Bombardier's biggest shareholders withdraw support for chairman

Montreal

BOMBARDIER Inc's biggest outside shareholder and a second major investor withdrew support for chairman Pierre Beaudoin, the last executive link to the planemaker's founding family, after he backed a compensation plan that sparked a public furor.

The manufacturer's board should be led "by a fully independent director", Caisse de Depot et Placement du Quebec said in a letter to Bombardier on Monday.