Bombardier has removed its chief executive Alain Bellemare, who oversaw the Canadian manufacturing behemoth's sell-off of its trains and commercial aviation divisions in a painful restructuring.
In his place, the Montreal-based company has hired back the former head of its business jet division Eric Martel.
The announcement comes less than a month after Bombardier sold its trains division to France's Alstom and a remaining stake in its C Series medium-range passenger jetliner program to Airbus, which rebranded it the A220.
Martel will start his new job on April 6. Prior to joining Hydro-Quebec, serving as its president and chief executive since 2015, he held several leadership positions at Bombardier.
"He is an engaging builder with a deep understanding of our organization and product portfolio as well as of the global business aircraft industry," chairman Pierre Beaudoin said in a statement late Wednesday.
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