CAE announces final election results for board of directors

Published 13/08/2025, 21:34
CAE announces final election results for board of directors

MONTREAL - CAE Inc. (NYSE:CAE) (TSX:CAE) announced Wednesday the final director election results from its 2025 Annual and Special Meeting of Shareholders, with all 13 nominees successfully elected to the company’s board. The company has shown remarkable market performance, with a 76% return over the past year and maintaining a solid market capitalization of approximately $9 billion.

The election results showed strong shareholder support for most nominees, with 12 of the 13 directors receiving more than 90% approval. Matthew Bromberg received the highest level of support at 99.95%, while Patrick Shanahan and Louis Têtu received the lowest approval rates at 91.82% and 91.65% respectively.

Other elected board members include Ayman Antoun, Sophie Brochu, Patrick Decostre, Elise Eberwein, Ian L. Edwards, Marianne Harrison, Peter Lee, Katherine A. Lehman, Mary Lou Maher, and Calin Rovinescu.

CAE, a provider of training and simulation solutions for aviation professionals and defense forces, operates approximately 240 sites and training locations across more than 40 countries with a workforce of around 13,000 employees.

The company stated that final results on all matters voted on at the Annual Meeting have been filed with securities regulators, according to the press release statement.

In other recent news, CAE Inc. reported its first-quarter earnings for fiscal year 2026, showing a slight beat on earnings per share (EPS) but a miss on revenue. The company achieved an EPS of $0.21, exceeding the forecasted $0.20. However, revenue was reported at $1.1 billion, which did not meet the anticipated $1.12 billion. Despite surpassing EPS expectations, the revenue shortfall has raised concerns among investors. These developments are part of the latest financial updates from the company. Analyst firms have yet to release any new upgrades or downgrades following this earnings report. Investors are closely monitoring these figures as they assess CAE’s financial performance. Further updates from analysts and the company are anticipated in the coming weeks.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.