Lynred appoints new Executive President and CEO

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Lynred, a leading global provider of high-quality infrared detectors for the aerospace, defence and commercial markets, has appointed Hervé Bouaziz as executive president and Xavier Caillouet as CEO.

Hervé Bouaziz and Xavier Caillouet bring more than 30 years of executive-level high-tech industrial expertise to Lynred. Their decades of experience in aerospace and defence at Safran and Thales, respectively, will usher a new business dynamic within the company. Their objective is to leverage together the company’s technological skills and the €85M ($93.7M) Campus industrial project to increase Lynred’s offering in state-of-the-art infrared detectors, while strengthening its global market competitiveness.

“I am proud to join Lynred,” said Hervé Bouaziz, executive president at Lynred. “I look forward to working alongside all the teams in accomplishing the company’s ambitions and furthering the growth of this French industry technological flagship.”

As a European market leader in infrared detection, Lynred has pioneered many breakthrough developments. Currently, it is leading the EU Heroic project, a consortium of 10 European partners developing next-generation devices for defence and security. It is also designing infrared detectors for imaging satellite instruments for several European Earth observation missions, such as LSTM. Among other projects, the company is collaborating with partners to help car makers improve the reliability of collision prevention systems by detecting pedestrians or obstacles in adverse visibility conditions, particularly at night.

“It is an honour to join Lynred and to be able to contribute to this great industrial adventure,” added Xavier Caillouet, CEO at Lynred.

Hervé Bouaziz has 30 years’ aerospace, defense and security experience. He joins Lynred from Europrop International, where he served as CEO for four years. Previously, he worked for a decade at Safran where he held several executive and strategic roles in electronics and defence, including his appointment in 2013 as executive VP for strategy and M&A at Safran Electronics and Defense, and in 2016 as VP for military engines programs at Safran Aircraft Engines.

Xavier Caillouet comes to Lynred following a 30-year career in international roles within various Thales divisions. Recently, he was VP of Radiology at Thales and CEO of Trixell, a position he held for five years. Between 2013 and 2018, he served as VP of operations in airlines support for Thales Avionics, where he oversaw operations in four countries, including the US and China.