Plaisir, February 13, 2018 – Following the settlement of the tender offer initiated by Safran and targeting the shares of Zodiac Aerospace, Zodiac Aerospace’s governance was reshuffled today, in order to reflect the company’s new shareholding structure, in accordance with the provisions of the business combination agreement signed by Safran and Zodiac Aerospace on May 24, 2017.
Reshuffle of the Supervisory Board and of the Audit Committee
During a meeting held today, Zodiac Aerospace’s Supervisory Board was reshuffled as follows:
Therefore, Zodiac Aerospace’s Supervisory Board is composed of nine members as follows:
Bernard Delpit was appointed Vice-Chairman of the Supervisory Board today.
As a result of the adoption of the new Supervisory Board’s Rules of Procedure, the Compensation Committee and the Appointment Committee have been wound up.
The Audit Committee is now comprised of three members: Bernard Delpit (Chairman of the Audit Committee), Laure Hauseux and Sandrine Holler.
Composition of the Executive Board
During the same meeting held today, and following the resignation of the Executive Board members Yann Delabrière (Chairman of the Executive Board), Maurice Pinault and Didier Fontaine, the newly reshuffled Supervisory Board has appointed three new Executive Board members:
The new Executive Board members’ biographies are included in Appendix 2 of this press release.
Aircraft Interiors Expo 2018, Hamburg Germany, 10th of April 2018 - Airbus and Zodiac Aerospace
Plaisir, February 13, 2018 – Following the settlement of the tender offer initiated by Safran and