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Bombardier Inc CEO Pierre Beaudoin steps down as plane maker takes $1.4 billion charge on Learjet
Bombardier Inc named a former United Technologies Corp executive as CEO, and reported a quarterly loss due to a $1.4 billion charge related to its decision to suspend its Learjet 85 business aircraft program. The Canadian plane and train manufacturer said Alain Bellemare would replace Pierre Beaudoin, who is stepping down as president and chief executive officer. (business.financialpost.com) Plus d'info...
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Thanks for the post - rumors continue that Textron and Embraer have been in talks with Bombardier to purchase the Learjet brand .... to be continued
http://www.bombardier.com/en/media-centre/newsList/details.bombardier-inc-20150212bombardierq42014financialresults.bombardiercom.html
Stepping down with bonus and parachute?
Bombardier is a family run business - he is stepping down but not leaving - has been with the company long before they made airplanes!!, he started in 1963 - and his father-in-law was Joseph Armand Bombardier!!!
I think you might be mixed up with Pierre Beaudoin and Laurent Beaudoin.
http://en.wikipedia.org/wiki/Laurent_Beaudoin
http://en.wikipedia.org/wiki/Laurent_Beaudoin
No doubt....nearly all of these guys are silver spooners.
