Olivier Savin Named New CFM International Executive Vice President

October 17, 2007

EVENDALE, Ohio October 17, 2007 Olivier Savin has been named Executive Vice President of CFM International, replacing Franois Planaud, who has been appointed Vice President & General Manager of Snecma's Commercial Engine Division.

CFM International is a 50/50 joint company between Snecma (Safran Group) and General Electric Company.

As part of the CFM Executive Team, Mr. Savin serves as the primary interface between Snecma and General Electric. Along with his counterpart at GE, he is responsible for overseeing CFM56 program management, marketing and sales, communications, and after-sales support.

Mr. Savin, 40, holds a Master of Business Administration degree in Management & Finance and is a graduate of a French business school. He has held a variety of positions since joining Safran Group in 1992. He began his career at Messier-Bugatti as financial & controlling manager. In 1994, he became military spare parts sales director for that company before becoming maintenance, repair, and overhaul marketing director and joint venture manager for Messier Services in 1997.

In 1998, he joined Snecma Services, where he was named general manager of Snecma Morocco Engine Services. In 2002, he became the general manager for Snecma Services Repair for military engines and CFM56 modules and parts. Mr. Savin was name to his most recent position, vice president of the Snecma Services component repair business unit, in 2006.

Mr. Savin is married with three children.

Jamie Jewell

+1 513.885.2282


Charles Soret

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Perry Bradley

+1 513 375 2597


Talal Ahmed Almahmood

+973 173 3819