Safran's board of directors appointed Olivier Andriès chief executive officer of Safran as of January 1, 2021. The Board of Directors also co-opted (appointment) Olivier Andriès as director, as of January 1, 2021, on the position made available by Philippe Petitcolin; the latter, in accordance with his commitment, having made his mandate available to the Board of Directors to allow the co-option of his successor. The Board of Directors recognises the performance of Philippe Petitcolin during his long career within the Group, and more particularly his strong contribution in his role as Chief Executive Officer of Safran in this very unusual year 2020 and over the past five years.