Bombardier Aerospace Appoints New President, Bombardier Commercial Aircraft

TORONTO, ONTARIO -- (MARKET WIRE) -- Jan 13, 2012 -- Bombardier Aerospace today announced the appointment of Michele (Mike) Arcamone as President, Bombardier Commercial Aircraft effective February 1, 2012. Mr. Arcamone succeeds Gary R. Scott, who retired on October 1, 2011.

"We are extremely pleased to welcome Mike Arcamone to Bombardier Aerospace," said Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace. "Mike comes to us with a brilliant track record throughout his 30-year career in the automotive industry. He brings a unique background of international experience to our team. His hands-on leadership approach and wealth of experience in operations and program management will benefit our Commercial Aircraft business unit, especially as we drive towards bringing the CSeries aircraft to market."

A native of Montreal, Quebec, Mr. Arcamone most recently held the position of President and Chief Executive Officer, GM Korea, based in Seoul, where he was accountable for a multi-billion dollar organization with export sales to 150 customers. Since joining General Motors in 1980, Mr. Arcamone successfully delivered multiple large-scale projects and developed a global perspective through his leadership roles in North America, Europe and, in particular, Asia, which is also a key growth region for Bombardier. Mr. Arcamone completed his undergraduate studies at Concordia University and holds a diploma in Management from McGill University.

"I am humbled by the opportunity to lead Bombardier's Commercial Aircraft business unit and excited to be returning to my home country," said Mike Arcamone. "While I am new to the Aerospace industry, I am joining a strong and knowledgeable leadership team, and our combined expertise will ensure the long-term prosperity of this business unit. We are at a pivotal moment, both in ensuring the continued success of the Q400 NextGen and CRJ NextGen aircraft and in moving towards the testing and production of the CSeries aircraft. I look forward to putting my knowledge and experience to work and delivering on our commitments to our stakeholders," he added.

About Bombardier Commercial Aircraft

Bombardier Commercial Aircraft, a business unit of Bombardier Inc., is a world leader in the design and production of aircraft that seat up to 145 passengers. Its mission is to provide a complete range of commercial aircraft optimized for best-in-class efficiency with the highest level of customer service. The product portfolio is comprised of the Q400 NextGen airliner, the CRJ NextGen family of regional jets, and the CSeries jetliners, which are the world's newest and most advanced single-aisle, mainline aircraft for the 100- to 149-seat market segment.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended January 31, 2011, were $17.9 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at or follow us on Twitter @Bombardier.

Notes to editors

A photo of Mike Arcamone, President, Bombardier Commercial Aircraft, is available in the press releases section at:

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.

Bombardier, CRJ, CSeries, NextGen and Q400 are trademarks of Bombardier Inc. or its subsidiaries.

Marc Duchesne
Bombardier Aerospace

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