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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?

To: Gilbert Drapeau who wrote (714)	2/16/2000 11:07:00 AM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Pierre Lortie to President and COO of Bombardier Capital FEBRUARY 16, 2000 MONTREAL, QUEBEC--Mr. Yvan Allaire, Chairman of the Board of Bombardier Capital and Executive Vice President, Bombardier Inc., today announced the appointment of Mr. Pierre Lortie as President and Chief Operating Officer of Bombardier Capital. His appointment is effective April 1, 2000. Mr. Lortie had been President of Bombardier Capital from 1990 to 1993 when he became President, Bombardier Aerospace, Regional Aircraft. In April 1998, he was named President and Chief Operating Officer, Bombardier International. Mr. Pierre-Andre Roy who was President of Bombardier Capital since 1993 had recently expressed his intention to retire. Under his leadership, Bombardier Capital has expanded into new areas and grown its revenues at a high rate. Since he joined Bombardier in 1980, Mr. Roy held a number of management positions at Bombardier Transportation and Bombardier Aerospace as well as at the Corporate Office of Bombardier. On behalf of the management of the Corporation, Mr. Allaire expressed his gratitude to Mr. Roy for his contribution to the development of Bombardier over the last 20 years and wished him a happy retirement. A decision will be announced in the future as to the replacement of Mr. Lortie as President of Bombardier International. Bombardier Inc. is a Canadian corporation active in the fields of aerospace, rail transportation equipment, recreational products and financial services. It operates plants in 12 countries in North America, Europe and Asia, and more than 90 % of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended January 31, 1999 totalled $11.5 billion.