Bombardier Transportation Appoints Oscar Vazquez as Country Managing Director and Chairman of the Board in Spain

MADRID, SPAIN--(Marketwired - May 16, 2017) -

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Rail technology leader Bombardier Transportation has appointed Oscar Vázquez as Country Managing Director and Chairman of the Spanish Management Board for Spain. The designation follows the resignation of Álvaro Rengifo, who has decided to step down for personal reasons. Rengifo will continue to support Bombardier's business in Spain in an advisory role.

As the new Bombardier country representative, Vázquez commented, "It is with pride that I take on this important challenge, which I look forward to with enthusiasm. I am confident that the team in Spain, together with my international experience, will enable Bombardier to continue leading the way forward with innovative and eco-friendly mobility solutions in Spain and beyond. I want to thank Alvaro Rengifo for the great work he has done in leading the company along the last seven years, today we are more ready than ever to leverage the opportunities that the new macroeconomic scenario offers."

As the highest representative of Bombardier in Spain, Vázquez will take over these roles in addition to his duties as Project Portfolio Head for Continental Europe and Metro Application.

Along the past 16 years, Vázquez has held different senior positions in Spain, England, Austria, Singapore and Switzerland, as member of the management teams of several business units in Bombardier Transportation. Vázquez has an in-depth understanding of the business that will support the development of the Spanish market and bring the region's mobility to the next level. Vázquez is Industrial Engineer and holds an EMBA from IESE Business School, University of Navarra's IESE.

About Bombardier Transportation

Bombardier Transportation is a global leader in rail technology and offers the broadest portfolio in the industry. It covers the full spectrum of rail solutions, ranging from trains to sub-systems and signalling. The company also provides complete transport systems, e-mobility technology and maintenance services. As an innovation driver, Bombardier Transportation continuously breaks new ground in sustainable mobility. It provides integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 37,150 people and its products and services operate in over 60 countries.

About Bombardier

Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2016, we posted revenues of $16.3 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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