06:43:23 EDT Fri 29 Mar 2024
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Bombardier Inc (2)
Symbol BBD
Shares Issued 85,450,731
Close 2023-02-03 C$ 65.00
Market Cap C$ 5,554,297,515
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Bombardier appoints EVPs

2023-02-06 10:45 ET - News Release

Mr. Mark Masluch reports

BOMBARDIER CEO ERIC MARTEL EVOLVES LEADERSHIP TEAM STRUCTURE AS PART OF FORWARD-LOOKING GROWTH STRATEGY, BUILDING ON COMPANY MOMENTUM

Bombardier Inc. has provided an update on a leadership team evolution that will focus on carrying forward the company's positive momentum toward executing long-term growth and optimization strategies in the key areas of defence, services, continuous product improvement and next-generation manufacturing practices:

  • Jean-Christophe Gallagher appointed executive vice-president, aircraft sales and Bombardier Defense;
  • Paul Sislian appointed executive vice-president of Bombardier aftermarket services and strategy;
  • David Murray appointed executive vice-president, manufacturing, IT (information technology) and Bombardier Operational Excellence System (BOE);
  • Eric Filion joins Bombardier to the newly created role of executive vice-president, programs and supply chain;
  • Michel Ouellette will lead engineering and product development until planned retirement later in 2023 following a 33-year, successful career.

"Bombardier has successfully embarked on its journey as a company focused on its world-class business jet portfolio. As we continue to meet or exceed targets, it is the right time to thoughtfully reshape key leadership functions to ensure the solid foundation we have set fully carries our momentum well into the future," said Eric Martel, president and chief executive officer of Bombardier. "Our leadership team members are talented and have delivered on commitments time and again these past years, and this new alignment will further build upon the foundations they have successfully set for Bombardier."

As part the leadership structure evolution, the following alignments and appointments will take effect on Feb. 20, 2023, and all other existing Bombardier leadership team members will continue in their roles.

Mr. Gallagher is appointed executive vice-president, aircraft sales and Bombardier Defense. Mr. Gallagher will lead all aspects of Bombardier's growing defence business as its product offering and customer base expand. Mr. Gallagher will also oversee the talented sales team led by Peter Likoray, senior vice-president, new aircraft sales. Under Mr. Likoray's leadership, Bombardier has grown its backlog and built local roots across the world. Mr. Likoray will continue to deepen his and his team's passion for crafting unique experiences for Bombardier customers as they match their discerning needs to the company's exceptional portfolio.

Mr. Sislian is appointed executive vice-president, Bombardier aftermarket services and strategy. Having spent 15 years optimizing and leading Bombardier's business jet manufacturing facilities and processes, Mr. Sislian will now carry forward and accelerate the division's strategic growth journey that saw Bombardier inaugurate four newly built or expanded maintenance facilities around the world in 2022.

All aerostructures, assembly and completions activities will be led by Mr. Murray, who will add these responsibilities to his current mandates and is appointed to the role of executive vice-president, manufacturing, IT and Bombardier Operational Excellence System (BOE). The alignment of these three functions will enable a new focus on availing teams of next-generation digital technologies to further enhance Bombardier core processes.

Mr. Filion is appointed to the new role of executive vice-president, programs and supply chain. In this capacity, Mr. Filion will oversee all Bombardier supplier relationships and lead continuous, competitive improvement efforts for all in-production Bombardier aircraft. Mr. Filion previously held operations and program leadership positions at Bombardier, including oversight of the Challenger aircraft production facility. Most recently he served as executive vice-president, chief operating and customer experience officer for Hydro-Quebec. Mr. Filion will join Bombardier on Feb. 20, 2023.

Finally, Mr. Ouellette will lead engineering and product development as the group's executive vice-president. After a 33-year career at Bombardier that culminated in the successful certification of the Global 7500 jet and subsequent launch of the performance-leading Global 8000 flagship aircraft, Mr. Ouellette is set to retire at the end of June, 2023.

"Michel's contributions to Bombardier can certainly be enumerated at great length, and their positive and lasting impact on our people, our products and our company is simply immeasurable," said Mr. Martel. "On behalf of everyone at Bombardier whose lives Michel has touched, I want to sincerely thank him for his leadership and passion and wish him all the best in his next chapter. I also look forward to continuing collaborating in the months ahead as we press forward with exciting projects."

About Bombardier Inc.

Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world's most exceptional business jets. Bombardier's Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense's proven expertise.

Headquartered in Greater Montreal, Que., Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company's robust customer support network services the Learjet, Challenger and Global families of aircraft and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the United Arab Emirates, Singapore, China and Australia.

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