Cdric Goubet Named New CFM International Executive Vice President

October 3, 2011

CFM International today announced that Cdric Goubet has assumed the role of executive vice president, replacing Olivier Savin, who had served in this position since October 2007.

As part of the CFM Executive Team, Mr. Goubet is responsible for overseeing programs carried out by CFM. Along with his counterpart at GE, he also serves as the primary interface between Snecma and GE.

Mr. Goubet joined Safran in September 2010 as deputy to the Chief Operating Officer. In this role, he helped manage the activities of the various companies of Safran group, including Snecma.

Prior to joining Safran group, Mr. Goubet worked as civil servant for the French Ministries of the Interior and Economy, Industry and Finance. He served as a representative of the State in several local areas, where he participated in policy implementation that targeted industrial investment and job creation. He later joined the auditing department of the Treasury and led several missions, including one focused on supporting industry innovation.

In 2004, Mr. Goubet was appointed adviser to the Ministers of Interior and Economy. During his tenure, his efforts were focused on city and country planning and industrial and innovation policy.

In May 2007, he was named chief of staff of the French President, Nicolas Sarkozy, a position he held until joining the Safran group.

Mr. Goubet was graduated from the IEP (L'Institut d'tudes Politiques) de Paris with a degree in political science and from Paris Dauphine University, with a master's degree in International Economics. He also completed studies at the prestigious ENA (cole Nationale d'Administration), which recruits and provides initial training for senior French officials.

CFM International (CFM), the 50/50 joint company between Snecma (Safran group, France) and GE, is headquartered in West Chester, Ohio, near Cincinnati. CFM has delivered a total of 22,500 CFM56 engines to date, making it one of the most successful aircraft engine suppliers in history. The two parent companies have extended the 37-year-old partnership agreement to the year 2040.

Jamie Jewell

+1 513.885.2282

Charles Soret

+33 (0)

Perry Bradley

+1 513 375 2597

Talal Ahmed Almahmood

+973 173 3819