Bombardier's Executive Chairman Makes Statement Declining Compensation Increase for 2016
(Thomson Reuters ONE) -
Bombardier Inc. /
Bombardier's Executive Chairman Makes Statement Declining Compensation Increase
for 2016
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The issuer is solely responsible for the content of this announcement.
MONTREAL, QUEBEC--(Marketwired - Mar 31, 2017) -
(TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) - Today, Bombardier announced that Mr.
Pierre Beaudoin, Bombardier's Executive Chairman, has requested that the
Bombardier Board of Directors reset his compensation for 2016 to bring it back
to its 2015 level.
"After listening to the recent public debate about the compensation of senior
executives at Bombardier, I have asked the Board of Directors to reset my 2016
compensation, reducing it to the 2015 level. Bombardier is a proud Canadian
company, with a storied history that began in Quebec and has spread around the
world as our business has expanded. The trust and confidence of our people and
our governments are extremely important to the company, and to me. It is clear
that this situation has become a distraction to the important work done by our
employees and senior management to return this great company to growth. I take
this step to put the focus back on what matters - the transformation of
Bombardier into the most competitive plane and train manufacturer in the world."
- Pierre Beaudoin, Executive Chairman, Bombardier
The company will file a supplement to its 2017 Management Proxy Circular next
week to reflect the change to Mr. Beaudoin's 2016 compensation.
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
North America Index. In the fiscal year ended December 31, 2016, we posted
revenues of $16.3 billion. News and information are available at bombardier.com
or follow us on Twitter (at)Bombardier.
Bombardier is a trademark of Bombardier Inc.
Simon Letendre
Senior Advisor, Media Relations and Public Affairs
Bombardier Inc.
+514 861 9481
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Bombardier Inc. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 03.04.2017 - 00:23 Uhr
Sprache: Deutsch
News-ID 533924
Anzahl Zeichen: 3094
contact information:
Town:
West Montreal, QC
Kategorie:
Business News
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