Éric Martel is leaving Hydro-Québec to take over as president and CEO of Bombardier, according to a report published in La Presse. He will replace Alain Bellemare, the CEO and president of the company, who was hired five years ago with the hope of turning Bombardier around.

Martel was named president of Hydro-Québec under the Quebec Liberal government of Philippe Couillard in 2015 and prior to that worked for Bombardier as the president of their business aircraft division.

The Quebec government was on its way to renewing Martel’s five year term until word spread early this week that he was leaving, La Presse reported.

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