VAR500 2010: 25 Top Executives

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7. Safran

Jean-Paul Herteman

2009 Revenue: $14.8 billion

Safran intimated during last year’s earnings call that 2010 would be challenging. For the first quarter of 2010, revenue totaled 2.4 billion euros ($3.2 billion), down 2.5 percent vs. a year ago. The company is in the aerospace industry, based in France with U.S. headquarters in Albuquerque, N.M. “As expected, the aerospace market remained volatile in the first three months of the year. However, we believe that improvements are definitely on the horizon,” said CEO Jean-Paul Herteman.

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