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Bombardier's biggest shareholders withdraw support for chairman

Published Tue, May 9, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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.

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