Power Financial Corp (POFNF.PK) People | Reuters.com
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Power Financial Corp (POFNF.PK)

POFNF.PK on OTC Markets Group

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24 Jun 2016
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Summary

Name Age Since Current Position

Andre Desmarais

58 2008 Executive Co-Chairman of the Board

Paul Desmarais

61 2008 Executive Co-Chairman of the Board

R. Jeffrey Orr

56 2005 President, Chief Executive Officer, Director

Amaury de Seze

70 2012 Vice Chairman

Michel Plessis-Belair

74 2012 Vice Chairman

Henri-Paul Rousseau

66 2013 Vice Chairman

Gregory Tretiak

60 2012 Chief Financial Officer, Executive Vice President

Claude Genereux

2015 Executive Vice President

Arnaud Vial

63 Senior Vice President

Stephane Lemay

2012 Vice President, General Counsel, Secretary

Denis Le Vasseur

2004 Vice President, Controller

Olivier Desmarais

2014 Vice President

Paul Desmarais

33 2014 Vice President

Richard Pan

2008 Vice President

Luc Reny

Vice President

Philippe Martin

2015 Treasurer

Isabelle Morin

2015 Treasurer

Sacha Haque

2013 Assistant Secretary, Senior Legal Counsel

Marc Bibeau

56 2009 Independent Director

Gerald Frere

65 1990 Independent Director

Anthony Graham

58 2001 Independent Director

V. Peter Harder

63 2009 Independent Director

J. David Jackson

68 2013 Independent Director

Louise Roy

67 2010 Independent Director

Raymond Royer

76 1986 Independent Director

T. Timothy Ryan

69 2014 Independent Director

Emoke Szathmary

1999 Independent Director

Biographies

Name Description

Andre Desmarais

Mr. Andre R. Desmarais is Executive Co-Chairman of the Board of Power Financial Corporation. Mr. Desmarais is Deputy Chairman, President and Co-Chief Executive Officer of Power. Prior to joining Power in 1983, he was Special Assistant to the Minister of Justice of Canada and an institutional investment counsellor at Richardson Greenshields Securities Ltd. He has held a number of senior positions with Power group companies and was named President and Co-Chief Executive Officer of Power in 1996. Mr. Desmarais is a Director of many Power Financial group companies in North America, including Lifeco, Great-West, Great-West Life & Annuity Insurance Company, London Life, Canada Life Financial Corporation, Canada Life, Putnam Investments, LLC, IGM, Investors Group Inc. and Mackenzie Inc. He is also a Director of Power. He is Director and Vice-Chairman of Pargesa in Europe. He was a Director of Bellus Health Inc. until 2009 and of CITIC Pacific Limited in Asia until 2014. Mr. Desmarais is Honorary Chairman of the Canada China Business Council and is a member of several China-based organizations. Mr. Desmarais is active in a number of cultural, health and other not-for-profit organizations. In 2003, he was named an Officer of the Order of Canada and, in 2009, he was named an Officer of the National Order of Québec. He has received Doctorates Honoris Causa from Concordia University, Université de Montréal and McGill University. Mr. Desmarais is a trustee of the Desmarais Family Residuary Trust.

Paul Desmarais

Mr. Paul Desmarais, Jr., is Executive Co-Chairman of the Board of Power Financial Corporation. Mr. Desmarais is Co-Chairman of the Corporation and Chairman and Co-Chief Executive Officer of Power. Prior to joining Power in 1981, he was with S.G. Warburg & Co. in London, England, and with Standard Brands Incorporated in New York. He was Chairman of the Board of the Corporation from 1990 to 2005, Vice- Chairman from 1989 to 1990 and President and Chief Operating Officer from 1986 to 1989. He was named to his present position with Power in 1996. Mr. Desmarais is a trustee of the Desmarais Family Residuary Trust.[5] Mr. Desmarais is a Director of many Power Financial group companies in North America, including Lifeco, Great-West, Great-West Life & Annuity Insurance Company, London Life, Canada Life Financial Corporation, Canada Life, Putnam Investments, LLC, IGM, Investors Group Inc. and Mackenzie Inc. He is also a Director of Power. In Europe, he is Chairman of the Board and Executive Director of Pargesa, Vice-Chairman of the Board of Groupe Bruxelles Lambert, and Director of GDF Suez, Total SA, Lafarge SA and SGS SA. He was Vice-Chairman of the Board and a Director of Imerys until 2008. Mr. Desmarais is a member of the Advisory Council of the European Institute of Business Administration (INSEAD), a Trustee of The Brookings Institution (Washington), a Co-Chair of the Brookings International Advisory Council, a member of the Global Board of Advisers of the Council on Foreign Relations (New York), the Chairman of the Canadian Council of Chief Executives and a member of the Global Advisory Council of Harvard University (Boston). He is also involved in a number of charitable and community activities. He was named an Officer of the Order of Canada in 2005, an Officer of the National Order of Québec in 2009 and Chevalier de la Légion d’honneur in France in 2012. He has received Doctorates Honoris Causa from Université Laval, Université de Montréal and McGill University.

R. Jeffrey Orr

Mr. R. Jeffrey Orr is President, Chief Executive Officer, Director of Power Financial Corporation, since May 2005. From May 2001 until May 2005, he was President and Chief Executive Officer of IGM. Prior to joining IGM, he was Chairman and Chief Executive Officer of BMO Nesbitt Burns Inc. and Vice-Chairman, Investment Banking Group of the Bank of Montreal. Mr. Orr had been with BMO Nesbitt Burns Inc. and predecessor companies since 1981. Mr. Orr is a Director of Power and is also a Director, the Chairman of the Board and the Chairman or a member of various Board committees of IGM, Investors Group Inc., Mackenzie Inc., Lifeco, Great-West, Great-West Life & Annuity Insurance Company, London Life, London Insurance Group Inc., Putnam Investments, LLC, Canada Life Capital Corporation, Canada Life Financial Corporation, Canada Life and The Canada Life Insurance Company of Canada. He is also a Director of PanAgora Asset Management Inc. Mr. Orr is active in a number of community and business organizations.

Amaury de Seze

Mr. Amaury de Seze is Vice Chairman of Power Financial Corporation. Until May 2010, he was Director of Power from May 2001 and one of its Vice-Chairmen from March 2008. He was Chairman of PAI partners, a management company of private equity funds, from 1998 until 2007. He was a member of the Executive Committee of BNP Paribas, one of Europe’s banks, until 2004. He serves on the Board of Directors of several European-based companies, including Carrefour S.A., where he is Chairman of the Board, Publicis S.A., Suez Environnement Company, Imerys S.A., Thales S.A., Groupe Bruxelles Lambert and Pargesa. He joined the Paribas group in 1993 as a member of the Management Board of Banque Paribas and Compagnie Financière de Paribas and, prior to that, he held senior positions with the Volvo Group, including as a member of the Group’s Management Board of AB Volvo in Sweden. He was a Director of Eiff age S.A. until 2008.

Michel Plessis-Belair

Mr. Michel Plessis-Belair is Vice Chairman of Power Financial Corporation since May 14, 2012. Previously he was Executive Vice-President and Chief Financial Officer of the Corporation and Vice-Chairman and Chief Financial Officer of Power until January 2008. Before joining Power 1986, he was Executive Vice-President and Director of Société générale de financement du Québec and, prior to that, Senior Vice-President of Marine Industries Limited. He is a Director of several Power Financial group companies in both North America and Europe, including Lifeco, The Great-West Life Assurance Company, Great-West Life & Annuity Insurance Company, London Life Insurance Company, Canada Life Financial Corporation, The Canada Life Assurance Company, Crown Life Insurance Company, IGM, Investors Group Inc., Mackenzie Inc., Pargesa and Groupe Bruxelles Lambert. He is also a Director of Power, Lallemand Inc., the Université de Montréal and Hydro-Québec, and he is on the International Advisory Board of École des hautes études commerciales of Montréal.

Henri-Paul Rousseau

Mr. Henri-Paul Rousseau, Ph.D., is Vice Chairman of the Power Financial Corporation. He was previously President and Chief Executive Offi cer of the Caisse de dépôt et placement du Québec from May 2005 to May 2008 and Chairman and Chief Executive Offi cer from September 2002 to April 2005. Prior thereto, he was President and Chief Executive Offi cer of the Laurentian Bank of Canada from 1994 to 2002, Vice-Chairman, President and Chief Executive Offi cer of Boréal Assurances Inc. from 1992 to 1994 and Vice-President of the National Bank of Canada from 1986 to 1992. Mr. Rousseau was a professor of economics at the Université Laval from 1975 until 1986 and at the Université du Québec à Montréal from 1973 until 1975. He is a Director of Power. He is also a Director of several Power Financial group companies, including Lifeco, The Great-West Life Assurance Company, Great-West Life & Annuity Insurance Company, London Life Insurance Company, Canada Life Financial Corporation, The Canada Life Assurance Company, Crown Life Insurance Company, IGM, Investors Group Inc., Mackenzie Inc. and Putnam Investments, LLC. As well, he is a member of the Board of Directors of the Global Financial Markets Association. Mr. Rousseau has received Doctorates Honoris Causa from Concordia University, the Université Lumière Lyon 2 (France), the Université Laval and the Université de Sherbrooke. He is active in number of community and not-for-profi t organizations.

Gregory Tretiak

Mr. Gregory D. Tretiak is Chief Financial Officer, Executive Vice President of Power Financial Corporation, with effective May 2012. Mr. Tretiak has been with IGM Financial Inc. (a subsidiary of the Corporation) for 24 years and is currently Executive Vice-President and Chief Financial Officer, a position he has held since 1999. Mr. Tretiak will also join Power Corporation of Canada, as Executive Vice-President and Chief Financial Officer.

Claude Genereux

Mr. Claude Genereux is Executive Vice President of Power Financial Corporation. He is also Executive Vice President of Power Corporation of Canada. Previously, senior Director of McKinsey & Company, a global management consulting firm.

Arnaud Vial

Mr. Arnaud Vial is Senior Vice President of Power Financial Corporation. He is Senior Vice President of Power Corporation of Canada. He is Managing Director of the Pargesa.

Stephane Lemay

Mr. Stephane Lemay is Vice President, General Counsel, Secretary of Power Financial Corporation, with effect from August 3, 2012. Mr. Lemay joined Power Corporation of Canada (Power Financial Corporation's parent company) in 2005 as Vice-President, Assistant General Counsel and Associate Secretary and was appointed to the same position at Power Financial Corporation in 2009. Prior to joining Power, he held various executive legal and public affairs positions with companies in the telecommunications and manufacturing sectors. Mr. Lemay began his career as lawyer in a Montreal-based national law firm.

Denis Le Vasseur

Mr. Denis Le Vasseur is Vice-President and Controller of Power Financial Corporation. He is also the Vice President and Controller of Power Corporation of Canada.

Olivier Desmarais

Mr. Olivier Desmarais is Vice President of Power Financial Corporation. He is also Vice-President of Power Corporation of Canada. Previously, he is Director of Business Development at Square Victoria Digital Properties Inc. and Associate at Putnam

Paul Desmarais

Mr. Paul Desmarais III , is Vice President of Power Financial Corporation. He is also the Vice President of Power Corporation of Canada. Previously, Assistant Vice-President in the Risk Management Group of Lifeco since 2012; previously, Project Manager at Imerys

Richard Pan

Mr. Richard Pan is Vice President of Power Financial Corporation. He was previously Executive Director at Goldman Sachs International (UK) in the Global Natural Resources Group from 2006 to 2008.

Luc Reny

Mr. Luc Reny is Vice President of Power Financial Corporation. He is also Vice-President of Power Corporation of Canada.

Philippe Martin

Mr. Philippe Martin is Treasurer of Power Financial Corporation. He is also Treasurer of Power Corporation of Canada. Previously, Senior Financial Analyst of the Corporation and Power.

Isabelle Morin

Ms. Isabelle Morin is Treasurer of Power Financial Corporation . Previously she was Financial Planning Director of Cogeco Inc., a Canadian cable operator, from November 2005, and prior thereto, Financial Planning Director and Internal Auditor of Cogeco Inc. from November 2001.

Sacha Haque

Mr. Sacha Haque is Assistant Secretary, Senior Legal Counsel Power Financial Corporation. He is also Assistant Secretary, Senior Legal Counsel of Power Corporation of Canada. Previously, Senior Legal Counsel of Power

Marc Bibeau

Mr. Marc A. Bibeau is an Independent Director of Power Financial Corporation. Mr. Bibeau is President and Chief Executive Officer of Beauward Shopping Centres Ltd., a privately owned company which develops, leases and operates real estate properties, a position he has held since 1996. He previously held a number of other positions with that company. Mr. Bibeau is a Director of IGM, Investors Group Inc. and Mackenzie Inc. He was previously a Director of Lifeco, Great-West, London Life, Canada Life Financial Corporation and Canada Life until May 2009. Mr. Bibeau is also a member of the Board of Directors of Tennis Canada

Gerald Frere

Mr. Gerald Frere is an Independent Director of Power Financial Corporation. Mr. Frere is Managing Director of Frere-Bourgeois S.A., a financial group based in Belgium. Mr. Frere is Chairman of the Board of Loverval Finance SA (formerly Compagnie Nationale a Portefeuille S.A.) and Vice-Chairman of Pargesa. He is also a Director of ERBE. From 1993 to December 2011, he was Managing Director of Groupe Bruxelles Lambert of which he also became Chairman of the Board on January 1, 2012. He was a Director of Electrabel S.A. from April 2010 to April 2014, of Pernod Ricard from November 2009 to November 2012 and of Lafarge SA from May 2008 to November 2011. Mr. Frere is also Regent of the National Bank of Belgium.

Anthony Graham

Mr. Anthony R. Graham, LL.D., is an Independent Director of Power Financial Corporation. Mr. Graham is Vice-Chairman and a Director of Wittington Investments, Limited (“Wittington Investments”), an investment management company and the principal holding company of the Weston-Loblaw Group. From June 2000 to May 2014, he was President of Wittington Investments. Prior thereto, he held senior positions in Canada and the United Kingdom with National Bank Financial Inc. (formerly Lévesque Beaubien Geoffrion Inc.), a Montréal-based investment dealer. Mr. Graham also serves on the Board of Power. Mr. Graham serves on the Boards of George Weston Limited, Loblaw Companies Limited, Graymont Limited, Brown Thomas Group Limited, Holt Renfrew & Co., Limited, Selfridges & Co. Ltd. and President’s Choice Bank, of which he served as Chairman from February 1999 to May 2014. Mr. Graham also serves as Chairman of the Ontario Arts Foundation and the Shaw Festival Theatre Endowment Foundation. He is also a Director of the Art Gallery of Ontario, the Canadian Institute for Advanced Research, St. Michael’s Hospital, Luminato and the Trans Canada Trail Foundation. In June 2007, he was awarded an Honorary Doctorate of Laws from Brock University.

V. Peter Harder

Mr. V. Peter Harder, LL.D., is an Independent Director of Power Financial Corporation. Mr. Harder is a Senior Policy Adviser to the law firm Dentons Canada LLP and President of the Canada China Business Council, an association that seeks to facilitate and to promote trade and investment between Canada and China. He is former Deputy Minister of Foreign Affairs, a position that he held from 2003 to 2007. Prior to that, he served as Deputy Minister in a number of other Government of Canada departments. Mr. Harder is a Director of IGM, Investors Group Inc. and Mackenzie Inc. He was a Director of Lifeco and Great-West from May 2007 to May 2009. Mr. Harder is also a Director of Energizer Resources Inc., Northland Power Inc. and Magna International Inc. He is also a member of the United Church Foundation, of the Board of the Institute for Research on Public Policy, of the Commonwealth Games Foundation and Chair of the National Arts Center Governance and Ethics Committee. In 2000, the Governor General presented Mr. Harder with the Prime Minister’s Outstanding Achievement Award for public service leadership. In 2002, Mr. Harder was awarded the Queen Elizabeth II Jubilee Medal for public service. In December 2012, the Governor General presented him with the Queen Elizabeth II Diamond Jubilee Medal in recognition of his significant public contributions to Canada. In 2007, he was awarded an Honorary Doctorate (LL.D.) by the University of Waterloo

J. David Jackson

Mr. J. David A. Jackson, LL.B., is Independent Director of Power Financial Corporation. Mr. Jackson retired as a Partner of the law firm Blake, Cassels & Graydon LLP (“Blakes”) in 2012, and currently serves as Senior Counsel to the firm, providing advice primarily in the areas of mergers and acquisitions and corporate governance. He was the Chairman of Blakes from 1995 to 2001. He was recognized throughout his career as a leading practitioner in the areas of mergers and acquisitions, corporate finance and corporate governance by numerous independent assessment organizations. Mr. Jackson is a Director of Power and of several Power Financial group companies in North America, including Lifeco, Great-West, London Life, Canada Life Financial Corporation and Canada Life. He served as a Director of Investors Group Inc. from 1991 to 2001. Mr. Jackson has also served as a Director of a number of public and private corporations. He was a Director and the Vice-Chairman of the Board of Sunnybrook Health Sciences Centre until June 2011. He holds a Bachelor of Commerce degree from the University of Windsor and a Bachelor of Laws (LL.B.) from Osgoode Hall Law School, and was called to the Bar of Ontario in 1974.

Louise Roy

Mrs. Louise Roy, Ph.D., is an Independent Director of Power Financial Corporation. Mrs. Roy is an invited Fellow at CIRANO, the Centre interuniversitaire de recherche en analyse des organisations since 2003 and, in 2012, she was nominated Chair of the Board. She is also a consultant. She was President of the Conseil des arts de Montréal from 2006 to 2012. Mrs. Roy serves as a Director of Intact Financial Corporation, Montréal International and the Université de Montréal, where she has acted as Chancellor and Chair of the Board since 2007. She also serves as a Director of the Institute of Corporate Directors. During her career, she has been a Director of Provigo Inc. until 1992, the Laurentian Bank of Canada until 1993, Videotron Ltée until 1997, and Domtar Corporation until 2007. She was President and Chief Executive Officer of the Montreal Urban Community Transport Commission until 1992, Executive Vice-President of Air France until 1997, President and Chief Executive Officer of Telemedia Communications Inc. until 2000 and Senior Vice-President of the International Air Transport Association until 2003. She has participated in several fundraising campaigns, including the Université de Montréal and of several other cultural organizations. She was named an Officer of the National Order of Québec in 2009 and of the Order of Canada in 2012.

Raymond Royer

Mr. Raymond Royer is an Independent Director of Power Financial Corporation. Mr. Royer is a Company Director. He was, from 1996 until 2008, President and Chief Executive Officer of Domtar Corporation, a pulp and paper company based in Montréal. Prior thereto, he was President and Chief Operating Officer of Bombardier Inc. Mr. Royer is a Director of several Power Financial group companies in North America, including Lifeco, Great-West, Great-West Life & Annuity Insurance Company, London Life, Canada Life Financial Corporation, Canada Life and Putnam Investments, LLC. Mr. Royer was a Director of Shell Canada Limited until 2007 and of Domtar Corporation until 2009. He is Chairman of the Board of the Research Institute of the McGill University Health Centre and Member of the International Advisory Board of École des hautes études commerciales of Montréal. He is an Officer of the Order of Canada and of the National Order of Québec.

T. Timothy Ryan

Mr. T. Timothy Ryan, Jr., is Independent Director of Power Financial Corporation, effective May 2014. Mr. Ryan is a Company Director. Until October 2014, he was Managing Director, Global Head of Regulatory Strategy and Policy of JPMorgan Chase & Co. (“J.P. Morgan”) a global financial services firm, a position he had held since February 2013. From 2008 to 2013, he was President and Chief Executive Officer of the Securities Industry and Financial Markets Association (“SIFMA”), a trade association representing 680 global financial market participants. Prior to joining SIFMA, he was Vice-Chairman, Financial Institutions and Governments, at J.P. Morgan, where he was a member of the firm’s senior leadership. Prior to joining J.P. Morgan in 1993, Mr. Ryan was the Director of the Office of Thrift Supervision, U.S. Department of the Treasury. Mr. Ryan is a Director of many Power group companies in North America, including Power, Lifeco, Great-West, Great-West Life & Annuity Insurance Company, London Life, Canada Life Financial Corporation and Canada Life, having previously served as a director of the Corporation and of Power from May 2011 to May 2013 and of Lifeco from May 2010 to May 2013. Mr. Ryan is Chairman of the Board of Santander Holdings U.S.A., Inc. and Santander Bank, N.A. He has served as a director of Markit Group Limited from April 2013 to October 2014 and of Lloyds Banking Group from March 2009 to April 2013. He was a private sector member of the Global Markets Advisory Committee for the National Intelligence Council from 2007 to 2011

Emoke Szathmary

Dr. Emoke J. E. Szathmary, Ph.D., is an Independent Director of Power Financial Corporation. Dr. Szathmáry became President Emeritus of the University of Manitoba in 2008. She was named Professor Emeritus in the Department of Anthropology in 2014. From 1996 to 2008, she was President and Vice- Chancellor of the University of Manitoba. She was previously Provost and Vice-President (Academic) of McMaster University in Hamilton and, prior thereto, Dean of the Faculty of Social Science of the University of Western Ontario in London (now Western University). Dr. Szathmáry is a Director of Power and of many Power Financial group companies in North America, including Lifeco, Great-West, London Life, Canada Life Financial Corporation and Canada Life. Dr. Szathmáry also serves on the Board of Directors of several national and provincial educational, research and philanthropic not-for-profit organizations. She has received the Lieutenant Governor’s Medal for Excellence in Public Administration in Manitoba and six Honorary Doctorates. Dr. Szathmáry is a Fellow of the Royal Society of Canada and is a Member of the Order of Canada and of the Order of Manitoba.