Bombardier Announces Management Changes
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Bombardier Announces Management Changes
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MONTREAL, QUEBEC--(Marketwired - Apr 9, 2015) - Alain Bellemare, President and
Chief Executive Officer, Bombardier Inc. (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF),
announced today that he is bringing in new talent to reinforce the company's
management team. These changes will instill a fresh perspective at Bombardier,
driving execution, alignment and intensity across the entire company.
Pierre Alary will retire as Senior Vice President and Chief Financial Officer,
Bombardier Inc. In order to ensure a smooth transition, he will remain in his
position until an international search for his successor has been completed.
Mr. Bellemare also announced that Fred Cromer is appointed President, Bombardier
Commercial Aircraft, effective immediately. Mr. Cromer will be joining his team
in Mirabel in the coming weeks. He is replacing Mike Arcamone, who is leaving
the company to pursue other interests. During Mr. Arcamone's mandate, the
CSeries development program achieved key milestones towards its entry into
service and Bombardier wishes to thank him for his contribution to the company.
"Fred is an amazing addition to our team", said Alain Bellemare. "Throughout his
impressive career, he has led businesses with enterprise values of $500 million
to over $30 billion and developed an unparalleled network of contacts in the
airline industry. Most recently, as President of International Lease Finance
Corporation (ILFC), Fred expanded international operations to support key growth
regions. His strong leadership skills, international network and deep
understanding of the aviation industry are a perfect match for Bombardier
Commercial Aircraft, as we are preparing to realize the true market potential of
our new CSeries aircraft, while refocusing on our Q400 and CRJ programs,"
emphasized Mr. Bellemare.
With more than 23 years of experience in aviation, Fred Cromer spent six years
at ILFC as President and previously as Senior Vice President Finance and Chief
Financial Officer. Earlier in his career, he held various executive positions in
the airline industry, such as Chief Financial Officer, ExpressJet, Vice
President and Chief Financial Officer, Continental Express, Vice President Fleet
Planning, Continental Airlines and Director of Fleet Planning, Northwest
Airlines. He holds a Bachelor in Economics from the University of Michigan and
an MBA in Finance from DePaul University in Chicago.
In addition, Bombardier is welcoming Plane View Partners and its Chairman, Henri
Courpron, as strategic advisors. Mr. Courpron is a former Chief Executive
Officer of ILFC who also served for 20 years at Airbus in a number of management
positions, including President and Chief Executive Officer of Airbus, North
America. His team's mandate consists of conducting an extensive review of
Bombardier Commercial Aircraft's operations, with the objective of improving its
overall performance.
Plane View Partners has a diverse team of senior executives in aviation, with an
extensive knowledge of the fields most directly relevant to Bombardier
Commercial Aircraft's challenges, such as airplane deal making, marketing and
communications, contract management, airline operations, training and
recruiting.
"Having Fred and Henri on board gives us a strategic edge like we've never had
before. We are really paving the way to strengthen our existing commercial
programs and to make the CSeries aircraft a phenomenal success", concluded Mr.
Bellemare.
About Bombardier
Bombardier is the world's leading manufacturer of both planes and trains.
Looking far ahead while delivering today, Bombardier is evolving mobility
worldwide by answering the call for more efficient, sustainable and enjoyable
transportation everywhere. Our vehicles, services and, most of all, our
employees are what make us a global leader in transportation.
Bombardier is headquartered in Montréal, Canada. Our shares are traded on the
Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability
World and North America Indices. In the fiscal year ended December 31, 2014, we
posted revenues of $20.1 billion. News and information are available at
bombardier.com or follow us on Twitter (at)Bombardier.
Bombardier, CRJ, CSeries, Q400 and The Evolution of Mobility are trademarks of
Bombardier Inc. or its subsidiaries.
CONTACT INFORMATION
Isabelle Rondeau
Director, Communications
Bombardier Inc.
+514 861 9481
Shirley Chenier
Senior Director, Investor Relations
Bombardier Inc.
+514 861 9481
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Source: Bombardier Inc. via GlobeNewswire
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Unternehmensinformation / Kurzprofil:
Datum: 09.04.2015 - 16:08 Uhr
Sprache: Deutsch
News-ID 384710
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