June 2 (Reuters) - Canadian aviation and defense
technology company CAE, said on Monday it tapped
Northrop Grumman's ( NOC ) Matthew Bromberg as its new chief
executive officer.
Bromberg, set to join on August 13, will be succeeding Marc
Parent, who has been at the helm since 2009 and had announced
his departure in November last year.
Bromberg has been working as the head of global operations
for Northrop Grumman ( NOC ) since 2022 and has also worked for RTX Corp ( RTX )
, leading its military engine business.
The appointment follows activist investor Browning West in
December pushing to have a say in hiring CAE's new top boss,
after building a 4.3% stake in the company.
CAE also announced that former Air Canada CEO Calin
Rovinescu will become executive chairman of the board, while the
past CEO of Hydro-Quebec Sophie Brochu will serve as lead
independent director.