PRZOOM - /newswire/ -
Paris, France, 2012/12/10 - Effective December 1st, Safran appointed Alex Fain as Vice President, Audit and Internal Control. He replaces Bertrand Delahaye, who was named Safran Vice President, Modernization Initiative, on October 15 - Safran-Group.com. PAR: SAF | SAFRAN
Alex Fain, 58, graduated from the Ecoles des Mines engineering school in Nancy (1974). He held various positions with Renault SA, then moved to Renault Trucks & Buses, subsequently being named head of financial services at this company. He then joined the Safran group as Vice President, Finance at Hispano-Suiza, before moving to Snecma Services, where he was appointed Executive Vice President in 2002. In 2006 he was named Vice President Finance, General Counsel and Secretary of Snecma, then joined Morpho in 2010 as Executive Vice President.
Bertrand Delahaye, 57, graduated from the Sup’Aéro aeronautical engineering school (1977) and holds a master’s in economic science from the University of Toulouse. He joined Snecma in 1978 and has spent his entire career with the company. He started as an engineer, then held a series of production management positions at the Corbeil plant, before being named head of management control. In 2005 he was named Vice President, Purchasing, then Vice President, Quality several years later. In January 2009, he joined Safran as head the Group’s Audit and Internal Control department.
Safran (safran-group.com) is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has close to 60,000 employees and generated sales of 11.7 billion euros in 2011. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.3 billion euros in 2011. Safran is listed on NYSE Euronext Paris and is part of the CAC40 index.
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