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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things

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To: Gilbert Drapeau who wrote (1038)9/11/2002 5:02:09 PM
From: Gilbert Drapeau  Read Replies (2) of 1177
 
Organisational Changes at Bombardier Capital

MONTREAL, QUEBEC--SEPTEMBER 11, 2002 - 09:31 EDT
Bombardier President and Chief Executive
Officer, Mr. Robert E. Brown today announced that Mr. Robert
Gillespie, President and Chief Operating Officer of Bombardier
Capital, has elected to retire effective Feb. 1, 2003.

Mr. Brown also announced that Mr. Brian Peters, currently Chief
Financial Officer of Bombardier Capital, will succeed Mr.
Gillespie as of Feb. 1, 2003. In order to ensure an orderly
transition, Mr. Peters is appointed immediately to the newly
created position of Executive Vice President of Bombardier
Capital.

Mr. Peters joined Bombardier Capital in 2000 as Vice President,
Finance, and was promoted in 2001 to the position of Chief
Financial Officer. Mr. Peters brings to the position thirty years
of experience as controller, treasurer and chief financial officer
for large industrial and financial companies.

Bombardier Inc., a diversified manufacturing and services company,
is a world-leading manufacturer of business jets, regional
aircraft, rail transportation equipment and motorized recreational
products. It also provides financial services and asset management
in business areas aligned with its core expertise. Headquartered
in Montreal, Canada, the Corporation has a workforce of some
80,000 people in 24 countries throughout the Americas, Europe and
Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002
stood at $21.6 billion Cdn. Bombardier shares are traded on the
Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and
BBDd.F).
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