CAE Inc. names Matthew Bromberg as new CEO

MONTREAL - CAE Inc. (NYSE:CAE) (TSX:CAE), a leader in training solutions for aviation and defense with a market capitalization of $8.24 billion and impressive revenue growth of 9.93% over the last twelve months, today announced the appointment of Matthew Bromberg as its new President and Chief Executive Officer, set to take office on August 13, 2025. According to InvestingPro analysis, the company maintains a FAIR financial health score, demonstrating stable operational performance. The company also revealed that Calin Rovinescu will assume the role of Executive Chairman, with Sophie Brochu stepping in as Lead Independent Director, emphasizing CAE’s commitment to exemplary governance.

The selection of Bromberg, who will join the company on June 16, 2025, as the Incoming President and CEO, is part of a strategic transition following Marc Parent’s departure. Bromberg, with a rich background in aerospace and defense, will work closely with Parent to ensure a smooth handover of responsibilities. InvestingPro data shows CAE is trading at an attractive valuation relative to its growth potential, with a P/E ratio of 27.62 and strong EBITDA of $636.41 million.

Bromberg’s appointment comes after a comprehensive global search and has been endorsed by CAE’s Board of Directors. His extensive experience includes leadership roles at Northrop Grumman Corporation, RTX Corp., and Pratt & Whitney. Bromberg’s expertise is expected to steer CAE’s strategic growth and reinforce its position in the global market.

Calin Rovinescu, set to become Executive Chairman, praised Bromberg as a visionary leader whose track record of operational excellence and growth aligns with CAE’s ambitions. Rovinescu himself is a seasoned business figure, known for his tenure as President and CEO of Air Canada.

Sophie Brochu, who will serve as Lead Independent Director, is recognized for her leadership at Hydro-Québec and brings valuable strategic insight to the company’s governance.

The appointments reflect CAE’s dedication to enhancing its leadership as it continues to deliver advanced training and simulation solutions. The company, with a workforce of about 13,000 employees worldwide, is poised to further its mission of making the world safer through high-fidelity simulation and training.

These leadership changes are pending approval at the upcoming Annual and Special Meeting of Shareholders, where both Bromberg and Rovinescu will be nominees for election to the Board. Analysts maintain a positive outlook on CAE’s future, with multiple additional insights available through InvestingPro’s comprehensive research reports, which provide detailed analysis of the company’s financial health, valuation metrics, and growth prospects among 1,400+ top stocks.

The information in this article is based on a press release statement from CAE Inc.

In other recent news, CAE Inc. reported its fourth-quarter 2025 earnings, surpassing expectations with an earnings per share (EPS) of $0.47, compared to the forecast of $0.46. The company’s revenue for the quarter reached $1.3 billion, marking a 13% increase year-over-year and aligning with projections. Despite these positive results, CAE’s stock experienced a decline, reflecting investor concerns over future growth prospects. For fiscal 2026, CAE projects mid to high single-digit operating income growth in its civil segment and low double-digit growth in its defense segment. Jefferies analyst Sheila Kahyaoglu adjusted CAE’s stock price target to $27 from $28, maintaining a Hold rating, noting potential challenges in the Civil Aviation sector but anticipating growth in the Defense segment. The analyst projects an overall revenue growth of 6% for CAE, which could lead to an 8% increase in operating income. Additionally, CAE plans to reduce its net leverage to 2.5x by the end of 2026, supported by strong free cash flow generation. These developments indicate a strategic focus on growth and financial stability for CAE in the coming fiscal year.

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