Bombardier Unveils New Organizational Structure

Bombardier has restructured the organization so that it now comprises of four business segments:

- Bombardier Transportation
- Bombardier Business Aircraft
- Bombardier Commercial Aircraft
- Bombardier Aerostructures and Engineering Services

Effective immediately, all four business segments will report directly to Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc.

The heads of the business segments remain Lutz Bertling at Transportation, Eric Martel at Business Aircraft and Mike Arcamone at Commercial Aircraft.

The head of the new Aerostructures and Engineering Services business segment is expected to be appointed in the next few weeks.

Bombardier Aerospace group functions and the Customer Services division will be absorbed into the three aerospace business segments, generating reductions in cost and overhead.

“This marks another step in Bombardier’s evolution,” said Pierre Beaudoin. “Combined with the implementation of OneBT, the recent Bombardier Transportation reorganization, the new Aerospace organizational structure will enable us to be more agile and flexible in addressing customer needs, while increasing our focus on growth areas. The creation of the Aerostructures and Engineering Services business segment will also help us market our expertise in this field to the aerospace industry, thus generating new revenues. We are setting the stage to take full advantage of our investments and the tremendous growth potential of our new products.”

The new Aerostructures and Engineering Services business segment will specialize in the design and development of complex advanced composite and metallic aerostructures in all classes of civil aircraft and all categories of structure, including fuselages, wings and engine nacelles.

As a result of this reorganization, Bombardier Aerospace President and Chief Operating Officer, Guy Hachey, is retiring.

“Guy led Bombardier Aerospace during an important period in its history. I wish to thank him for his contributions over the past six years,” said Mr. Beaudoin.

A detailed implementation plan is expected to be developed over the next few months, and the new structure will be in place 1 January 2015.