Olivier Desmarais

Olivier Desmarais is a Canadian businessman. He is the son of André Desmarais and the grandson of Paul Desmarais and former Canadian Prime Minister Jean Chrétien.

Biography

Desmarais was educated at Selwyn House School[1] for primary and secondary school[2] and holds a Bachelor of Civil Law degree from the University of Ottawa and a Bachelor of Arts in Sociology and Political Science from McGill University.[3]

A member of the Québec Bar since 2009, Desmarais became Vice-President of Power Corporation of Canada and Power Financial in 2014. He has been Chairman of Power Energy Corporation since 2015. Since January 2017, he has been Senior Vice-President of Power Corporation and Power Financial.[4][5][6] In August 2016, the Wall Street Journal stated that Desmarais and his cousin Paul Desmarais III were preparing to take over from their fathers at the head of Power Corporation in a few years.[7][8]

He is a Director of Great-West Life, Investors Group, and Mackenzie.[9] In November 2018, Desmarais was named Chair of the Canada-China Business Council (CCBC).[10]. He is also a board member of the Montreal General Hospital Foundation,[11] and the Canadian Institute for Advanced Research.[12]

References
  1. Politics a great human endeavour, Chrétien tells Selwyn House students
  2. Selwyn House School Yearbook 1999
  3. "Olivier Desmarais, Power Corp of Canada: Profile & Biography". Bloomberg. Retrieved 2018-01-22.
  4. "Power Corporation of Canada | Senior Management". www.powercorporation.com. Retrieved 2018-01-22.
  5. https://www.prnewswire.com/news-releases/power-energy-corporation-acquires-nautilus-solar-energy-from-management-and-virgo-investment-group-300893433.html
  6. https://www.powerenergycorporation.com/en/
  7. Das, Anupreeta; Mackrael, Kim (2016-08-22). "Canada's Desmarais Clan: A New Generation Takes Control". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-01-22.
  8. Jacqueline Nelson, Andrew Willis (December 1, 2017). "The Power Corp. puzzle: Why a Canadian empire is treading water". The Globe and Mail. Retrieved 2018-01-22.
  9. "Olivier Desmarais: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2018-01-22.
  10. "Board of Directors | Canada China Business Council (CCBC)". Canada China Business Council (CCBC). Retrieved 2018-01-22.
  11. "Our Board of Directors - MGH Foundation". Code Life. Retrieved 2018-01-22.
  12. "Leadership Team - CIFAR". www.cifar.ca. Retrieved 2018-01-22.
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