Bombardier shuffles executive deck as CSeries order is now in doubt
Montreal - Bombardier Inc. is bringing in a new leader for its commercial aircraft business and another chief financial officer as the planemaker faces fresh doubts about one of the largest orders for its troubled CSeries jetliner.
April 14, 2015 By Bloomberg News
Fred Cromer becomes president of Bombardier Commercial Aircraft effective immediately as Mike Arcamone departs, the company said Thursday, and a search is under way for a new CFO as Pierre Alary retires. Alary will stay on the job until his replacement is hired.
The moves will let new Chief Executive Officer Alain Bellemare put his stamp on Bombardier after Pierre Beaudoin stepped aside in February amid slow sales and delays on the flagship CSeries model. Cromer comes to the job after serving as president of International Lease Finance Corp., the jet-leasing company now owned by AerCap Holdings NV. | READ MORE