MONTREAL, QUEBEC -- (Marketwire) -- 03/12/13 -- (TSX: BBD.A)(TSX: BBD.B) - Bombardier today announced the appointment of Lutz Bertling as President and Chief Operating Officer of Berlin-based Bombardier Transportation, effective June 3, 2013. Prior to joining Bombardier, Mr. Bertling was President and Chief Executive Officer of Eurocopter Group, a subsidiary of EADS. Mr. Bertling replaces Mr. Andre Navarri, who will remain as Strategic Advisor to the President and Chief Executive Officer until June 1, 2014 at which time he will retire from the organization.
"I am extremely pleased to welcome Lutz Bertling, a leader with a proven track record of managing complexity in organizations with global workforces. His wealth of experience and achievements in the transportation and defence industries will reinforce Bombardier Transportation's leadership position," said Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc. "Lutz is a seasoned executive who has the talent and drive to meet our present and future challenges."
"Andre has been an instrumental part of Bombardier Transportation's transformation. His leadership and stewardship have helped us shape the evolution of mobility and turned Bombardier Transportation into an acknowledged global leader in rail technology. I look forward to continue working with him on specific mandates up until his retirement," concluded Mr. Beaudoin.
Mr. Bertling held several functions with increasing responsibility at Adtranz, DaimlerChrysler Rail Systems GmbH between 1993 and 1999. Afterwards, he joined EADS' Military Aircraft Business Unit as Vice President Augsburg Plant and Aerostructure Programs in 1999. He eventually moved to Eurocopter Group in 2003 as Executive Vice President Governmental Helicopters, was promoted Chief Executive Officer of Eurocopter Deutschland in 2006, only to be appointed President and Chief Executive Officer of Eurocopter Group a few months later. During his tenure, he successfully managed an international group with subsidiaries in more than 20 countries, nearly doubling its revenues to $8.3 billion in 2012.
Mr. Bertling studied Mechanical Engineering at the Technical University of Braunschweig, earning a Doctorate in 1992. He is also Chevalier de l'Ordre National de la Legion d'Honneur of the Republic of France.
Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America indexes. In the fiscal year ended December 31, 2012, we posted revenues of $16.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.
+514 861 9481
Senior Director, Investor Relations
+514 861 9481
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here