Bombardier ousted CEO Alain Bellemare in a surprise shake-up a month after the company announced the sale of its train division to Alstom
TORONTO—Bombardier Inc. has ousted CEO Alain Bellemare in a surprise shake-up one month after the company announced the sale of its train division to France’s Alstom SA.
The Montreal train and plane maker has appointed Eric Martel, former head of Hydro-Québec to replace Mr. Bellemare, who was hired in 2017 to turn around the struggling company.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bombardier CEO Alain Bellemare to leave companyBombardier Inc said late Wednesday Chief Executive Officer Alain Bellemare would...
Read more »
Bombardier CEO Alain Bellemare to step downCanada's Bombardier Inc said late Wednesday Chief Executive Officer Alain B...
Read more »
WSJ News Exclusive | Delta, American to Trim Capacity, Southwest CEO to Take Pay CutAs Southwest’s CEO described the travel downturn caused by the coronavirus outbreak as ‘a severe recession for our industry,’ Delta separately said it would offer voluntary leave for employees as it plans to park some jets.
Read more »
It Kind Of Sweet CEO Thinks He Doing Good JobSEATTLE—Admitting that the sight of him laying out his vision for the company was pretty endearing, employees at Rainier Solutions reported Monday that it was kind of sweet that CEO Greg Warner thinks he is doing a good job. “He sits there at his little desk sending out all-staff emails outlining our goals for the rest of the year, and you can tell he actually believes he’s contributing something worthwhile—it’s sort of cute,” said employee Corinne Dwyer, adding that the entire staff found it “absolutely adorable” how proud Warner was when he introduced his ideas for an ambitious social media marketing campaign earlier this month. “Yesterday, he came up with this slogan to motivate the staff, and it was obvious he really thought people were inspired by it. Sometimes I just wanna hug that lovable little empty suit.” Dwyer went on to say that it broke her heart just imagining the look on Warner’s darling face when he finds out she and most everyone else in her department are quitting.
Read more »
Airline CEO claims coronavirus ‘more serious challenge’ for industry than 9/11Airlines are cutting back on flights due to decreased travel demand from customers and businesses. Southwest Airlines CEO says this is a 'more serious challenge for the industry since 9/11,' NBC's Tom Costello reports.
Read more »