Bombardier replaces head of transportation division with internal executive

MONTREAL -- The executive overhaul at Bombardier has resulted in the replacement of the head of its Berlin-based transportation division.

See Full Article

The Montreal-based aerospace and railway manufacturer announced Wednesday that Lutz Bertling, 53, has resigned after more than two years to pursue other career opportunities. Bertling oversaw the streamlining of operations by reducing layers of managers.

He is being replaced immediately by Laurent Troger, who has been with Bombardier for 11 years and was recently promoted to chief operating officer.

Troger, 52, previously worked for 15 years at Alstom Transport and prior to that at Sagem as a telecoms engineer.

"As we accelerate our transformation, Laurent has both the leadership and the experience to deliver on our commitments to customers, while increasing profitability at transportation," said Bombardier president and CEO Alain Bellemare.

Since taking the helm of Bombardier earlier this year, Bellemare has made a string of executive changes in the company's aerospace division.

Bombardier (TSX:BBD.B) is awaiting certification from Transport Canada for its CSeries commercial jet that is set to enter into service by mid-2016.



Advertisements

Latest Economic News

  • Ontario ministry searches Volkswagen offices in emissions scandal

    Economic CBC News
    The Ontario government executed a search warrant at the Volkswagen Canada offices on Tuesday as part of its investigation into the emissions scandal that rocked the company two years ago. The Ministry of the Environment and Climate Change charged Volkswagen AG with one count under the province's Environmental Protection Act last week. Source
  • What you need to know about the proposed small business tax changes

    Economic CTV News
    The federal government has been defending its proposed small business tax changes despite opposition from many of those who will be affected. Finance Minister Bill Morneau and Prime Minster Justin Trudeau have stood firm on the controversial plan, saying the tax changes are about making the system fair, rather than generating revenue for the government. Source
  • U.S. Fed announces a start to modestly reducing its bond holdings

    Economic CTV News
    WASHINGTON -- U.S. The Federal Reserve will begin shrinking the enormous portfolio of bonds it amassed after the 2008 financial crisis to try to sustain a frail economy. The move reflects a strengthened economy and could mean higher rates on mortgages and other loans over time. Source
  • Magna International suspends supply of parts to CAMI

    Economic CBC News
    Canadian autoparts giant Magna International announced Sunday that it has suspended the supply of parts to the CAMI auto plant in Ingersoll due to an ongoing strike at the facility. (Stacey Janzer/CBC) Autoparts maker Magna International announced Wednesday that it has suspended the supply of parts to CAMI, the Ingersoll auto manufacturing plant that's been crippled by a labour dispute. Source
  • Bombardier workers in Toronto walk out over Boeing dispute

    Economic Toronto Sun
    The union representing Bombardier’s production workers says employees at the company’s aerospace plant in Toronto will walk out Wednesday — a move meant to pressure Boeing to drop a trade complaint against Bombardier. Unifor national president Jerry Dias said in a statement that the rally is intended to give workers a voice during the ongoing dispute between the two companies. Source
  • Bombardier workers in Toronto to walk out over Boeing dispute

    Economic Toronto Sun
    The union representing Bombardier’s production workers says employees at the company’s aerospace plant in Toronto will walk out Wednesday — a move meant to pressure Boeing to drop a trade complaint against Bombardier. Unifor national president Jerry Dias said in a statement that the rally is intended to give workers a voice during the ongoing dispute between the two companies. Source
  • U.S. delays decision on Bombardier CSeries preliminary duties

    Economic CTV News
    MONTREAL - A U.S. Department of Commerce spokesman says the government will announce its decision on Boeing's request for preliminary duties against Bombardier's CSeries on Tuesday, a day later than it previously indicated. Industry analysts and the Montreal-based company expect preliminary countervailing duties will be imposed on aircraft deliveries to the United States. Source
  • Toys 'R' Us Canada granted creditor protection after U.S. parent begins bankruptcy proceedings

    Economic CTV News
    Toys "R" Us Canada says the struggles of the wider toy chain have been impacting its strong Canadian business. The toy retailer's Canadian subsidiary was granted creditor protection in the Ontario Superior Court on Tuesday, one day after Toys "R" Us started bankruptcy proceedings south of the border. Source
  • Toys 'R' Us Canada granted creditor protection

    Economic CTV News
    Toys "R" Us Canada says the struggles of the wider toy chain have been impacting its strong Canadian business. The toy retailer's Canadian subsidiary was granted creditor protection in the Ontario Superior Court on Tuesday, one day after Toys "R" Us started bankruptcy proceedings south of the border. Source
  • Ontario government executes search warrant at Volkswagen offices

    Economic Toronto Sun
    The Ontario government executed a search warrant at the Volkswagen Canada offices on Tuesday as part of its investigation into the emissions scandal that rocked the company two years ago. The Ministry of the Environment and Climate Change charged Volkswagen AG with one count under the province’s Environmental Protection Act last week. Source