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Fri, Nov 26, 2004

Upgraded: Marc Parent

Moves From Bombardier To CAE To Head Up Simulator Products Division

CAE says it's hired Marc Parent as Group President for Simulation Products.

Parent, 43, is now Vice President and General Manager, Bombardier Aerospace. During his 20-year career with Bombardier, Parent held a number of senior management positions in engineering, product development and management, as well as operations at Bombardier facilities in Montreal, Toronto, and Tucson.

"I am delighted to welcome Marc Parent to the CAE family," said CAE President and Chief Executive Officer Robert E. Brown. "His experience, leadership abilities and proven managerial and organizational strengths will greatly benefit the company."

Parent was honored in 1999 as one of "Canada's Top 40 under 40" leaders, and is a recipient of the SAE's (Society of Automotive Engineers) Marvin Witlock award. A native of Montreal, Parent is a graduate of mechanical engineering from Montreal's Ecole Polytechnique and of the Harvard Business School's Advanced Management Program.

FMI: www.cae.com

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