CAE announces appointment of Ryan McLeod as Chief Financial Officer

Rhea-AI Summary

CAE (NYSE: CAE) announced the appointment of Ryan McLeod as Chief Financial Officer, effective February 23, 2026. Mr. McLeod will lead CAE's global finance organization and transition with support from interim CFO Constantino Malatesta to ensure continuity. Mr. McLeod has served as CFO of ATS Corporation since 2020, a company described as a $3 billion automation solutions leader, and will relocate to Montreal for the role.

Positive

• CFO appointment effective February 23, 2026
• New CFO led finance at ATS, a $3 billion company since 2020
• Planned overlap with interim CFO to ensure continuity

Negative

• Management change introduces transition risk around Feb 23, 2026

MONTREAL, Jan. 19, 2026 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE Inc. today announced the appointment of Ryan McLeod, CPA, CA, as Chief Financial Officer (CFO), effective February 23, 2026. In this role, Mr. McLeod will lead CAE's global finance organization and play a key role in driving CAE's strategic growth and operational excellence.

The appointment of Mr. McLeod follows a comprehensive search process. To ensure a seamless transition, Mr. McLeod will work closely with interim CFO Constantino Malatesta, who will continue to assist in maintaining continuity across the team.

"I'm looking forward to partnering with Ryan, who brings strong financial leadership experience from guiding a high-growth, global public company through significant expansion and transformation," said Matthew Bromberg, President and Chief Executive Officer. "His proven track record in driving operational excellence, executing strategic acquisitions, and engaging effectively with the investment community makes him ideally suited to lead CAE's finance organization as we advance our strategic priorities."

Bromberg concluded: "I also want to express my gratitude to Constantino for the extra responsibility he took on and for his support in getting me up to speed since I joined CAE. Constantino provided exceptional leadership, ensured continuity, and delivered strong financial stewardship that positioned CAE for success in a time of change."

Mr. McLeod is an accomplished finance executive recognized for his strategic leadership and ability to drive organizational success. With extensive experience guiding the financial operations of a multi-billion-dollar, publicly traded company, he has been Chief Financial Officer of ATS Corporation, a $3 billion automation solutions leader headquartered in Cambridge, Ontario, since 2020. In this role, he has led the global finance team, shaping financial strategy, and enabling sustainable growth.

Said Mr. McLeod, "I am honoured to join CAE at this exciting time in the company's evolution. CAE's market leadership in civil aviation and defence and security, combined with strong growth fundamentals across its business segments creates tremendous and compelling opportunities. I look forward to working with the talented finance team and broader leadership group to drive operational excellence and support CAE's continued success. I'm also excited to move to Montreal and immerse myself in the culture and all that the city and Quebec have to offer."

About Ryan McLeod

During his 18-year tenure at ATS Corporation, the company experienced exceptional growth. As CFO, Mr. McLeod oversaw revenue growth from $1.4 billion to approximately $3.0 billion, along with margin expansion. He successfully led ATS Corporation's U.S. Initial Public Offering and the execution of 18 strategic acquisitions across North America, Europe and Southeast Asia. Mr. McLeod also strengthened the company's balance sheet through multiple debt issuances totalling over $1 billion. From 2010 to 2020, Mr. McLeod served as Vice President, Corporate Controller at ATS Corporation, where he led external reporting, global controllership, taxation, and developed the company's investor relations strategy. Earlier in his career, he held finance leadership roles at CIBC Mellon and spent four years with Ernst & Young LLP's Audit & Assurance practice.

Mr. McLeod earned his Chartered Professional Accountant and Chartered Accountant designations from the Institute of Chartered Accountants of Ontario and holds an Honours Bachelor of Business Administration from Wilfrid Laurier University. A complete biography for Mr. McLeod is available on CAE's website.

About CAE

At CAE, we exist to make the world safer. We deliver cutting-edge training, simulation, and critical operations solutions to prepare aviation professionals and defence forces for the moments that matter. Every day, we empower pilots, cabin crew, maintenance technicians, airlines, business aviation operators, and defence and security personnel to perform at their best and when the stakes are the highest. Around the globe, we're everywhere customers need us to be with approximately 13,000 employees at around 240 sites and training locations in over 40 countries. For nearly 80 years, CAE has been at the forefront of innovation, consistently seeking to set the standard by delivering excellence in high-fidelity flight simulators and training solutions, while embedding sustainability at the heart of everything we do. By harnessing technology and enhancing human performance, we strive to be the trusted partner in advancing safety and mission readiness—today and tomorrow.

Read our FY25 Global Annual Activity and Sustainability Report. 

Follow us on X/Twitter: @CAE_Inc
Facebook: www.facebook.com/cae.inc
LinkedIn: www.linkedin.com/company/cae
Hashtags: #CAE; #CAEpilot

CAE Contacts:

General Media:
Samantha Golinski, Senior Vice President, Communications 
+1-438-805-5856, samantha.golinski@cae.com

Investor Relations:
Andrew Arnovitz, Senior Vice President, Investor Relations
+1-514-734-5760, andrew.arnovitz@cae.com

View original content:https://www.prnewswire.com/news-releases/cae-announces-appointment-of-ryan-mcleod-as-chief-financial-officer-302664395.html

SOURCE CAE Inc.

FAQ

Who is the new CFO of CAE (NYSE: CAE) and when does he start?

Ryan McLeod will become CAE's CFO, effective February 23, 2026.

What experience does Ryan McLeod bring to CAE (NYSE: CAE)?

He has been CFO of ATS Corporation since 2020 and led finance at a $3 billion public company.

Will CAE have a transition period for the CFO change (NYSE: CAE)?

Yes. Mr. McLeod will work closely with interim CFO Constantino Malatesta to maintain continuity.

Does the CAE CFO appointment require relocation for Ryan McLeod?

Yes. Mr. McLeod said he is excited to move to Montreal for the role.

Who served as interim CFO before Ryan McLeod at CAE (NYSE: CAE)?

Constantino Malatesta served as interim CFO and will assist during the transition.

What will Ryan McLeod focus on as CAE CFO (NYSE: CAE)?

He will lead the global finance organization and support CAE's strategic growth and operational excellence.