BRAMPTON, ON, Nov. 4, 2024
/PRNewswire/ - MDA Space (TSX: MDA), a trusted mission partner to
the rapidly expanding global space industry, today announced the
appointment of Guillaume Lavoie to
the role of Chief Financial Officer (CFO), effective
immediately.
A seasoned CFO with strategic capital markets experience in
growth-oriented businesses and expertise in business operations and
execution, Mr. Lavoie joins MDA Space at a time of rapid expansion
for the company.
Mr. Lavoie brings over 20 years of financial experience from
large publicly traded and privately owned companies. He joins MDA
Space with proven experience as a CFO and expertise across
financial and business functions, including strategic and financial
planning, mergers and acquisitions, investor relations, capital
deployment, business transformation, and P&L ownership.
Beginning his career in 2003 at Pratt and Whitney, in 2015 Mr.
Lavoie was appointed Vice President of Financial Planning &
Analysis at Bombardier Inc. where he played a leadership role to
deliver consistent financial performance in line with expectations,
driving significant value creation.
Following Bombardier Inc., Mr. Lavoie became Vice President and
CFO for Bombardier Transportation, a global leader in rail
transportation with $10 billion in
annual revenue. During his tenure, Mr. Lavoie had executive
responsibility for all aspects of the finance function, including
treasury, finance and investor relations. He was instrumental in
the subsequent sale of the business to Alstom and contributed to
the integration efforts.
He then served as Senior Vice President and CFO of the
Woodbridge Group, a global automotive supplier. Mr. Lavoie
delivered significant free cash flow improvements for the business
by executing key business projects, in addition to renegotiating
financing for the company.
He joins MDA Space from Sofina Foods Inc., a global food
manufacturer, as Executive Vice President and CFO where he played
an instrumental role in executing the company's growth strategy,
including the integration of Sofina's recently acquired large
business in Europe.
"I am delighted to welcome Guillaume to the MDA Space executive
team," said Mike Greenley, CEO of
MDA Space. "With our continued growth and increased customer demand
for the full range of MDA Space capabilities and products,
Guillaume's deep capital markets and financial management
experience will help drive ongoing value creation for MDA Space
shareholders."
Mr. Lavoie is a Chartered Professional Accountant (CPA) and
holds a Bachelor of Business Administration from the Université du
Québec à Montréal.
ABOUT MDA SPACE
Building the space between proven and possible, MDA Space
(TSX:MDA) is a trusted mission partner to the global space
industry. A robotics, satellite systems and geointelligence pioneer
with a 55-year+ story of world firsts and more than 450 missions,
MDA Space is a global leader in communications satellites, Earth
and space observation, and space exploration and infrastructure.
The MDA Space team of more than 3,000 space experts in Canada, the US and the UK has the knowledge
and know-how to turn an audacious customer vision into an
achievable mission – bringing to bear a one-of-a-kind mix of
experience, engineering excellence and wide-eyed wonder that's been
in our DNA since day one. For those who dream big and push
boundaries on the ground and in the stars to change the world for
the better, we'll take you there. For more information, visit
www.mda.space.
SOCIAL MEDIA
LinkedIn:
linkedin.com/company/mdaspace
X:
twitter.com/MDA_space
Facebook: facebook.com/MDAspace
YouTube:
youtube.com/c/mdaspace
Instagram: instagram.com/MDA_space
View original content to download
multimedia:https://www.prnewswire.com/news-releases/mda-space-announces-appointment-of-guillaume-lavoie-as-chief-financial-officer-302294448.html
SOURCE MDA Space