Finance, Taxes, Insurance
Bombardier Names New CEO, Pierre Beaudoin Now Chairman
Pierre Beaudoin to step aside as chief executive after six and a half years
Pierre Beaudoin becomes Bombardier's board chairman after serving six and half years as CEO.
Pierre Beaudoin becomes Bombardier's board chairman after serving six and half years as CEO.

Long-time United Technologies executive Alain Bellemare will replace Pierre Beaudoin as president and CEO of Bombardier in a surprise management shakeup that will also see Laurent Beaudoin retire as chairman after more than 50 years at the helm. Effective February 13, Pierre Beaudoin becomes executive chairman of the board, while his father assumes the honorary title of chairman emeritus. Bellemare also joins the Bombardier board.