Bombardier Removes CEO After Trains, Planes Divisions Sold Off
March 12, 2020
Bombardier has removed its chief executive Alain Bellemare, who oversaw the Canadian manufacturing behemoth’s sell-off of its trains and commercial aviation divisions in a painful restructuring.
In his place, the Montreal-based company has hired back the former head of its business jet division Eric Martel.
The announcement comes less than a month after Bombardier sold its trains division to France’s Alstom and a remaining stake in its C Series medium-range passenger jetliner program to Airbus, which rebranded it the A220.