Successfully transformed Bombardier into a significant Canadian global company.
Out of day-to-day business but will remain non-executive chairman of the board.
Several investors, fund managers won’t support Beaudoin’s re-election as chair, and executive compensation plan.
Also voting against the executives’ compensation package that includes hikes of nearly 50%.
Senior execs who received compensation increase should follow Beaudoin’s example: take a pay cut.
Bombardier has lifted the veil on China Express Airlines, the undisclosed Chinese customer in a previously announced CRJ900 NextGen sale worth up to $491 million.