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Introduction | History | Activities | Bombardier Aerospace | Bombardier Transportation | Corporate Responsibility and Sustainability | Board of Directors | Corporate Officers | Group Officers | Executive Profiles

Introduction


A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada with facilities throughout the world.

Its revenues for the fiscal year ended December 31, 2012 were $16.8 billion U.S., and its shares are traded on the Toronto Stock Exchange (BBD).

Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes.


History


L'Auto-Neige Bombardier Limitée, a manufacturer of tracked snow vehicles, was incorporated in 1942. Founder Joseph-Armand Bombardier later developed the one-passenger snowmobile, which he began to market under the Ski-Doo® brand name in 1959. In 1970, as part of a vertical integration program, the Corporation acquired the Austrian company Lohnerwerke GmbH and its subsidiary Rotax-Werk, manufacturer of Rotax engines for Ski-Doo snowmobiles and Sea-Doo® watercraft.

Bombardier diversified into the urban transit equipment industry in 1974 with a contract to build rolling stock for the Montréal subway system, and went on to develop its activities in this industry by acquiring technology for a wide range of rail transportation equipment.

Then, in order to strengthen its position in the consumer products market, the Corporation entered the small leisure boat industry with the 1988 launch of Sea-Doo personal watercraft.

Over the following years, Bombardier expanded geographically in each of its business segments through the acquisition of companies with operations complementary to its own.

Bombardier then increased its presence in the European snowmobile industry. It already had a plant in Finland and, in 1988, purchased another one there, Scanhold Oy, through a 50-50 joint venture. Four years later, the Corporation obtained full ownership of Scanhold.

As a result of the 1970 purchase of Lohnerwerke, Bombardier already owned a tramway manufacturing plant in Vienna, Austria. A number of acquisitions served to enhance its position in the European rail transportation industry: BN Constructions Ferroviaires et Métalliques S.A. (now BN S.A.) of Belgium in 1988; ANF-Industrie (now Société ANF-Industrie S.A.) of France in 1989; Procor Engineering Limited (now Prorail Limited) of England in 1990; Waggonfabrik Talbot GmbH & Co. KG (now Talbot GmbH & Co. KG) of Germany in 1995; Deutsche Waggonbau AG (now DWA Deutsche Waggonbau GmbH) in 1998; and DaimlerChrysler Rail Systems (Adtranz) in 2001. The same process was undertaken in North America and led to the acquisition of two companies in 1992: Constructora Nacional de Carros de Ferrocarril (now Bombardier-Concarril, S.A. de C.V.) of Mexico and the Urban Transport Development Corporation Inc. of Canada (now Total Transit Systems).

Diversification continued with the December 1986 acquisition of the leading Canadian aircraft manufacturer, Canadair Limited.

The Corporation's expansion program in aerospace was carried out in both Europe and North America through the following acquisitions: Short Brothers plc of Northern Ireland in 1989; the Learjet Corporation of the United States in 1990, and Boeing's de Havilland Division of Canada in 1992.

In 2001, Bombardier Transportation became the world leader in the rail transportation equipment manufacturing and servicing industry following the acquisition of DaimlerChrysler Rail Systems GmbH (Adtranz). Also in 2001, the Corporation purchased the engine assets of Outboard Marine Corporation (OMC), including the Evinrude® and Johnson® outboard engine brands.

In April 2003, Bombardier presented a recapitalization program featuring an equity offering and asset divestitures. As part of this program, Bombardier announced in May 2003 the sale of Belfast City Airport to Ferrovial of Spain and in June 2003 the sale of its Military Aviation Services unit to Spar Aerospace Ltd., a subsidiary of New York-based L-3 Communications Corporation. In December 2003, Bombardier announced the closing of the sale of its recreational products business to Bombardier Recreational Products Inc., a corporation formed by members of the Bombardier family, Bain Capital and the Caisse de dépôt et placement du Québec.

In February 2008 the Board of Directors of Bombardier gave Bombardier Aerospace the authority to offer sales proposals for the CSeries family of passenger aircraft to airline customers. In July 2008 the Board of Directors authorized the launch of this new series of commercial aircraft.


Activities


Today, Bombardier is one of Canada's largest manufacturing companies. Its operations are organized into two manufacturing groups, Bombardier Transportation and Bombardier Aerospace. The groups are responsible for their operations as well as long-term and short-term growth and profitability. The corporate office is involved in long-range planning, human resources and organizational development, public affairs, treasury, finance and legal services.

In order to simplify its overall structure, Bombardier Inc. transferred, in early 2004, Bombardier International’s responsibilities to Bombardier’s aerospace and rail units. Bombardier’s two main operating units now assume the task of spearheading their respective presences in new and developing markets.


Bombardier Aerospace


As the world’s third largest civil aircraft manufacturer, Bombardier Aerospace is a leader in the design and manufacture of innovative aviation products and services for the business, regional and amphibious aircraft markets. Headquartered in Montréal, Canada, its revenues amounted to $8.6 billion U.S. for the twelve months ending December 31, 2012 and its backlog reached $32.9 billion U.S. at December 31, 2012. At that date it had a global workforce of 36,000.

Bombardier Aerospace has a strong commitment to innovation, based on more than 300 years of combined aerospace experience and heritage, brought about by the combination of Canadair, Short Brothers, de Havilland and Learjet and the 28 new aircraft programs launched since 1989.

Its business jets, regional jets, turboprops, and amphibious firefighters are celebrated worldwide for their reliable, superior performance. In addition, each aircraft can depend on world-class Bombardier technical support and components and maintenance services on a global scale. Bombardier Aerospace also offers Flexjet fractional ownership programs.

Over the years, Bombardier Aerospace has enjoyed considerable business success. Bombardier offers the most comprehensive range of business aircraft, including the Learjet, Challenger and Global jets. In commercial aviation, with more than 1,600 CRJ Series regional jets delivered, the CRJ Series is the most successful regional aircraft program in history. The Learjet 85, with first delivery expected in 2014, is an innovative business jet which will fly further and faster than any previous Learjet. The CSeries family of commercial jets is set to redefine the 100- to 149-seat category with operational flexibility, cost effectiveness and passenger comfort. It will be the most environmentally sensitive family of aircraft in its market segment. By the end of 2012, there were booked orders and commitments for 382 CSeries aircraft from 14 customers.

Bombardier has developed an equally broad services portfolio, with service centres, parts depots and customer training facilities around the world.

Bombardier Aerospace’s production sites are situated in Canada, the U.S., the United Kingdom (Northern Ireland), and Mexico, with a new site expected to open in Morocco in 2013. It has a robust network of maintenance service centres in 27 countries, and authorized service facilities, distribution centres, depots for spare parts, and sales and marketing offices worldwide.


Bombardier Transportation


Bombardier Transportation entered the mass transit market in 1974 with a first contract for the Montréal metro. Serving a diversified customer base around the world, Bombardier Transportation’s wide range of products includes passenger rail vehicles and total transit systems. It also manufactures locomotives, bogies, propulsion and controls and provides rail control solutions.

Bombardier Transportation covers the full spectrum of railway solutions, ranging from complete trains to subsystems, maintenance services, system integration and signalling. Its installed rolling stock product base exceeds 100,000 rail cars and locomotives worldwide. Bombardier Transportation’s products include metro cars, light rail vehicles/trams, single and double-deck electric multiple units (EMUs), diesel multiple units (DMUs) and coaches, tilting trains, and high-speed and very high-speed trains. Bombardier Transportation also supplies complete transportation systems, from high-capacity urban transit systems to automated people movers. Bombardier Transportation provides highly complex rail solutions that incorporate a wide range of high-tech sub-systems, parts and components.

Bombardier Transportation is an innovator which develops integrated and sustainable smart transport solutions. Among other innovations, in 2012 it introduced its diesel-electric multi-engine technology for locomotives.

Headquartered in Berlin, Germany, Bombardier Transportation operates production facilities on five continents. Its annual segmented revenues totalled $8.1 billion U.S. for the twelve months ending December 31, 2012 and its backlog reached $33.7 billion U.S. at December 31, 2012. At that date it had a global workforce of 36,000.


Corporate Responsibility and Sustainability


Sustainability initiatives and corporate governance standards have always been an important part of how Bombardier conducts its business. In May 2007, the company published a Corporate Responsibility Roadmap to discuss how it formalized its approach to sustainable management, to advance Bombardier's economic viability, environmental stewardship and social accountability. In order to give a detailed portrait of its commitment to corporate responsibility, since 2008 Bombardier has published a company-wide Corporate Responsibility Report presenting Bombardier’s approach to sustainability, its efforts and achievements, along with areas needing improvement. The Company has made CSR one of its strategic priorities.

Bombardier became a signatory to the United Nations Global Compact in March 2007, a voluntary initiative that promotes business leadership in support of the Global Compact's ten principles in the areas of human rights, labour standards, the environment and anti-corruption.

Bombardier has also been an index component of two of the Dow Jones Sustainability Indexes since 2007. The Dow Jones Sustainability World Index comprises the 300 leading sustainability companies worldwide and the Dow Jones Sustainability North America Index comprises the 100 leading sustainability companies in North America. In September 2012 Bombardier was named Sector Leader within the Aerospace and Defense sector.

On the environmental front, the Corporation fosters environmental sustainability. To maximize its products’ environmental advantages, it builds energy efficiency into the design phase. Bombardier incorporates end-of-life considerations into product research and design. And it customizes its management systems and operations to minimize its environmental impacts, setting challenging targets that help the company continuously improve its environmental performance.

Giving something back to the communities where it operates is one social aspect of sustainability where Bombardier has a track record of leadership. At the forefront of these efforts is the J. Armand Bombardier Foundation, created in 1965 by the family of Bombardier's founder to carry on the humanitarian work he had begun. The Foundation focuses primarily on the areas of arts and culture, education, health and social services. Bombardier’s philanthropic activities are by no means limited to the Foundation. The Corporation itself, the respective business groups and individual sites around the globe are involved in several initiatives focusing on the support of youth and education, community outreach, science and technology, and arts and culture.


Board of Directors


Laurent Beaudoin, C.C., FCA
Chairman of the Board of Directors, Bombardier Inc.

Pierre Beaudoin
President and Chief Executive Officer, Bombardier Inc.

André Bérard
Corporate Director

Joanne Bissonnette
Corporate Director

J.R. André Bombardier
Vice Chairman of the Board of Directors, Bombardier Inc.

L. Denis Desautels, O.C., FCPA, FCA
Corporate Director

Thierry Desmarest
Corporate Director

Jean-Louis Fontaine
Vice Chairman of the Board of Directors, Bombardier Inc.

Sheila Fraser, FCPA, FCA
Corporate Director

Daniel Johnson
Counsel, McCarthy Tétrault LLP

Jean C. Monty
Corporate Director

Carlos E. Represas
Corporate Director

Dr. Heinrich Weiss
Chairman and Chief Executive Officer, SMS Holding GmbH


Corporate Officers


Pierre Beaudoin
President and Chief Executive Officer, Bombardier Inc.

Guy C. Hachey
President and Chief Operating Officer, Bombardier Aerospace

André Navarri
President and Chief Operating Officer, Bombardier Transportation

Pierre Alary, FCPA, FCA
Senior Vice President and Chief Financial Officer

Richard C. Bradeen
Senior Vice President

Daniel Desjardins
Senior Vice President, General Counsel and Assistant Secretary

John Paul Macdonald
Senior Vice President, Human Resources and Public Affairs


Group Officers


Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace

André Navarri, President and Chief Operating Officer, Bombardier Transportation


® Registered trademarks of Bombardier Recreational Products Inc.


Corporate Information on Stockhouse


Executives:

 Laurent  Beaudoin C.C., FCA
Laurent Beaudoin C.C., FCA
Chairman of the Board of Directors

Laurent Beaudoin was born in Laurier Station, Québec, in 1938. After obtaining a Bachelor of Arts degree from Sainte-Anne College in Nova Scotia, Mr. Beaudoin went on to complete a Master of commerce degree at Université de Sherbrooke. He is a Chartered Accountant and a Fellow of the Ordre des comptables agréés.

He launched his career in Québec City in 1961 by founding a firm of chartered accountants, Beaudoin & Blais, soon followed by a second firm, Beaudoin, Morin, Dufresne & Associés. He joined L’Auto-Neige Bombardier in 1963 as Comptroller, became General Manager in 1964 and President and CEO in 1966. When he joined the company, it manufactured snowmobiles that had been designed and commercialized by Joseph-Armand Bombardier, the company founder. Mr. Beaudoin subsequently guided Bombardier’s growth and diversification, at first into rail transportation and later into aerospace. In June 2008, Mr. Beaudoin handed over to his son his responsibilities as chief executive officer, and remained as Chairman of the Board.

Mr. Beaudoin holds honorary doctorates from the following universities: Université de Montréal (Québec); York University (Toronto); in Business Administration from Université de Sherbrooke (Québec); in Economics from the University of Sainte-Anne (Nova Scotia); in Civil Law from Bishop’s University (Québec); in Science from Queen’s University, Belfast (Northern Ireland); in Law from the University of Toronto; in Engineering from Carleton University (Ottawa); in Law from McGill University in Montreal (Québec); and in Commerce from Concordia University in Montréal (Québec). He is a Companion of the Order of Canada and an Officer of l’Ordre national du Québec.

In April 1991, Mr. Beaudoin received the Canadian Business Leader Award from the University of Alberta’s Faculty of Administration.

In September 1991, Mr. Beaudoin co-chaired the organization Regroupement Économie et Constitution and, in December, he was named CEO of the Year by The Financial Post and The Caldwell Partners. On April 30, 1992, Mr. Beaudoin was honoured as Canada’s International Executive of the Year by the International Chamber of Commerce. In October 1992, Mr. Beaudoin was inducted into the World Trade Hall of Fame by the World Trade Institute and the Greater Los Angeles World Trade Center Association.

On February 24, 1994, Mr. Beaudoin was named Aerospace Personality of the Year by the United Kingdom’s magazine Flight International and, on April 13, 1994, he received the 1993 Laureate Award in Aeronautics/Propulsion from Aviation Week & Space Technology Magazine. On May 9, 1995, Mr. Beaudoin received the C.D. Howe Award from the Canadian Aeronautics and Space Institute. On May 8, 1996, he received the 1996 Canadian Business Leadership Award from the Harvard Business Club of Toronto. As well, on April 3, 1997, Mr. Beaudoin received the 1997 Canadian Business Hall of Fame Award from Junior Achievement of Canada. On June 12, 1997, he was awarded the Prix de Carrière1997 by the Conseil du Patronat du Québec. On October 26, 1997, he was named Personality of the Year during the Gala Excellence La Presse held in Montréal. On June 4, 1998, Mr. Beaudoin received the International Distinguished Entrepreneur Award from the University of Manitoba’s Faculty of Management. On December 4, 1998, Bombardier was given the Entreprise du siècle au Québec Award by Revue Commerce. In May 1999, Mr. Beaudoin was inducted into Canada’s Aviation Hall of Fame in Winnipeg, Manitoba and, on September 3, he was awarded the Golden Emblem of Merit from the Provincial Government of Upper Austria. On June 1, 2000, Bombardier was awarded the Visions 2000 – Grande entreprise by the Chambre de commerce du Québec. On October 18, 2000, Mr. Beaudoin received the Lifetime Achievement Award through the Ernst & Young Entrepreneur Of The Year 2000 program in Québec, Canada. On January 25, 2001, Mr. Beaudoin was awarded the Golden Honorary Medal for Duties to the City of Vienna by The City of Vienna. In August 2005, he received the Aguila Azteca Award from the President of Mexico. On May 25, 2006, the Canadian Youth Business Foundation presented him with the 2006 Lifetime Achievement Award. Mr. Beaudoin also received in October 2007 the Woodrow Wilson Award for Corporate Citizenship awarded by the Canada Institute of the Woodrow Wilson International Center for Scholars, based in Washington, D.C. In January 2011, Mr. Beaudoin was inducted into the Living Legends of Aviation.

Since December 2003, he has served as Chairman of the Board of Bombardier Recreational Products Inc. In October 2010, he became president of FIRST Robotics Quebec.

 Pierre  Beaudoin
Pierre Beaudoin
President and Chief Executive Officer

Mr. Beaudoin studied business administration at Brébeuf College in Montréal and industrial relations at McGill University in Montréal before beginning his career as Canadian Customer Service Manager for BIC Sport Inc. He joined Bombardier’s Marine Products Division in 1985, was named Vice President of Product Development for Bombardier’s Sea-Doo/Ski-Doo Division in 1990, Executive Vice President of the same division in 1992, and President in 1994. In April 1996, Mr. Beaudoin was appointed President and Chief Operating Officer of Bombardier’s Recreational Products Group with operational responsibility for six product lines: marine products (Sea-Doo watercraft and sport boats), snowmobiles (the Ski-Doo product line), Bombardier ATVs, the Bombardier NV, utility vehicles, and Bombardier-Rotax engine facility located in Austria.

In February 2001, Mr. Beaudoin assumed duties as President of the Business Aircraft Division at Bombardier Aerospace. He was named President and COO of Bombardier Aerospace in October that same year, where he took over responsibility for all operations and product divisions of the Corporation’s aerospace business.

In December 2004, Mr. Beaudoin was appointed Executive Vice President of Bombardier Inc. in addition to his duties as President and COO of Bombardier Aerospace. With this appointment, he became a member of the Board of Directors for the Corporation, and joined Laurent Beaudoin, Chairman of the Board and Chief Executive Officer, and André Navarri, President of Bombardier Transportation, as part of the newly created Office of the President.

Pierre Beaudoin was named President and Chief Executive Officer of Bombardier Inc. in June 2008.

 André  Navarri
André Navarri
President and Chief Operating Officer, Bombardier Transportation

Mr. Navarri holds an engineering degree from the École Centrale Paris.

Mr. Navarri began his career in consulting roles for SCET International in Brazil and EXA International in Brazil and Africa.

He joined Alstom Unelec in 1979 as an engineer in China and the Middle East, where he leveraged his engineering background and consulting experience. He then held senior positions at Alstom Unido in Indonesia, at Alstom Transmission and Distribution in France, and at Alstom Transport's equipment division, also in France.

From 1996 to 1999, he was President of the transportation division, during which time he led the business to the leading position in its sector. His achievements there included developing exports, systems, services and signalling; setting up new project management processes and performance monitors; improving purchasing efficiency and thereby reducing costs; improving profitability; and developing recurrent high margin activity.

Following this, Mr. Navarri was Chairman and CEO of automotive component supplier Valeo SA, where he developed new strategies for customer focus, innovation and cost reduction.

He then became President of Operations at Alcatel, where he was responsible for manufacturing operations, purchasing, business processes, information systems and quality.

In February 2004, André Navarri was appointed President of Bombardier Transportation and in 2008, President and Chief Operating Officer.

 Guy C. Hachey
Guy C. Hachey
President and Chief Operating Officer, Bombardier Aerospace

Guy C. Hachey was appointed President and Chief Operating Officer on April 18, 2008. He replaces Pierre Beaudoin who took over the position of Chief Executive Officer, Bombardier Inc.

Mr. Hachey heads the leadership team responsible for all operations and product business units of Bombardier Aerospace, a world-leading manufacturer of innovative products and services for the business, commercial, amphibious and specialized aircraft markets.

He started his career 30 years ago in the automotive industry with General Motors (GM) where he held positions of increasing authority and complexity, first in Canada, then in the United States. In 1999, Delphi Automotive Systems spun off from GM and he joined the Delphi Corporation as President of its Chassis Systems Division. Before joining Bombardier, he held the combined positions of Vice-President, Delphi Corporation; President, Delphi Powertrain Systems — a $5.5 billion U.S. business with 16 product lines, 30 plants and over 30,000 employees; President, Delphi Europe, Middle East and Africa as well as Executive Champion for Delphi Corporation’s global manufacturing operations. In the latter capacity, he was responsible for the implementation of lean enterprise processes and common systems across more than 150 plants worldwide for all Delphi products.

A native of Charlemagne, Québec, Canada, Mr. Hachey holds a Bachelor’s degree in Commerce (B. Comm.) from McGill University, Montréal, and a Master’s degree in business administration (MBA) from Concordia University, Montréal. He completed the Tuck Executive Development Program at Dartmouth (New Hampshire).

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