CAE Appoints Gene Colabatistto As New Group President Of Military Simulation Products

CAE announced today the appointment of Gene Colabatistto as its new Group President, Military Simulation Products, Training and Services. Colabatistto, who served in the U.S Marine Corp, will replace Martin Gagne who is retiring after 16 years of service with CAE. Gagne will stay on as a consultant in order to ensure a smooth transition and support a number of key strategic initiatives. "We are very happy to welcome Gene Colabatistto, a highly skilled leader in the defence industry with over 25 years of experience in global markets," said Marc Parent, CAE's President and CEO. "He brings to CAE a strong pedigree, having held senior positions in companies where he achieved strong growth in the US and around the world. His new mandate at CAE will be to continue to grow our presence in our core military markets as well as develop our position in adjacent markets". Before taking on this new role, Colabatistto was President of Olive Group North America, a global, integrated security corporation and before that the President of Space Imaging.