The Globe and Mail reports in its Tuesday edition that Matthew Bromberg, 55, a former submarine commander in the U.S. Navy, took over as CAE's chief executive officer Aug. 13. The Globe's Nicolas Van Praet writes that Mr. Bromberg is the first American to lead CAE as CEO in its 78-year history and expectations are high for his performance. Activist fund manager Browning West was instrumental in shaking up CAE's management, and the fund manager's co-founder Usman Nabi says CAE is expected to double its earnings per share over the next three to four years. "I view it as an international company that's in Montreal," Mr. Bromberg told The Globe. "It is extremely well respected in the commercial business, civil aviation space. We have relationships with the top 300 airlines around the world. We have relationships with every airframe manufacturer. And we sell more flight simulators than anyone else. But what got me even more interested was the defence side, which is where I've spent half my career. We're in this generational increase in defence spending, and CAE's got a fantastic defence business. Now having been here, I see a lot more that even further excites me about it: the team, the technology, the footprint."