AGM/EGMJun 22, 2026, 02:11 PM
CAE to Hold 2026 Annual Meeting, Elect Directors, Vote on Compensation
AI Summary
CAE Inc. announced its 2026 Annual Shareholders’ Meeting to be held on August 12, 2026, where shareholders will vote on the election of 13 directors, the reappointment of PricewaterhouseCoopers LLP as auditor, and an advisory vote on executive compensation. The company outlined a transformation plan with FY2030 targets including $950 million to $1 billion in adjusted segment operating income and $125 million to $150 million in annual transformation run-rate savings. Additionally, Executive Chairman Calin Rovinescu will transition to non-executive Chair on January 1, 2027, and Bruce Ross has been nominated as a new director.
Key Highlights
- 2026 Annual Shareholders’ Meeting scheduled for August 12, 2026.
- Shareholders to vote on the election of 13 directors.
- Shareholders to vote on the reappointment of PricewaterhouseCoopers LLP as auditor.
- Advisory vote on executive compensation to be held.
- Executive Chairman Calin Rovinescu to revert to non-executive Chair on January 1, 2027.
- Bruce Ross nominated as a new director.
- Company targets FY2030 adjusted segment operating income of $950M-$1B.
- Company targets FY2030 annual transformation run-rate savings of $125M-$150M.
Price Impact
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