Photo: MDA Space

MDA Space has hired Guillaume Lavoie to the role of chief financial officer (CFO), the company announced Monday. Lavoie joins MDA Space from global food manufacturer Sofina Foods, where he served as executive vice president and CFO. 

Lavoie has experience with both large publicly traded and privately owned companies. He has worked for Pratt and Whitney, Bombardier, Bombardier Transportation, and global automotive supplier Woodbridge Group. 

MDA is going through a period of growth while executing on the Telesat Lightspeed constellation contract. The manufacturer is currently working to double its satellite manufacturing capability in Quebec. 

“With our continued growth and increased customer demand for the full range of MDA Space capabilities and products, Guillaume’s deep capital markets and financial management experience will help drive ongoing value creation for MDA Space shareholders,” commented MDA Space CEO Mike Greenley. 

Lavoie succeeds former MDA Space CFO Vito Culmone, who left the company for a sustainability consulting company Stantec in July.