Bombardier CEO Éric Martel Evolves Leadership Team Structure as Part of Forward-Looking Growth Strategy, Building on Company Momentum

  • Jean-Christophe Gallagher appointed Executive Vice President, Aircraft Sales and Bombardier Defense
  • Paul Sislian appointed Executive Vice President of Bombardier Aftermarket Services & Strategy
  • David Murray appointed Executive Vice President, Manufacturing, IT and Bombardier Operational Excellence System
  • Eric Filion joins Bombardier to the newly created role of Executive Vice President, Programs and Supply Chain
  • Michel Ouellette will lead Engineering and Product Development until planned retirement later in 2023, following a 33-year, successful career

MONTREAL, Feb. 06, 2023 (GLOBE NEWSWIRE) — Bombardier today announced a leadership team evolution that will focus on carrying forward the company’s positive momentum toward executing long-term growth and optimization strategies in the key areas of defense, services, continuous product improvement and next-generation manufacturing practices.

“Bombardier has successfully embarked on its journey as a company focused on its world-class business jet portfolio. As we continue to meet or exceed targets, it is the right time to thoughtfully reshape key leadership functions to ensure the solid foundation we have set fully carries our momentum well into the future,” said Éric Martel, President and CEO, Bombardier. “Our leadership team members are talented and have delivered on commitments time and again these past years, and this new alignment will further build upon the foundations they have successfully set for Bombardier.”

As part the leadership structure evolution, the following alignments and appointments will take effect on February 20, and all other existing Bombardier leadership team members will continue in their roles:

Jean-Christophe Gallagher is appointed Executive Vice President, Aircraft Sales & Bombardier Defense. Gallagher will lead all aspects of Bombardier’s growing defense business as its product offering and customer base expand. Gallagher will also oversee the talented Sales team led by Peter Likoray, Senior Vice President, New Aircraft Sales. Under Peter’s leadership, Bombardier has grown its backlog and built local roots across the world. Peter will continue to deepen his and his team’s passion for crafting unique experiences for Bombardier customers as they match their discerning needs to the company’s exceptional portfolio.

Paul Sislian is appointed Executive Vice President, Bombardier Aftermarket Services & Strategy. Having spent 15 years optimizing and leading Bombardier’s business jet manufacturing facilities and processes, Sislian will now carry forward and accelerate the division’s strategic growth journey that saw Bombardier inaugurate four newly built or expanded maintenance facilities around the world in 2022.

All aerostructures, assembly and completions activities will be led by David Murray, who will add these responsibilities to his current mandates and is appointed to the role of Executive Vice President, Manufacturing, IT and Bombardier Operational Excellence System (BOE). The alignment of these three functions will enable a new focus on availing teams of next-generation digital technologies to further enhance Bombardier core processes.

Éric Filion is appointed to the new role of Executive Vice President, Programs and Supply Chain. In this capacity, Filion will oversee all Bombardier supplier relationships and lead continuous, competitive improvement efforts for all in-production Bombardier aircraft. Filion previously held operations and program leadership positions at Bombardier, including oversight of the Challenger aircraft production facility. Most recently he served as Executive Vice President, Chief Operating and Customer Experience Officer for Hydro-Québec. Filion will join Bombardier on February 20, 2023.

Finally, Michel Ouellette will lead Engineering and Product Development as the group’s Executive Vice President. After a 33-year career at Bombardier that culminated in the successful certification of the Global 7500 jet and subsequent launch of the performance-leading Global 8000 flagship aircraft, Ouellette is set to retire at the end of June 2023.

“Michel’s contributions to Bombardier can certainly be enumerated at great length, and their positive and lasting impact on our people, our products and our company is simply immeasurable,” said Martel. “On behalf of everyone at Bombardier whose lives Michel has touched, I want to sincerely thank him for his leadership and passion—and wish him all the best in his next chapter. I also look forward to continuing collaborating in the months ahead, as we press forward with exciting projects.”

About Bombardier
Bombardier (BBD-B.TO) is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense’s proven expertise.

Headquartered in Greater Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and Australia.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with Sustainable Aviation Fuel (SAF) utilizing the Book and Claim system visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier, Global, Global 7500, Global 8000 and Challenger are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For Information
Mark Masluch
Bombardier
+1-514-855-7167

GlobeNewswire Distribution ID 8743397

Nikkiso Clean Energy & Industrial Gases Group Completes the Acquisition of Cryotec Anlagenbau GmbH, Wurzen, Germany

Cryotec Anlagenbau GmbH Wurzen Germany

Cryotec Anlagenbau GmbH Wurzen Germany

TEMECULA, Calif., Feb. 06, 2023 (GLOBE NEWSWIRE) — Nikkiso Clean Energy and Industrial Gases Group (“Group”), a part of Nikkiso Co., Ltd (Japan), and operating under Cryogenic Industries, Inc. (USA), completed the acquisition of Cryotec Anlagenbau GmbH (Cryotec), located in Wurzen, Saxony, Germany for an undisclosed amount.

A global plant engineering and construction company, Cryotec provides planning, project management, manufacturing, and engineering services of skid-mounted/containerized air separation and liquefaction plants, and CO2 technologies offering tailored solutions to their customers.

Cryotec will operate as part of the Group’s GmbH facility, based in Neuenburg am Rhine, Germany.

The Group consists of six functional business units: Cryogenic Pumps, Heat Exchanger Systems, Process Systems, Fueling & Solutions, Energy Infrastructure & Strategic Projects, and Service. Cryotec will be acting as the Nikkiso Clean Energy and Industrial Gases Group competence and production center in Europe.

“Nikkiso will promote and sell globally the intelligent packaged solutions from Cryotec that reduce and recover carbon dioxide emissions, and further support the sustainability goals of the Group. Cryotec will have full access to the innovative technologies developed in California and elsewhere in the Nikkiso Group and offer localized packages, solutions, and stations for LH2 (Liquid Hydrogen) LNG (Liquefied Natural Gas), ammonia, and cryogenic energy storage applications within Germany and Europe. We will support the growth of Cryotec, by adding resources and increasing our manufacturing and assembly activities in Saxony and supplying Cryotec solutions to Germany and the global market”, according to Peter Wagner, CEO of Cryogenic Industries and President of the Group.

Prime Minister of Saxony, Michael Kretschmer stated: “The acquisition of Cryotec Anlagenbau by Nikkiso strengthens the internationalization of a traditional Saxon company from Wurzen. Nikkiso has global experience in renewable energy, hydrogen, and energy storage. Renewable energies and green hydrogen play a key role in achieving the energy and climate targets in Saxony. The Free State of Saxony is already an important location for the research and application of hydrogen technologies. I am delighted that Nikkiso will contribute its expertise to Saxony in the future.”

“Nikkiso will be able to assist with this project realization as well as the supply and servicing of liquid hydrogen and LNG filling stations in the European Market”, according to Ole Jensen, Vice President, Europe. “This acquisition represents our commitment to and support the European Union targets to be climate-neutral by 2050.”

The purchase was effective February 3, 2023.

ABOUT Nikkiso Clean Energy & Industrial Gases Group
Nikkiso Clean Energy & Industrial Gases Group is part of the Industrial Division of Nikkiso co. Lt. Japan. The Group operates in the US, under Cryogenic Industries, Inc. (a member of Nikkiso Co., Ltd.). The Group member companies manufacture, and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.), and process plants for Industrial Gases, Natural Gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information, please visit www.NikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

Cryotec_Totale_119192_RGB - cropped - resized (1)

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5818ee3c-2c93-4ad0-b03b-a87bda21cfce

GlobeNewswire Distribution ID 8743139

Gordon Brothers to Sell Machinery & Equipment Formerly Used by José Sánchez Peñate

Madrid, Feb. 02, 2023 (GLOBE NEWSWIRE) — Gordon Brothers, the global advisory, restructuring and investment firm, is offering for immediate sale by private treaty machinery and equipment from four plants in the Canary Islands formerly leased by the firm to the Spanish food products manufacturer and distributor José Sánchez Peñate.

José Sánchez Peñate primarily produced dairy products from two plants in Tenerife, Spain and manufactured and supplied coffee and bakery products from two plants in Gran Canaria. The complete plant and available machinery equipment are as follows:

  • Milk plant, including preparation, mixing, sterilization, cooling, packaging and palletizing systems.
  • Yoghurt plant, including raw material reception, pasteurization of milk, mixing station, pasteurization of yoghurt, addition of starter, fermentation, packaging, palletizing, cooling and storage.
  • Coffee plant, including raw materials reception, recipe preparation, roasting, milling, packing of coffee beans for restaurants or ground coffee, packaging, palletizing and storage.
  • Bakery plant, including raw materials reception, kneading machines, forming machines, cutting and boarding, fermentation area, baking and cooling, packaging and palletizing.

“This unprecedented food manufacturing plant sale is already generating global interest and is an amazing opportunity to acquire machinery and equipment worth millions of euros,” said Duncan Ainscough, Managing Director, Commercial & Industrial at Gordon Brothers. “With over €95 billion of assets appraised and disposed in the food and beverage industry, we are a trusted partner with a deep understanding of this sector and a strong history in maximizing asset value for companies in Spain and throughout Europe.”

The machinery and equipment is installed and inspections are available by appointment only. To view the full list of available assets, visit Gordon Brothers’ website: www.gordonbrothers.com/JSP.

About Gordon Brothers

Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to provide maximum liquidity, put assets to their highest and best use and mitigate liabilities. The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Gordon Brothers lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.

Lauren Nadeau
Gordon Brothers
+1.617.422.6599
lnadeau@gordonbrothers.com

GlobeNewswire Distribution ID 8741910

ThreatLocker® Unveils the Future of Zero Trust with New Products

Global Cybersecurity leader unifies critical components of their stack with new Ops and other features.

Orlando, FL, Feb. 02, 2023 (GLOBE NEWSWIRE) — ThreatLocker®, a pioneer in endpoint protection technologies, has today announced at Zero Trust World the launch of ThreatLocker Ops, a community-driven threat detection tool. This new product assists administrators to detect attempted breaches or weaknesses in their systems.

“Zero Trust is the required foundation of security for all organizations,” said Danny Jenkins, CEO & Co-Founder of ThreatLocker. “By combining controls with Ops, organizations are not only able to benefit from knowledge ThreatLocker has received of attempted attacks but from similar businesses  defending their system from these attacks.”

Ops is a policy-driven system that uses data received from the ThreatLocker agent to determine good or bad behavior. This data can be used to alert I.T. administrators of attempted attacks or to trigger actions to further harden an environment using other components of the platform. The Ops platform also integrates into ThreatLocker’s new community, which allows like-kind businesses to public policies that are relevant to their business, which allows for information sharing and a more extensive set of alerts.

“I love when you can take the collective intelligence of an entire group and share it across a community,” said Brent Yax, CEO of Awecomm. “ ThreatLocker Ops creates an environment that will encourage IT professionals to share knowledge and expertise from a threat mitigation standpoint and will act as an extra tool set for risk mitigation and risk response.”

Ops limits reliance on other IT resources with more security controls, less agent fatigue, and no overhead on personal computers (PCs).

ThreatLocker also announces the integration of Third Wall plug-in in its zero trust platform. This announcement follows the acquisition of Third Wall last November.

The powerful configurations manager for Windows consists of 58 lockdown policies and emergency actions to broaden the scope of ransomware prevention and ensure users are HIPAA, PCI, NIST, and GDPR compliant.

“Our security stack includes Third Wall to help us ensure that we have a good baseline policy to secure & prevent malicious activity on our systems, and ThreatLocker to ensure that only authorized third-party applications can run,”  said Harry Boyne, Co-Founder & Technical Director at Chalkline. “We are excited to see the two products working together which will further help improve our clients’ security posture and increase efficiencies.”

“The future of Zero Trust is simple; more controls, more automation, more alerts and the help and support of the community,” Danny Jenkins, CEO and Co-Founder of ThreatLocker.  

ThreatLocker’s new additions satisfy many government regulations on implementing Zero Trust strategies to prevent modern-day attacks.

ThreatLocker will rollout out its new products to new and existing partners. It currently protects over one million endpoints globally.

Join the ThreatLocker® Community  

ThreatLocker’s Ops is available in early access and will go into general availability over the coming months.

About ThreatLocker® 

ThreatLocker® is a leader in endpoint security technologies, providing enterprise-level cybersecurity tools to improve the security of servers and endpoints. ThreatLocker’s combined Application Allowlisting, Ringfencing™, Storage Control, Elevation Control, and Endpoint Network Access Control (NAC) solutions are leading the cybersecurity market toward a more secure approach of blocking the exploits of unknown application vulnerabilities. To learn more about ThreatLocker® visit: www.threatlocker.com

Attachment

Gabrielle Rose-Green
ThreatLocker Inc.
gabrielle.rose-green@threatlocker.com

GlobeNewswire Distribution ID 8741904

Coda Payments Appoints Shane Happach as Chief Executive Officer

Payment solution veteran to steer Coda through key growth stage

Singapore, Feb. 02, 2023 (GLOBE NEWSWIRE) — Today, Coda Payments (“Coda”), the leading provider of cross-border payments and distribution solutions to publishers of digital content, announced the appointment of Shane Happach as Chief Executive Officer.

An industry leader in payments and financial technology, Happach brings over 15 years of payments experience to Coda. Happach spent a decade driving more than 500% growth at Worldpay, one of the world’s largest payment service providers, leading the commercial function of its online payments division from 2011 until 2016 and serving as its Executive Vice President from 2016 to 2021. He most recently acted as CEO of Mollie, a next-generation payments and financial services player for small and medium-sized enterprises.

Happach will be responsible for growing Coda’s ecosystem of users, content publishers, and channel partners while expanding its consumer and B2B product offerings.

“Coda has unlocked billions of dollars of value for its clients and enriches the lives of tens of millions of users every month with a highly differentiated suite of offerings. I look forward to building on this foundation, leading the Coda team at this exciting moment in the company’s growth,” said Happach.

Neil Davidson, Coda’s founder and executive chairman, said, “Shane is a seasoned payments executive and CEO, relishes delivering impactful solutions to clients, enjoys operating on a cross-border basis, and has a track record of creating value for shareholders both private and public. I look forward to working with him in the months and years to come.”

Happach will relocate to Singapore and take up his new role in May. He takes over from Philippe Limes, who has served as CEO since 2019.

About Coda Payments

Coda Payments (“Coda”) operates Codashop, the leading independent source for games and in-game currencies. Coda also offers Codapay, which allows publishers of digital content to accept the same range of hundreds of payment methods available on Codashop on their own websites, and xShop, which allows publishers to distribute their products through a range of e-commerce and other consumer-facing platforms.

The Coda vision is to be the platform of choice for taking life’s digital experiences over the top.

Attachment

Coda Payments Press
press@codapayments.com

GlobeNewswire Distribution ID 8741412

Zoom to Release Financial Results for the Fourth Quarter and Full Fiscal Year 2023

SAN JOSE, Calif., Feb. 01, 2023 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it will release its financial results for the fourth quarter and full fiscal year 2023 on Monday, February 27, 2023, after the market closes.

A live Zoom Video Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom’s investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Public Relations
Colleen Rodriguez
Head of Global PR for Zoom
press@zoom.us

Investor Relations
Tom McCallum
Head of Investor Relations for Zoom
408.675.6738
investors@zoom.us

GlobeNewswire Distribution ID 8741067