CAE ( (TSE:CAE) ) has shared an announcement.
CAE Inc. announced the appointment of four new directors to its Board, including Calin Rovinescu as Chair, signaling a strategic shift towards renewed leadership. This change reflects stakeholder consultations and aims to guide CAE’s growth and value creation, maintaining its strong position in the aerospace and defense markets. The appointments coincide with the retirement of four directors who have overseen significant company growth, emphasizing a seamless leadership transition.
More about CAE
CAE Inc. operates in the aerospace and defense sector, providing innovative technology solutions primarily focused on aviation training. As a global leader in training for civil aviation and defense and security forces, the company has transitioned from being an industrial products firm to a specialist in aviation training solutions.
YTD Price Performance: -3.36%
Average Trading Volume: 478,781
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.5B
For detailed information about CAE stock, go to TipRanks’ Stock Analysis page.