Reported Earlier, Browning West Releases Letter To CAE Board Of Directors; Believes Recruitment Of A Proven CEO With Verifiable Track Record Of Value Creation Is Critical To Unlocking CAE's Long-Term Potential; Says "Board Should Engage With Browning West On Recruitment Process To Find Best Possible Candidate"
Believes Recruitment of a Proven CEO with Verifiable Track Record of Value Creation is Critical to Unlocking CAE's Long-Term Potential
Board Should Engage with Browning West on Recruitment Process to Find Best Possible Candidate
Browning West Seeks to Meet with the Board as Soon as Possible to Share its Perspectives
LOS ANGELES, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Browning West, LP (together with its affiliates, "Browning West" or "we"), which has a substantial investment in CAE Inc. (NYSE:CAE) (TSX:CAE) ("CAE" or the "Company") representing a 4.3% economic interest in the Company, today released a letter to the board of directors of CAE (the "Board").