Bombardier announced today the appointment of Ms. Jane F. Garvey, former administrator of the Federal Aviation Administration (FAA), to its Board of Directors, replacing Mr. Michael J. Durham, who is leaving the Board to pursue other duties.
“We welcome Jane Garvey to the Bombardier Board. Her in-depth knowledge of the aviation community and expertise in the transportation sector will be of great benefit to the Corporation,” said Mr. Laurent Beaudoin, Chairman of the Board and Chief Executive Officer of Bombardier Inc. “I wish to thank Michael Durham for his insight, pertinent views and dedication to Bombardier during his tenure.”
Ms. Garvey is Executive Vice President and Chairman of the transportation practice of APCO Worldwide, a global communications consultancy. From 1997 to 2002, she served as the first ever five-year term administrator of the FAA. Previously, she was acting administrator and deputy administrator of the Federal Highway Administration (FHWA). From 1991 to 1993, she was Director of Boston’s Logan International Airport, and from 1988 to 1991, Commissioner of the Massachusetts Department of Public Works.
Her nomination has been recommended by the Corporate Governance and Nominating Committee and approved by the Board of Directors.
These changes to the Board membership bring the total number of Directors on Bombardier’s Board to 15, of which nine are independent.
A world-leading manufacturer of innovative transportation solutions, from regional 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 Jan. 31, 2007, were $14.8 billion US, 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 www.bombardier.com.