CAE Welcomes Ryan McLeod as New Chief Financial Officer
MONTREAL – CAE Inc. is excited to announce the appointment of Ryan McLeod, CPA, CA, as its new Chief Financial Officer (CFO). Mr. McLeod’s experience comes at a pivotal time for the organization as he steps into this role, aimed at enhancing CAE's global finance strategy and operational success.
Mr. McLeod's appointment was the result of an extensive search process. To ensure a seamless transition, he will collaborate closely with interim CFO Constantino Malatesta, who will support him as he acclimates to his new responsibilities.
"I am looking forward to working alongside Ryan. He offers a wealth of financial leadership experience from his years in high-growth environments and will be instrumental in our ongoing transformation," stated Matthew Bromberg, CAE's President and Chief Executive Officer. Mr. Bromberg highlighted Mr. McLeod's proven capability in driving operational excellence and engaging with shareholders, making him an ideal fit for CAE as it pushes forward with strategic initiatives.
On his new role, Mr. McLeod expressed enthusiasm, stating, "Joining CAE represents an incredible opportunity at a time when the company stands at the forefront of civil aviation and defense markets. The potential for growth across our business segments is tremendous, and I am eager to work with the talented finance team to excel in our objectives." He also looks forward to relocating and immersing himself in Montreal's vibrant culture.
Significant Experience and Leadership
Mr. McLeod is a seasoned finance leader with a track record for success in managing substantial financial operations. Prior to joining CAE, he served as the Chief Financial Officer at ATS Corporation, where his leadership contributed to substantial growth from $1.4 billion to nearly $3 billion in revenue.
His impressive career included not only leading financial strategies but also handling 18 strategic acquisitions across various regions including North America and Asia. Mr. McLeod has also executed a successful U.S. Initial Public Offering while reinforcing the balance sheet through considerable debt issuances.
Educational Background
Ryan McLeod holds a Chartered Professional Accountant designation and has earned his Honours Bachelor of Business Administration from Wilfrid Laurier University. His career journey has also featured significant roles at CIBC Mellon and Ernst & Young LLP, where he honed his expertise in finance.
About CAE: A Commitment to Excellence
CAE is dedicated to making the world a safer place through advanced training and simulation solutions, tailored to equip aviation professionals and defense forces. With around 13,000 employees across approximately 240 locations worldwide, CAE has established itself as a leader in the aviation and defense training sectors.
For close to 80 years, CAE has consistently prioritized innovation, delivering exceptional training experiences through high-fidelity simulators. The organization is committed to sustainability, aiming to enhance safety and operational readiness while leveraging cutting-edge technology to boost human performance.
Frequently Asked Questions
Who is the new Chief Financial Officer of CAE?
Ryan McLeod has been appointed as the Chief Financial Officer of CAE.
What significant experience does Ryan McLeod bring to CAE?
Ryan McLeod has a solid background in financial leadership, previously serving as CFO of ATS Corporation, where he drove extensive growth.
What are Mr. McLeod's priorities in his new role?
He aims to enhance CAE's financial strategies and support operational excellence while collaborating with the finance team.
Where will Mr. McLeod be relocating to?
He will be relocating to Montreal as part of his new role at CAE.
What is CAE’s mission?
The mission of CAE is to make the world safer by providing superior training solutions and operational readiness for aviation and defense sectors.
