After more than thirty years with the group, it will be with a sense of accomplishment that the CEO of Safran will hand over the reins on this coming 23rd April. During the presentation of their annual results on 25th February, Safran announced that last year it had registered an increased turnover of 7% compared to 2013.
Following a Board of Directors’ meeting held on Friday, 5th December, Safran SA said it would split the roles of CEO and chairman after the current Chairman and CEO Jean-Paul Herteman retires next year. Having reached the age limit (he will be 65 next year), his term will expire after the General Meeting scheduled for April 23rd 2015. The dual management roles of Safran will be taken over by Philippe Petitcolin as CEO, and Ross McInnes as Chairman of the Board of Directors.
On September 10th., the foundation stone of the future Safran, Toulouse site was laid. Within the next 14 months, the building with a white rendered and aluminum external façade, will house 25,000 m2 ( 270,000 sq. ft. ) of office space. The future premises have been designed as a window on the Safran group, the second largest aviation employer, after Airbus, in the region.
?To improve product design, manufacturing procedures, and controls, new technological tools are emerging, such as here on the premises of the engine manufacturer Snecma (Safran Group), in the Paris suburbs. Touchpads, robots, electronic wrenches, we took a quick look at the innovations in this part of the aviation industry...