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Demosky becomes Bombardier CFO

Bart Demosky has been appointed as Executive Vice President and Chief Financial Officer of Bombardier Inc., effective immediately, replacing John Di Bert who is leaving the Montreal-headquartered company.

“Bart’s deep knowledge and expertise in all aspects of corporate finance will serve us well as we complete our strategic repositioning to a leaner, more focused company,” said Eric Martel, CEO, Bombardier. “I’m confident that Bart will provide strong leadership as we manage through the current economic challenges and continue to position Bombardier for the future.”

Demosky’s previous leadership roles include serving as the President and Chief Executive Officer of Universal Rail Systems Inc., Executive Vice President and Chief Financial Officer for Canadian Pacific Railway, and Chief Financial Officer for Suncor Energy. He holds a Bachelor’s degree in Economics from the University of Calgary and is an Honours graduate from the University of Calgary’s Management Development Program.

“As we welcome Bart to the Bombardier team, I also want to acknowledge and thank John Di Bert for his many contributions to Bombardier,” Martel added. “We wish John continued success in all his future endeavours.”