André Desmarais | |
---|---|
Born |
Ottawa, Ontario, Canada |
October 26, 1956
Nationality | Canadian |
Occupation | Businessman |
André Desmarais, OC, OQ, BA, LLD (born October 26, 1956 in Ottawa, Ontario) is a Canadian businessman, whose hometown is Montreal, Quebec.
He is one of two sons of Paul Desmarais, Sr. and Jacqueline (Maranger) Desmarais. Born in Ottawa, Ontario, he attended Lakefield College School in Ontario for two years, then Selwyn House School. Desmarais is a graduate of Concordia University in Montreal (BComm 78, LLD 07).
André Desmarais is currently Deputy Chairman, President and Co-Chief Executive Officer of the company his father took control of in 1968, Power Corporation, based in Montreal, Quebec, Canada. He is also Executive Co-Chairman of Power Financial. Power Corporation is a diversified management and holding company, which has holdings in leading financial services and the communications sector. Through its European-based affiliate Pargesa group, Power Corporation holds significant positions in major media, energy, water, waste services, and specialty minerals companies. Power Corporation also has diversified interests in Asia.
Desmarais began his career at Campeau Corporation in 1979. From 1980 to 1981, he was Special Assistant to the Minister of Justice of Canada. He was Executive Assistant to the Chairman and Chief Executive Officer of Power Corporation of Canada between 1981 and 1982, at which time he became an institutional investment counsellor at Richardson Greenshields of Canada. In 1983, Desmarais returned to Power Corporation of Canada. In 1984, he was appointed President and Chief Operating Officer of Gesca ltée and Chairman and Chief Executive Officer of Power Broadcasting Inc., in 1988. In 1991, he became President and Chief Operating Officer of Power Corporation of Canada. In 1994, he was named Chairman of Power Pacific Corporation Limited; Director and Member of the Executive Committee of Power Corporation of Canada and Power Financial Corporation. In 1996, Desmarais was appointed President and Co-Chief Executive Officer of Power Corporation of Canada and Deputy Chairman of Power Financial Corporation. In May 2008, he was also appointed Deputy Chairman of Power Corporation of Canada and became Co-Chairman of Power Financial Corporation.