANCE 43 www.ceotodaymagazine.com Identity & Security and Chairman of the Board of Directors of Safran Electronics & Defense. He subsequently served as Chairman of Safran Identity & Security from December 2014 to July 2015. On April 23, 2015, Philippe Petitcolin was appointed as a Director of Safran at the Company’s Annual General Meeting and then Chief Executive Officer by the Board of Directors on the same day. Also on April 23, 2015, he became a Board member of the Aerospace and Defence Industries Association of Europe (ASD). In July 2015, Philippe Petitcolin was appointed Vice- Chairman of GIFAS (Groupement des Industries Françaises Aéronautiques et Spatiales) and in September 2015, he was appointed as a Director of Belcan Corporation, an engineering services company. He is also a Non-Executive Director of EDF since May 2019, and of Pernod Ricard since November 2019. Firm Profile Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Safran has a global presence, with more than 95,000 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 a French-registered company, listed on NYSE Euronext Paris. Its share is part of the French stock market index, CAC 40 and of the European market index, Euro Stoxx 50. An Executive Committee representing the Group’s different businesses implement the strategic objectives defined by the Board of Directors. This governance principle guarantees a balance of power, and ensures quick responsiveness for Safran, to meet the changing requirements of its economic, financial and competitive environment. On April 23, 2015, during the Board of Directors meeting following the Annual General Meeting of Shareholders, Philippe Petitcolin was named Chief Executive Officer of Safran, and Ross McInnes was named Chairman of the Board. “ Safran has a global presence, with more than 95,000 employees and sales of 21 billion euros ”