Canadian Manufacturing

CAE announces changes to its Board of Directors

by CM Staff   

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Mr. Decostre's appointment is in conjunction with the retirement of Mr. Michael E. Roach, who has served on the Board since 2017.

MONTREAL — CAE Inc. announced the appointment of Patrick Decostre to the Board of Directors, effective immediately.

Mr. Decostre is President, Chief Executive Officer and a director of Boralex Inc., a provider of affordable renewable energy in North America and Europe. Prior to his appointment as President and CEO in 2020, he spent time building Boralex’s business from the ground up in Europe, where he initiated wind energy initiatives and directed all operations and development activities of Boralex’s European subsidiaries. Mr. Decostre, an engineering physicist, graduated from the École Polytechnique of Brussels. He is also a graduate of the Solvay Business School in Brussels in business administration. His full biography is available on the Boralex website.

Mr. Decostre’s appointment is in conjunction with the retirement of Mr. Michael E. Roach, who has served on the Board since 2017.

“On behalf of the Board, I want to thank Mike for his dedication, insight, and wise counsel over the past seven years. His vast experience and outstanding judgment contributed constantly to productive discussions. We are grateful and we wish him the very best,” said Alan N. MacGibbon, Chair of the Board of Directors. “Patrick brings extensive executive leadership and operating experience to the Board, and we look forward to benefiting from his insight as we continue to improve execution and performance across our businesses.”

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