NEWS: Bombardier CEO Fired - Alain Bellemare Replaced by Returning Eric Martel
Éric Martel moves from Hydro-Québec to Bombardier
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March 11, 2020 - by TOMMY CHOUINARD for lapresse.ca
(Quebec) Major reign for two Quebec institutions: Éric Martel leaves the presidency of Hydro-Quebec to take the place of Alain Bellemare at the head of Bombardier, learned La Presse .
For Éric Martel, it will be a return to Bombardier, where he was notably president of the business aircraft division. These luxurious jets will represent the only activity sector of the Quebec company, which has just sold its railway division and abandoned commercial aviation.
Appointed by the Couillard government, Éric Martel has been president and chief executive officer of Hydro-Québec since 2015. His five-year term was coming to an end, and the Legault government had every intention of renewing it this spring.
This was before being informed of his departure earlier this week, according to our information.
For its part, Bombardier informed Alain Bellemare of its replacement at the same time. He was dropped less than...
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