Bombardier Transportation
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Bombardier Transportation

April 04, 2016 07:59 ET

Bombardier Transportation: New Leadership for Central and Eastern Europe

BERLIN, GERMANY--(Marketwired - April 4, 2016) - In the course of the company's transformation process, the Bombardier Transportation Leadership Team has decided to put in place a new leadership structure for the Central Eastern Europe (CEE) Region. In order to make the organization more efficient, CEE will be split in two parts.

The segments Locomotives and Light Rail Vehicles (LOC and LRV) will be taken over by Michael Fohrer, in addition to his mandates as Head of Services for the CEE Region and of Global Services Solutions. His responsibility includes the sites in Kassel, Mannheim, Zurich and Vienna.

Germar Wacker, previously President PPC (Propulsion and Controls), will become the new Head of the Mainline and Metros segment in Central and Eastern Europe. This includes the German sites of Hennigsdorf, Bautzen and Görlitz as well as the Swedish site of Vasteras.

Germar Wacker and Michael Fohrer will become members of the Bombardier Transportation Leadership Team.

The current Head of CEE, Dieter John, will leave the company. Laurent Troger, President of Bombardier Transportation, thanks Dieter John for his contributions and commitment to Bombardier Transformation and wishes him all the best for his future endeavors.

Germar Wacker and Michael Fohrer have a successful track record and years of experience in Bombardier. Wacker's responsibilities included the General Manager position of the Vienna site and leading the LRV division. Fohrer has been holding leadership positions in the Services segment for many years.

Laurent Troger said, "This new structure will help us to make our organization more effective, positioning ourselves to meet the new challenges of heightening global competition."

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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