MONTREAL, QUEBEC--(Marketwired - Nov 4, 2013) - Bombardier Aerospace today announced the appointment of ric Martel as President, Bombardier Business Aircraft. Mr. Martel succeeds Steve Ridolfi, who last week was appointed Senior Vice President, Strategy and Mergers and Acquisitions, Bombardier Inc., reporting to Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc. Both of these appointments are effective January 1, 2014.

"I extend my heartfelt congratulations to Steve on his new position and wish him continued success," said Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace. "Steve has made countless contributions to Aerospace throughout his career, and this move to the corporate office will assuredly benefit the entire organization.

"We are fortunate to have a solid succession plan in place with a resource of accomplished leaders who are ready to take on the challenges ahead," Mr. Hachey continued. "As such, I am extremely pleased to announce that ric Martel has been appointed President, Bombardier Business Aircraft. Over the course of ric's tenure at Bombardier, he has held numerous positions with increasing responsibilities, including President, Bombardier Customer Services & Specialized and Amphibious Aircraft since 2011. ric comes to this new position with a proven and very successful track record."

Following ric Martel's nomination, Bombardier Aerospace also announced the appointment of Michel Ouellette as President, Bombardier Customer Services & Specialized and Amphibious Aircraft, effective January 1, 2014.

"I am also very pleased to welcome Michel Ouellette to the Aerospace Leadership Team," added Mr. Hachey. "Michel has been with the Company for over 20 years, and in that time he has consistently risen to hold a number of senior positions within Engineering, Commercial Aircraft and Business Aircraft, most recently as Vice President and General Manager, Global Aircraft Programs.

"These appointments come at a critical time for Bombardier Aerospace as we make major investments in product development and continue to grow our services footprint internationally. I'm confident that ric and Michel are the right leaders to execute and deliver on our commitments," concluded Mr. Hachey.

About Bombardier

Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montral, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2012, we posted revenues of $16.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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Bombardier Aerospace Appoints New President, Bombardier Business Aircraft