Alstom’s New CEO: Rail Industry Leadership & Future Growth

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Introduction

Alstom Group announced the appointment of Martin Sion as the new CEO, effective 1 April 2026. This decision follows the recommendation of the Company’s Nominations and Remuneration Committee.

CEO Appointment and Transition

Martin Sion will succeed Henri Poupart-Lafarge, who announced in May his decision not to seek another term as CEO of Alstom. Poupart-Lafarge has served as Chief Executive Officer since February 2016.

“The Board has conducted an extensive search process over the last few months, and we believe that Martin Sion has the necessary experience to lead Alstom. We look forward to welcoming him in April 2026. Until then, Henri Poupart-Lafarge will continue in his role, thus ensuring a smooth transition,” said Philippe Petitcolin, Chairman of Alstom’s Board of Directors.

Professional Background

From 2010 to 2013, Martin Sion headed the company’s Space Engines division. He then joined Aircelle (now Safran Nacelles) in 2013 as CEO, and in 2015, he was appointed Chairman of Safran Electronics & Defense. Martin Sion has been a member of ArianeGroup’s Board of Directors since 2020 and became the company’s CEO in 2023.

Remuneration Details

At a meeting on October 8th, 2025, the Board of Directors of Alstom decided on the elements of Martin Sion’s remuneration for his duties, based on the recommendation of the Nominations and Remuneration Committee. For the financial year 2026/27, the Chief Executive Officer shall receive a gross annual fixed remuneration of more than EUR 1 million, paid in twelve equal monthly instalments.

The annual variable remuneration of the Chief Executive Officer may amount to 100% of the gross annual fixed remuneration for the financial year, conditional on the achievement of specific performance criteria at target. In the event of overperformance, this remuneration may reach up to 185% of the gross annual fixed remuneration.

The performance criteria shall be established by the Board of Directors at a future date.

Regarding long-term variable remuneration, the CEO is eligible to participate in long-term incentive plans that the company may implement. For each financial year, an award with a target value of EUR 1.2 million shall be granted, converted into performance shares at the time of grant.

The final number of vested shares shall depend on the achievement of the relevant performance conditions and may, at maximum, represent 150% of the granted shares at target, without exceeding 2.5% of the overall amount authorized by the General Meeting for performance share awards within the Group, and 10% of the total allocation under the plan in question.

Conclusion

Martin Sion will assume the CEO position at Alstom on April 1, 2026, succeeding Henri Poupart-Lafarge. The new CEO’s remuneration package includes a fixed annual salary exceeding EUR 1 million and potential variable remuneration dependent on performance. He is also eligible for long-term incentive plans with a target value of EUR 1.2 million per year.

Company Summary

Alstom Group: The company is a global leader in the transportation sector, providing a wide range of products and services.

Aircelle (now Safran Nacelles): This company was headed by Martin Sion in 2013.

Safran Electronics & Defense: Martin Sion was appointed Chairman in 2015.

ArianeGroup: Martin Sion has been a member of ArianeGroup’s Board of Directors since 2020 and became the company’s CEO in 2023.

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