Appointment Becomes Effective June 1, 2011

Stéphane Mayer (pictured) has been named as president & CEO of Daher-Socata effective June 1, 2011. He will replace François Lépinoy, who is to become President of the executive board for the Air Caraïbes Group.

Mayer joined the Daher Group in September 2010 as the CEO of DAHER-SOCATA. Working with Lépinoy, he contributed to the management and the development of Daher-Socata, which is an aircraft manufacturer and Tier-1 producer of aerostructures and integrated equipment, as well as a services supplier for the aerospace industry.

In his new position, Mayer will retain the existing CEO duties, while also assuming additional responsibilities as president of Daher-Socata. Mayer graduated from France’s Ecole Polytechnique engineering school in 1984, and has additional qualifications from ENSAE (Ecole Nationale de la Statistique et de l'Administration Economique) and the Institut d'Etudes Politiques de Paris. He began his career in external auditing.

In 1992, Mayer joined Lagardère Group, where he became from 1997 the Senior Vice President of Spare Parts and CFO at Matra Automobile, later becoming a member of its executive board. Mayer served as the CEO of EADS SOCATA from 2003 to 2007, followed by his role as CEO of ATR, the European manufacturer of regional turboprop airliners, from 2007 to 2010.

Mayer has been an active private pilot for 20 years, and is rated on Daher-Socata’s TBM 850 very fast turboprop aircraft.

FMI: www.daher.com