Hold Rating on CAE: Strategic Transformation Under New Leadership Faces Time and ChallengesWe attended CAE’s first official analyst event since the changing of guard hosted by Matthew Bromberg (President and CEO), Calin Rovinescu (Executive Arnovitz (SVP, Investor Relations). We left the event positive on both Bromberg and Rovinescu’s candid views on what change will look like under the new leadership. Though Bromberg has only entered his fifth week at the helm, he laid out priority areas for the transformation to come which centered around 1) operations first, 2) portfolio reevaluation, and 3) balancing stakeholder expectations.