Bombardier Transportation Appoints Germar Wacker as New Chairman of the Management Board

BERLIN, GERMANY--(Marketwired - May 4, 2016) -

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The Supervisory Board of Bombardier Transportation GmbH today appointed Germar Wacker as the new Chairman of the Management Board. Wacker has also taken on the role of Head of Mainline and Metros for Central and Eastern Europe (CEE).

Wolfgang Tölsner, Chairman of the Supervisory Board of Bombardier Transportation GmbH, explained, "With Germar Wacker, we have found a competent and experienced leader. He is a results oriented person with a proven ability to find clear solutions to new challenges."

After studying business administration in Germany and the USA, Germar Wacker began his career in the automotive industry. In 2000, he joined Adtranz, which is now part of Bombardier Transportation. In recent years, among other responsibilities, he served as the head of Bombardier's Vienna production site, as President of the Light Rail Division and as head of the Propulsion and Controls Division. He was appointed Head of Mainline and Metros (CEE) in April 2016.

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 39,400 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, 2015, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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