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Laurent Beaudoin
Laurent Robert Beaudoin CC OQ CMG (French pronunciation: [loʁɑ̃ ʁɔbɛʁ bodwɛ̃]; born May 13, 1938) is a Canadian businessman from Quebec. From 1979 to 2003, he was the CEO of the transportation company Bombardier.
Beaudoin was born in Laurier Station, Quebec. In 1959, while studying accounting at the University of Sherbrooke, he married Claire Bombardier, daughter of Canadian businessman Joseph Armand Bombardier.
Beaudoin began his career in 1961 in Sherbrooke, Quebec by founding a firm of chartered accountants, Beaudoin and Blais, soon followed by a second firm, Beaudoin, Morin, Dufresne & Associés. In 1963 he joined the family business, L’Auto-Neige Bombardier Limited, as comptroller. He was named president of the company in 1966, shortly after Bombardier's death. He became chairman and chief executive officer of Bombardier Inc. in 1979. Under his leadership, the company grew from a snowmobile manufacturer to the world's largest manufacturer of rail transportation equipment and to the world's third largest civil aircraft maker.
After taking the company's helm, Beaudoin took it public, then during the 1970s used the funds thus raised to grow Bombardier into a large rail transportation company. In 1986 he oversaw Bombardier's entry into the aviation field through acquiring the assets of Canadair, which had been manufacturing Challenger business jets and amphibious aircraft. He led the acquisition of other cash-starved companies; by 1992 he controlled Short Brothers, Learjet, and de Havilland.
In June 2000, Beaudoin was named a member of the advisory board of Lazard Canada.
Paul Tellier, CEO of Bombardier Inc. resigned as CEO and a director on December 13, 2004. Non-management independent directors Michael McCain and Mrs. Jalynn Bennett also resigned as directors of Bombardier Inc. at the same time.
A new Office of the President was then established with Executive Chairman Laurent Beaudoin as chair. His son, Pierre Beaudoin, then President and Chief Operating Officer of Bombardier Aerospace, became a member of the Office of the President and was appointed a director of Bombardier Inc.
In 2018 Beaudoin retired from Bombardier after 55 years.
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Laurent Beaudoin
Laurent Robert Beaudoin CC OQ CMG (French pronunciation: [loʁɑ̃ ʁɔbɛʁ bodwɛ̃]; born May 13, 1938) is a Canadian businessman from Quebec. From 1979 to 2003, he was the CEO of the transportation company Bombardier.
Beaudoin was born in Laurier Station, Quebec. In 1959, while studying accounting at the University of Sherbrooke, he married Claire Bombardier, daughter of Canadian businessman Joseph Armand Bombardier.
Beaudoin began his career in 1961 in Sherbrooke, Quebec by founding a firm of chartered accountants, Beaudoin and Blais, soon followed by a second firm, Beaudoin, Morin, Dufresne & Associés. In 1963 he joined the family business, L’Auto-Neige Bombardier Limited, as comptroller. He was named president of the company in 1966, shortly after Bombardier's death. He became chairman and chief executive officer of Bombardier Inc. in 1979. Under his leadership, the company grew from a snowmobile manufacturer to the world's largest manufacturer of rail transportation equipment and to the world's third largest civil aircraft maker.
After taking the company's helm, Beaudoin took it public, then during the 1970s used the funds thus raised to grow Bombardier into a large rail transportation company. In 1986 he oversaw Bombardier's entry into the aviation field through acquiring the assets of Canadair, which had been manufacturing Challenger business jets and amphibious aircraft. He led the acquisition of other cash-starved companies; by 1992 he controlled Short Brothers, Learjet, and de Havilland.
In June 2000, Beaudoin was named a member of the advisory board of Lazard Canada.
Paul Tellier, CEO of Bombardier Inc. resigned as CEO and a director on December 13, 2004. Non-management independent directors Michael McCain and Mrs. Jalynn Bennett also resigned as directors of Bombardier Inc. at the same time.
A new Office of the President was then established with Executive Chairman Laurent Beaudoin as chair. His son, Pierre Beaudoin, then President and Chief Operating Officer of Bombardier Aerospace, became a member of the Office of the President and was appointed a director of Bombardier Inc.
In 2018 Beaudoin retired from Bombardier after 55 years.