Bombardier shakes up business jet unit: Coleal takes over
Montreal - Montreal-based Bombardier Inc. announced Monday that David Coleal will take over as president of Bombardier Business Aircraft effective June 15, 2015.
May 20, 2015 By The Canadian Press
Bombardier president and CEO Alain Bellemare says Coleal will succeed Eric Martel, who is leaving the company after 13 years to pursue other career opportunities.
Before joining Bombardier in 2008, Coleal was president and chief operating officer of Cirrus Design Corporation, and has held management positions at McKinsey and Company, Caterpillar and New United Motor Manufacturing.
Bombardier — a manufacturer of planes and trains — also announced Monday that it has hired procurement expert Jean-Paul Pellissier as a special adviser to conduct an extensive review of its supply chain.
Last week, Bombardier announced that it was cutting 1,750 employees in Montreal, Toronto and Ireland over the coming months — a move expected to save about U$135 million a year.
Up to 1,000 of the lost jobs will be in Montreal, where Bombardier has its main operations, while 480 positions are on the chopping block in Toronto and another 280 in Belfast.
The cuts will begin in June and continue until the first quarter of 2016, said the company, which employs more than 70,000 people, about half in its aerospace division.