Latecoere is moving to a new organization to increase the focus on customers, plants and suppliers, structured around four Operating Units, Global & Support Functions. The Operating Units will have end-to-end responsibility for delivering on customers? needs ?

including P&L responsibility: Aerostructures Americas led by Stéphane Molinier will rundetailed parts, composite and assembly sites in Hermosillo, Mexico, as well as two sites in Canada (Burlington, Delta) and Brazil site in Jacarei; Aerostructures Europe led by Wolfgang Konrad will run sites doing a mix of detailed complex parts, composite and assembly in Europe ? Gimont (France), Montredon (France), Plovdiv (Bulgaria), Prague (Czech Republic) and central operations at Toulouse-Périole (France); Interconnection Systems led by Samuel Begué focused on EWIS harnesses and avionics racks with sites in France (Labège, Liposthey and Vendargues), India (Belagavi), Morocco (Casablanca), Tunisia (Fouchana) and Mexico (Hermosillo); Special Products & Services (SPS) focused on high value add Aerostructures & Interconnection customer services as well as specialized and complex technology solutions (MADES, TAC and Advanced Wireless and Video Systems). Latecoere has unrivalled industrial and technical know-how across aerostructures, doors, complex parts, harness and racks deep in global technical function teams. These functions which are at the heart of business and working on the aerospace solutions for the future will now form part of the executive committee to ensure they are fully synchronized with the Operational Units: 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.

The support functions play a critical role in making sure can operate effectively and efficiently as a group. In particular are strengthening focus on operational finance and investing in state-of-the-art digital & data solutions to both help 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.

Latecoere now has over 6000 employees across 14 countries working day in and day out to produce what customers need, on-time, on-quality. Having now emerged from the depths of COVID and challenges resulting from the historic drop in production levels, 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 need to shift team culture, building on legacy Latecoere strengths but also recognizing need a new mindset to be successful in this environment. 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: Jean-Luc Vincent Franc has joined as Chief Digital & Information Officer. Jean-Luc brings a wealth of aerospace and digitalisation experience having worked at Airbus on operations and IT including building the Skywise program. Cecilia Mattson will be joining in early 2024 and Chief Transformation Officer.

Cecilia has deep aerospace transformation experience having worked at Alix Partners and most recently at Airbus on ATR transformation and major M&A projects. Francois Okon will be joining in November 2023 as Chief Operational Excellence Officer. Francois has 30 years of experience in lean manufacturing which will help drive better operational performance and to maximise efficiencies.

Wolfgang Konradjoins as Aerostructures Europe Chief Operating Officer. Wolfgang brings deep aerospace, and automotive experience having worked at MTU Aerospace, General Electric, Oerlikon, Siemens & BMW.