Welcome to The Globe and Mail’s comment community. They’ve lost 39 per cent since hitting a 52-week high of $71.11 last September. That means: Comments that violate our community guidelines will be removed. He joined Auto-Neige Bombardier in 1963 as comptroller, became General Manager the following year, and President in 1966. Son. He graduated from the UniversitÃ© de Sherbrooke with a Master of Commerce, where he met his future wife, Claire, daughter of Joseph-Armand Bombardier. This is a space where subscribers can engage with each other and Globe staff. Articles, timelines & resources for teachers, students & public. Mr. Beaudoin expressed confidence the company would continue to deliver strong results and evolve with Mr. Boisjoli as chairman and CEO. “Although we believe some macro-concern is warranted, the data we track continues to be supportive of the power sports market,” he said. Beaudoin joined his father-in-law in the family snowmobile business in 1963, and became President at the age of 27 upon Bombardier’s death. Born 30 May 1817 in Upper Canada. The changes are expected to take effect at the annual meeting of investors next month. Readers can also interact with The Globe on Facebook and Twitter . The transition highlights the extent to which BRP’s controlling shareholders – U.S. private equity firm Bain Capital and the family of company founder Joseph-Armand Bombardier – have faith in Mr. Boisjoli. Thank you for your patience. Employing 40,000 people worldwide, Bombardier became a leader in mass transit, aerospace, and motorized consumer products. He graduated from the UniversitÃ© de Sherbrooke with a Master of Commerce, where he met his future wife, Claire, daughter of Joseph-Armand Bombardier. Mr. Beaudoin’s son Pierre will join the BRP board, a regulatory filing shows. Click here to subscribe. Although he is stepping down from active duty, Mr. Beaudoin says he will remain a mentor and adviser to the management team. A disciplined entrepreneur and strategist, Beaudoin is known for his motto: “Never be stagnant – if you stop to think about the plateau you’ve reached, someone will move ahead of you.”. Biography. The turnaround came in 1970, with the acquisition of the Austrian Tramway company and its railway expertise. Laurent Beaudoin (1817 - abt. Beaudoin personally steered Bombardier into aviation through the acquisition of financially ailing companies such as Canadair, Short Brothers PLC of Belfast, Learjet, and de Havilland Aircraft. After just five years of Laurent’s unique leadership, Bombardier annual revenues increased from 8 million to 74 million dollars. “The stock appears to be already pricing in an economic slowdown,” National Bank of Canada analyst Cameron Doerksen said in a note published March 22. In, Fontaine, Myriam, and Laurier Cloutier, "Laurent Beaudoin". Laurent Beaudoin is the recipient of numerous national and international awards, among them: the Ernst & Young Lifetime Achievement Award (Quebec, October 2000), and Entrepreneur of the Year awarded by the Canadian Youth Business Foundation.