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Activist Browning West Leads CAE to Reset With New CEO Bromberg

Activist Browning West Leads CAE to Reset With New CEO Bromberg

Bloomberg02-06-2025
Investment firm Browning West LP says flight simulator company CAE Inc. should be able to double its profit over the next three to four years under the direction of a new chief executive officer.
CAE hired Northrop Grumman executive Matthew Bromberg to run the company and named former Air Canada CEO Calin Rovinescu as executive chair in a revamp of its leadership team. The shares jumped more than 4%.
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