CAE, a provider of military simulation products and training services, has promoted Stéphane Lefebvre to vice president, finance and chief financial officer (CFO). Lefebvre replaces Alain Raquepas, who is leaving the company. Lefebvre joined CAE as structured finance manager in 1997 and became a director in 2000.
Over the years, Lefebvre has held senior posts with responsibilities in the UK, Australia and Canada. In 2005, he was named vice president, finance, military, and, later in the year, he added the responsibility of the civil simulation products segment.
Lefebvre sits on a number of CAE boards including Rotorsim, a consortium held by CAE, and AgustaWestland, a Finmeccanica company. He is also on the board of The Helicopter Academy to Train by Simulation of Flying (HATSOFF), a joint venture of Hindustan Aeronautics Limited (HAL) of India and CAE.
Lefebvre has more than 20 years of experience in accounting and finance and has been a chartered accountant (CA) since 1992. He has a Bachelor of Commerce degree from Montreal’s École des Hautes Études Commerciales where he was a visiting lecturer for over seven years. Prior to joining CAE, Lefebvre was with Price Waterhouse (now PricewaterhouseCoopers (PwC)) where he practiced in audit and financial advisory services, including business valuations and mergers and acquisitions (M&As).
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