Latecoere Announces Its New Leadership Team to Focus on Customer Ramp-Up Led Growth, Operational Excellence and Drive Profitability - Seite 2

• Sales & Programs – led by David Oliveira
• Operational Excellence & Quality – led by Francois Okon
• Engineering – led by Thierry Eftymiades
• Purchasing – led by Jérome Ouziel
• Transformation – led by Cecilia Mattson
• Innovation – led by Serge Bérenger

“Having been at this company for over 30 years, I am excited to say this will be the first time we elevate this level of technical expertise to the group executive committee and also ensure we get the full benefit of our technical knowledge across the different teams and sites,” said Thierry Eftymiades.

Our support functions play a critical role in making sure we can operate effectively and efficiently as a group. In particular we are strengthening our focus on operational finance and investing in state-of-the-art digital & data solutions to both help our teams on the frontline with better tools and automation while also driving efficiencies:

• Finance & M&A – led by Gary Cleaver
• HR & Communication – led by Hervé Blanchard
• IT & Data – led by Jean-Luc Vincent Franc
• Legal & Compliance – led by Mathieu von Websky

Cultural shift

Latecoere now has over 6000 employees across 14 countries working day in and day out to produce what our customers need, on-time, on-quality. Having now emerged from the depths of COVID and challenges resulting from the historic drop in production levels, we are now focused on robust operational ramp-up for growth on the back of 40% growth in 2022 and 40% growth in H1 2023 – with further growth required given the robust aircraft order book to be delivered. To achieve this we need to shift our team culture, building on our legacy Latecoere strengths but also recognizing we need a new mindset to be successful in this environment.

Given this we are putting much greater emphasis on driving ruthless focus on what matters for our customers – fewer & clearer priorities, a “First-Time-Right” mindset which is critical for quality and operational excellence and driving better teaming-up for impact across sites & functions.

New joiners to the Leadership Team

The Executive Committee builds on a mix of company leaders with deep Latecoere experience (100 years across the team) and new talent with deep industry experience (primarily across aerospace and automotive sectors).

A full set of Latecoere leadership team profiles are below. To highlight recent new joiners to the team:

- Gary Cleaver joins as Chief Financial Officer. Gary brings an excellent track record as a highly operational industrial CFO (from his time at Ideal Standard). He also brings deep finance function knowledge (20 years at PWC and Arthur Andersen) and a private equity transformation mindset (7 years at Core Equity Holdings)