Q: Do you think the change on the Board of Directors for CAE is positive, negative, or neutral? See news release "CAE announces changes to its Board of Directors."
Many thanks.
Many thanks.
5i Research Answer:
We view view it as neutral, however, the change was likely in result to some of the company's weaker operations as of late. Shaking up the board and bringing in new eyes could be beneficial in the future as CAE is navigating some challenges in its defense segment.