CAE, the Montreal-based simulation and training technology giant, announced today the appointment of Matthew Bromberg as its new Chief Executive Officer. Bromberg, a seasoned executive from Northrop Grumman, will take the helm at one of Quebec’s most innovative aerospace companies starting July 1, 2025.
The announcement marks a significant transition for CAE, which has been searching for permanent leadership since former CEO Marc Parent stepped down earlier this year. The board’s selection process focused on finding a leader capable of navigating the increasingly complex digital transformation sweeping through the aerospace and defense sectors.
“Matthew brings exactly the kind of forward-thinking leadership CAE needs right now,” said Alan N. Shepard, Chair of CAE’s Board of Directors. “His extensive experience in both commercial aviation and defense technologies aligns perfectly with our core business segments.”
Bromberg comes to CAE with over two decades of aerospace industry experience. At Northrop Grumman, he oversaw the integration of advanced simulation technologies across multiple platforms. His previous roles included senior positions at United Technologies Aerospace Systems and Pratt & Whitney, where he demonstrated particular strength in digital innovation.
The timing of this appointment coincides with CAE’s expanded focus on artificial intelligence and digital twin technologies in its training solutions. The company has invested heavily in these areas over the past three years, securing major contracts with airlines and defense departments worldwide.
Industry analysts view the selection positively. “Bromberg understands both the commercial and military sides of the business,” noted Marie Tremblay, aerospace analyst at Desjardins Securities. “That’s crucial for CAE, which needs to balance innovation across both sectors while maintaining its Montreal identity.”
The appointment has particular significance for Montreal’s aerospace ecosystem. CAE employs over 5,000 people in the greater Montreal region, making it one of the city’s largest technology employers. The company’s simulation centers train thousands of pilots annually and develop cutting-edge technologies that have positioned Montreal as a global leader in flight simulation.
Speaking from CAE’s Saint-Laurent headquarters, Bromberg expressed enthusiasm about joining the Quebec aerospace community. “CAE represents the best of Canadian innovation,” he said. “I’m honored to join a company with such deep Montreal roots and global impact.”
Local business leaders have welcomed the announcement. Michel Leblanc, president of the Montreal Chamber of Commerce, emphasized the appointment’s importance: “CAE is a cornerstone of our aerospace sector. Strong leadership ensures we maintain our competitive position globally.”
The transition occurs during a period of significant growth for CAE. Last quarter, the company reported a 12% increase in revenue, driven largely by its defense division and new healthcare simulation products. Contracts with major airlines for pilot training have also increased as the aviation industry rebounds from pandemic-era contractions.
Bromberg will face several immediate challenges, including ongoing supply chain pressures and increasing competition from emerging markets. However, CAE’s established partnerships with Airbus, Boeing, and various military organizations provide a stable foundation.
The Montreal aerospace cluster, which includes Bombardier, Pratt & Whitney Canada, and numerous specialized suppliers, has been experiencing renewed vitality. CAE’s continued innovation has played a crucial role in this resurgence, particularly through its development of next-generation flight simulators that incorporate virtual reality technologies.
For employees at CAE’s Montreal facilities, the appointment signals stability after months of interim leadership. “There’s definitely relief to have permanent direction,” shared Jean Tremblay, a senior software engineer who has been with CAE for fifteen years. “The aerospace industry moves quickly, and we need clear vision.”
As I walked through CAE’s innovation center last week, I was struck by the remarkable evolution of simulation technology. The company that once built basic flight simulators now creates immersive environments indistinguishable from reality. Bromberg’s background suggests he appreciates this legacy while understanding where the technology must head next.
The appointment reflects a broader trend in Montreal’s high-technology sector – the attraction of international talent to lead Quebec-based companies. This cross-pollination has generally strengthened Montreal’s position as a global aerospace hub while maintaining its distinct character and expertise.
Investors responded positively to the news, with CAE shares rising 3.2% on the Toronto Stock Exchange following the announcement. Market analysts at National Bank Financial maintained their “outperform” rating on CAE stock, citing Bromberg’s proven track record in operational efficiency and technological innovation.
