Marc Parent, CAE’s President Chief Executive Officer, is named CEO of the Year 2018 by Les Affaires business journal
December 06 2018 - 6:00AM
(NYSE: CAE; TSX: CAE) – CAE is pleased to announce that its
President and Chief Executive Officer, Marc Parent, was named CEO
of the Year, in the Large Corporation category, by Quebec-based
business journal Les Affaires.
To explain its choice, the journal cited that: “CAE and its
leader, Marc Parent, are often under the radar. However, with Mr.
Parent at the helm, the Quebec aerospace giant has undergone a
major transformation over the last ten years that is propelling it
to new heights.” It goes on to say that, thanks to the
transformation that led it to become a global leader in training,
over the past five years CAE has seen an impressive increase of
more than 30% in annual revenue, its stock has nearly doubled, and
its Civil and Defence backlogs are at all-time highs.
“CAE is a global success story thanks to our 9,000 highly
talented employees worldwide and their steadfast commitment to
customer excellence. This honour is shared with all at CAE and its
Board of Directors,” said Marc Parent. “We are driven by a vision
to be the recognized training partner of choice and by our noble
purpose. CAE benefits society by making air travel safer, defence
forces mission ready, and medical personnel better able to save
lives.”
“It is thanks to Marc’s vision and leadership that CAE has made
such great progress with its training strategy; this recognition is
well deserved,” said The Honourable John Manley, CAE’s Chairman of
the Board. “CAE has grown to become a world leader, offering the
most comprehensive training solutions for customers in the civil
aviation, defence, and healthcare markets.”
The jury, composed mainly of members of the business community
as well as university professors, was asked to assess the vision,
innovation, capacity of implementation as well as the achievements
of candidates, while taking into account the growth achieved by
companies under their leadership.
CAE congratulates the other two 2018 winners, Marcel Bourassa of
Savaria, who won in the SME Category, and Pierre Lassonde of
Franco-Nevada, who won in the most socially-engaged executive
category.
Link to the article in Les Affaires:
http://www.lesaffaires.com/dossier/pdg-de-l-annee-2018
A high-resolution photo of Marc Parent is downloadable
here: http://www.globenewswire.com/NewsRoom/AttachmentNg/613625f7-d240-4236-b9ec-443aff714b7a
About CAE
CAE is a global leader in training for the civil aviation,
defence and security, and healthcare markets. Backed by a record of
more than 70 years of industry firsts, we continue to help define
global training standards with our innovative virtual-to-live
training solutions to make flying safer, maintain defence force
readiness and enhance patient safety. We have the broadest global
presence in the industry, with over 9,000 employees, 160 sites and
training locations in over 35 countries. Each year, we train more
than 220,000 civil and defence crewmembers, including more than
135,000 pilots and thousands of healthcare professionals worldwide.
www.cae.com
Follow us on Twitter @CAE_Inc and @CAE_Defence
CAE contacts:
Hélène V. Gagnon, Vice President, Public Affairs and Global
Communications,+1-514-340-5536, helene.v.gagnon@cae.com
Investor relations: Andrew Arnovitz, Vice
President, Strategy and Investor Relations,+1-514-734-5760,
andrew.arnovitz@cae.com
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