New CEO for Safran

Olivier Andriès has been named Executive Vice President, effective September 10, 2020. He is a member of the Group’s Executive Committee.As initially announced, Olivier Andriès will succeed Philippe Petitcolin as Chief Executive Officer of Safran on January 1, 2021.

Olivier Andriès joined the Treasury department at the French Ministry of Finance in 1990, where he oversaw aerospace and defense companies. In 1993, he joined the cabinet of the Minister of the Economy and Finance, as advisor on industrial affairs. In 1995 he moved to the Lagardère group as Deputy Director of Strategy, and was named personal advisor to Jean-Luc Lagardère in 1998. Olivier Andriès joined Airbus in 2000, in charge of Widebody Aircraft Programs. He was appointed to the Executive Committee in 2005 as Executive Vice President, Strategy. He joined Safran in 2008 as Executive Vice President, Strategy and Development. He was subsequently named Executive Vice President, in charge of the Defense and Security branch, and a member of the Management Board, in 2009. In 2011, Olivier Andriès was named Chief Executive Officer of Turbomeca (now Safran Helicopter Engines). In 2015 he was appointed Chief Executive Officer of Safran Aircraft Engines.

Olivier Andriès, 58, holds degrees from Ecole Polytechnique (1981) and Ecole des Mines de Paris (1984).–shp/mgm