Power Corporation’s senior management team continually strives for excellence in crafting and executing the Corporation’s strategy. The team’s vision, entrepreneurial approach and leadership has resulted in significant value for shareholders over the long term.
Mr. Orr was appointed President and Chief Executive Officer of Power Corporation in February 2020.
He has extensive experience in the financial services industry, including the past two decades in executive positions in Power group companies. He has been President and Chief Executive Officer of Power Financial since 2005. From 2001 to 2005, he was President and Chief Executive Officer of IGM Financial. Prior to joining IGM Financial, he was Chairman and Chief Executive Officer of BMO Nesbitt Burns and Vice-Chair, Investment Banking Group, Bank of Montreal.
He serves as a director of Power Corporation and Power Financial. He is also a director and Chairman of a number of Power Corporation subsidiaries, including Great-West Lifeco, Canada Life, Empower Retirement, Putnam Investments, IGM Financial, IG Wealth Management and Mackenzie. He is also a director of PanAgora Asset Management Inc.
Mr. Orr is active in various community and business organizations. He holds a Bachelor of Arts — Honours Business Administration (HBA) degree from the Richard Ivey School of Business in London, Ontario.
Mr. Lefebvre is Vice-Chairman, Europe of Power Corporation. He is also a founding partner and the Chairman of the Investment Committee of the European firm Sagard Private Equity Europe, part of Power Corporation’s alternatives investment platforms.
He joined Power Corporation in 1992 when he became its representative in Europe, playing a significant role in the financial and industrial transformation of Pargesa, the European investment arm of Power. Over the years, he sat on the boards of directors of group companies such as Imerys, Parfinance, RTL Group, Suez-Tractebel, Kartesia, AFE, Orior Food.
After serving as Vice-Chairman of Pargesa until November 2020, when Pargesa’s reorganization was completed, he remains a member of the board of Pargesa and Groupe Bruxelles Lambert.
Mr. Lefebvre has over 40 years of industrial and financial experience with numerous prominent organizations. He began his career in 1980 with Arthur Andersen in Montréal, before moving to Europe in 1982. He joined the Canadian manufacturing group M.I.L. Inc. in 1986, where he held a number of senior executive positions, whilst also assuming until 1991 the Chief Executive Officer role at Vickers Inc., one of the group’s larger operating units.
Mr. Lefebvre graduated from the École des Hautes Études Commerciales (HEC) in Montréal. He is a member of the Quebec Order of Chartered Professional Accountants.
Mr. Plessis-Bélair has been Vice-Chairman of Power Corporation since 2008. He was Vice-Chairman of Power Financial from 2012 until 2020. Previously, he was Vice-Chairman and Chief Financial Officer of Power Corporation and Executive Vice-President and Chief Financial Officer of Power Financial.
He is a director of Power Sustainable. He was a director of Lallemand Inc. until June 2017, of Pargesa until May 2017, of Groupe Bruxelles Lambert until April 2017, and of Great-West Lifeco, Canada Life and Empower Retirement until 2016.
Mr. Plessis-Bélair was a Fellow of the Quebec Order of Chartered Professional Accountants until March 2019. He holds a degree in Business and Accounting and a Master of Business from HEC, an MBA from Columbia University, and a Bachelor of Arts from Université de Montréal.
Mr. de Seze has been Vice-Chairman of Power Corporation since 2020. Previously, he was Vice-Chairman of Power Financial from 2010 to 2020. He is Honorary Chairman PAI partners, a private equity fund management company, of which he was President and Chief Executive Officer from 1997 to 2006 and a director from 2009 to 2019. He was a member of the Executive Committee of BNP Paribas, one of Europe’s largest banks, until 2004.
He serves on the boards of directors of Sienna Capital et Compagnie Nationale à Portefeuille. He is a member of the International Advisory Board of Hakluyt & Company. He joined the Paribas group in 1993 as a member of the Management Board of Banque Paribas and Compagnie Financière de Paribas. Before that, he held senior positions with Volvo Group, including as a member of the Management Board of AB Volvo in Sweden. He served as a director of Power Corporation from 2001 to 2010 and of Power Financial from 2010 to 2012. He was also a director of Thales (from 2009 to 2013), Publicis (from 1998 to 2016), Imerys (from 2009 to 2016), Carrefour (from 2005 to 2017), Pargesa (from 2001 to 2020, when Pargesa’s reorganization was completed) BW Group (until 2021) and Groupe Bruxelles Lambert (from 1994 to 2021).
Mr. de Seze serves on the board of the Fondation Un Avenir Ensemble in France, whose mission is to assist students from economically disadvantaged environments and to facilitate first-time employment.
In 1991, he was named a Chevalier de l’Ordre national du Mérite (France) and, in 1996, an Officier de l’Ordre national de la Légion d’honneur (France). Mr. de Seze holds a degree from the Centre de Perfectionnement dans l’Administration des Affaires (CPA) in France, and he studied at the Stanford Graduate School of Business.
Mr. Tretiak has been Executive Vice-President and Chief Financial Officer of Power Corporation and Power Financial since 2012. He is a director of a number of Power Corporation subsidiaries, including Great-West Lifeco, Canada Life, Empower Retirement, Putnam Investments, PanAgora Asset Management, IGM Financial, IG Wealth Management and Mackenzie.
Mr. Tretiak joined Investors Group in 1988 and was Executive Vice-President and Chief Financial Officer of IGM Financial until 2012. In this role, he was responsible for all financial functions at IGM Financial and its subsidiaries.
He holds a Bachelor of Arts in Economics and Political Science from the University of Winnipeg and is a Chartered Accountant, a Fellow of the Institute of Chartered Accountants of Manitoba and a Certified Financial Planner.
Throughout his career, Mr. Tretiak has been an active member in professional industry groups including the Institute of Chartered Accountants, Financial Executives International, the Certified Financial Planners, and the Institute of Internal Auditors. He has served with national organizations such as the Investment Funds Institute of Canada, the Canadian Chamber of Commerce Economic and Taxation Committee and the Canadian Institute of Chartered Accountants.
Mr. Tretiak is actively involved in a number of community-based organizations.
Mr. Généreux has been Executive Vice-President of Power Corporation since 2015. He was Executive Vice-President of Power Financial from 2015 to 2020. He is a Director of Great-West Lifeco, Canada Life, Empower Retirement, Putnam Investments, IGM Financial, IG Wealth Management, Mackenzie and Groupe Bruxelles Lambert.
Mr. Généreux is Senior Partner Emeritus of McKinsey & Company, a global management consulting firm. During his 28 years with the firm, he focused on serving leading global companies in the Financial Services, Energy and Resources sectors. He has held various leadership positions including Global Sector Leadership in energy, Office Leadership in Montréal, Global Personnel Committees for partner election and evaluation, and Global Recruiting for Advanced University Degrees candidates. Mr. Généreux helped launch McKinsey’s office in Montréal in 1991 and was also posted in its Paris, Toronto and Stockholm offices.
He serves as the Vice-Chair of the Board of Governors at McGill University and is a Board member of the Jeanne Sauvé Foundation, the Loran Scholars Foundation and the Rhodes Scholarships in Canada. He has received the Queen Elizabeth II Golden Jubilee Medal for outstanding and exemplary contributions to his community.
Mr. Généreux graduated from McGill University and Oxford University, where he studied as a Rhodes Scholar.
Mr. Desmarais has been Senior Vice-President of Power Corporation since 2017. Mr. Desmarais is the driving force behind the Power Sustainable vision as a global, sustainability-led alternative asset manager.
He chairs the Canada China Business Council (CCBC) and also sits on the boards of directors of Canada Life, IG Wealth Management, Mackenzie and Lumenpulse.
He is actively engaged in the community as member of the Montreal General Hospital Foundation and the Canadian Institute for Advanced Research.
Mr. Desmarais holds a Bachelor of Civil Law from the University of Ottawa, a Bachelor of Arts in Sociology and Political Science from McGill University, and has been a Québec Bar member since 2009.
Mr. Desmarais has been Senior Vice-President of Power Corporation since 2017. He acts as the Chairman and CEO of Sagard Holdings, the Executive Chairman and co-founder of Portag3 Ventures, and the Chairman and co-founder of Diagram. Within the investment portfolios of Portag3 Ventures and Sagard Holdings, he is the Chairman of Wealthsimple and Dialogue, and a director of Koho and Grayhawk Investment Strategies. He currently sits on the boards of Groupe Bruxelles Lambert and Imerys. He is an observer on the board of directors of Nesto. Previously, he served on the boards of Canada Life, IG Wealth Management and Mackenzie. From 2017 to 2020, he was Senior Vice-President at Power Financial. He was also a member of the board of Pargesa until November 2020, when Pargesa’s reorganization was completed.
Before joining Power as Vice-President in May 2014, he was Assistant Vice-President in the Risk Management Group of Great-West Lifeco beginning in 2012. Previously, he worked in supply chain management and corporate strategy at Imerys in France. He began his career in 2004, working for five years with Goldman Sachs in the United States, in the Investment Banking and Investment Strategy Groups, as well as in the Special Situations Group.
Mr. Desmarais is the Founder and Honorary Chairman of Young Canadians in Finance, which provides young professionals working in the private and public financial sectors an exclusive network that enables them to assume leading roles in this field. He now sits on the board of Alpine Canada and the Glenbow Museum. He sits on the board of the BlackNorth Initiative, a program created by a coalition of Canadian business leaders to fight anti-Black systemic racism in Corporate Canada. He also co-founded the Black Wealth Club. He is a member of the Board of Directors of Endeavor Canada, the world’s leading community of high-impact entrepreneurs. In addition, after sitting on the Board of Directors of Next Canada, an organization that fast tracks the development of Canada’s most talented young innovators, turning them into the country’s outstanding future business leaders and innovators, he now chairs the Next Canada Emeritus Board of Advisors. Previously, Mr. Desmarais served as Co-Chair of the True Patriot Love 2014 Arctic Expedition to the Magnetic North Pole and as Chair of the Kenojuak Cultural Centre and Print Shop campaign. He received the Business for the Arts Arnold Edinborough Award for this work. In 2000, he was awarded the Duke of Edinburgh’s Award (Gold Level).
Mr. Desmarais is the recipient of a Bachelor of Arts degree in Economics from Harvard College (graduating cum laude) and he holds a Master in Business Administration from INSEAD in France.
In 2017, Mr. Desmarais was named one of Canada's Top 40 Under 40.
Mr. Genest has been Senior Vice-President of Power Corporation since 2016. He was Senior Vice-President of Power Financial from 2016 until 2020.
His background includes government, academia and business. He served in a number of portfolios as a Deputy Minister in the Ontario Government, including Intergovernmental Affairs, Francophone Affairs and also Deputy Minister responsible for the Pan Am and Parapan Am Games held in Toronto in 2015.
He served in the federal government as Director of Policy and Research for Prime Minister Jean Chretien. He also served as Chief Executive Officer of the Council of Ontario Universities and as Assistant Vice-President of Bell Canada. He was an Assistant Professor of Philosophy at Union College, Schenectady, N.Y., and been an Adjunct Professor at Glendon College, York University.
Mr. Genest is an active volunteer with the Nature Conservancy of Canada, and is the incoming Chair of the Board, Ontario Region. He also sits on the Board of the National Gallery of Canada Foundation, and is a Board member of Business for the Arts and the Canadian Chamber of Commerce. He also volunteers with the Pine River Institute which provides residential treatment for youth with mental health and substance issues.
A champion of diversity, he has been honored for his advocacy for the rights of the LGBTQ community. He is a recipient of the Queen Elizabeth II Diamond Jubilee Medal.
Mr. Genest holds a B.A., Honors (cum laude) in English and Philosophy from the University of Guelph, an M.A. in Philosophy from the University of Ottawa, and a Ph.D. in Philosophy from The Johns Hopkins University. He is a graduate of the Advanced Management Program at Harvard Business School where he was the Valedictorian, and has also completed the Rotman School of Management, Institute of Corporate Directors - Directors Education Program.
Mr. Breton has been Vice-President of Power Corporation since 2020. He is a leader in the finance and corporate strategy teams and focuses on value creation initiatives across the group.
Prior to joining the Power group in 2015, Mr. Breton was Vice-President, Global Strategy and Corporate Development at Aimia where he was responsible for partnerships and corporate strategy. Before that, he worked at McKinsey & Company where he served various financial institutions.
Mr. Breton holds a Master of Business Administration degree from INSEAD and a Bachelor degree in engineering from École Polytechnique in Montréal.
Mr. Le Vasseur joined the Power group of companies in 1992 and currently serves as Vice-President and Controller of Power Corporation and of Power Financial. His responsibilities include financial reporting, budgeting, taxation and information technology.
Mr. Le Vasseur began his career in 1982 with Touche Ross, a predecessor firm of Deloitte & Touche, specializing in the audit of large holding companies. He also worked on various consulting assignments in the field of mergers and acquisitions.
Mr. Le Vasseur earned a Bachelor of Science in Mathematics and an MBA from McGill University, and obtained his Chartered Accountant designation in 1985. In 2020, Mr. Le Vasseur received the prestigious title of Fellow from the Order of Chartered Professional Accountants of Quebec (FCPA). This title formally recognizes those members whose achievements in their careers or in the community have earned them distinction and brought honor to the profession. He serves on the board of directors of the On the Tip of the Toes Foundation, an organization that helps teenagers living with cancer regain their self-esteem and sense of pride through wilderness adventure therapy.
Mr. Lemay has been Vice-President, General Counsel, and Secretary of Power Corporation and Power Financial since 2012. Mr. Lemay joined Power Corporation as Vice-President, Assistant General Counsel, and Associate Secretary in 2005 and assumed the same position at Power Financial in 2009. He is also responsible for corporate social responsibility initiatives at both companies, in addition to being the media spokesperson.
Mr. Lemay began his career with the law firm Byers Casgrain, now Dentons, where he worked in commercial litigation for five years. He subsequently held the position of Policy Advisor, Economic Development, in the Office of the Prime Minister of Canada from 1997 to 1999. Mr. Lemay then returned to the private sector in Montréal, serving in a number of executive positions in legal, regulatory and public affairs with companies within the Telesystem Group. He then joined Gildan Activewear Inc., a leading sportswear manufacturer, where he was Vice-President of Public and Legal Affairs and Secretary until 2005.
Mr. Lemay is active in a number of not-for-profit organizations and community initiatives. He is a member of the Board and Secretary of the Society for the Celebrations of the 375th Anniversary of Montréal and a member of the Board of Dis-moi.
Mr. Liu has been Vice-President of Power Corporation since 2011. He oversees Power Corporation’s business development in Asia, where the company currently has a number of investments. Mr. Liu joined Power Corporation in 1995 and has since held various positions, most recently as Financial Analyst and Director of Asian Affairs. Prior to joining Power Corporation, Mr. Liu worked with China CITIC Group in Beijing.
Mr. Liu sits on the boards of directors of Power Pacific Investment Management and of Power Pacific (Shanghai) Investment Management.
Mr. Liu obtained a Bachelor of Arts degree in Nanjing, China, earned an MBA from McGill University, and is a CFA charter holder.
He serves as a member of the board of governors for the Jiuding Scholarship Program dedicated to Chinese students studying in Canada, and is a member of the board of directors of the Montreal Chinese Hospital Foundation. He is also actively involved in supporting the development of cultural programs to promote local Chinese communities in Canada.
Mr. Pan has been Vice-President and Head of Corporate Finance of Power Corporation since 2008 and is a leader in the finance and corporate strategy teams. He was Vice-President of Power Financial from 2008 until 2020.
Before joining Power, Mr. Pan was an Executive Director in Investment Banking with Goldman Sachs International based in London, England. In this capacity, he specialized in Energy and Private Equity and was a member of the Global Natural Resources group. He was previously a member of the U.K. Advisory group, specializing in mergers & acquisitions.
Mr. Pan is a Rhodes Scholar and holds a Master of Philosophy in International Relations from Balliol College at Oxford University and a Bachelor of Arts (Honours) in Economics from the University of Western Ontario. His secondary school education was at the University of Toronto Schools.
Mr. Pan is active in the community, with particular interests in education and the arts. He is the Canadian National Secretary to the Rhodes Trust, Chair of Rhodes Scholarships in Canada (RSC), and a Director of the Canadian Rhodes Scholars Foundation. He also serves on the Board of Directors of Desautels Capital Management, the Opéra de Montréal and the Centaur Theatre.
Mr. Piché has been Vice-President at Power Corporation since 2017. He has been focusing on trends likely to impact the strategies of the Power group companies and their regulatory and public policy environment, notably in Canada, since 2010. He coordinates strategic research and dissemination activities. He was Vice-President of Power Financial until February 2020.
Previously, Mr. Piché was Vice-President, Investment Strategies, in the Private Equity group of Caisse de dépôt et placement du Québec, where he was responsible for recommending strategies related to the active management of the group’s investment portfolios. Before that, Mr. Piché was a Vice-President of SNC-Lavalin Capital, a wholly-owned subsidiary of SNC-Lavalin inc., a major Canadian engineering-construction company. He began his career in finance and investment in Germany, where he worked for Bayerische Vereinsbank AG, now UniCredit Bank AG.
He is a member of the boards of CIRANO and of Finance Montréal since 2018, of FP Canada since 2019 and of Montréal International since 2020.
Mr. Piché holds a Bachelor of Applied Sciences in Engineering Physics from Université Laval (Quebec City) and a Master of Arts in Philosophy, Politics and Economics from Oxford University, where he was a Rhodes Scholar.
Mr. Piché is actively involved in the community, notably as President of the Board of the Foundation of the Oratoire Saint-Joseph du Mont-Royal.
Mr. Reny has been Vice-President of Power Corporation since 2005. Currently, he is responsible for human resources and compensation matters as well as real estate management and various aspects of Power’s operations. He was Vice-President of Power Financial from 2009 until 2020. He joined Power Corporation in 1989 as a financial analyst and was subsequently named Executive Assistant to the President. In 1995, he was appointed Director of Administration.
He began his career in 1983 at the Caisse de dépôt et placement du Québec, where he worked as a financial analyst in the Asset Management and Equity Markets departments until 1989.
He is President of Square Victoria Real Estate Inc. and is also a member of the board of Liberty Springs.
Over the years, he has participated in many fundraising activities for various charitable organizations. He currently serves as the Chairman of the board of the Fondation Armand-Frappier and is also a member of the boards of the Fondation Baxter & Alma Ricard and the Fondation OLO.
Mr. Reny holds a Bachelor of Commerce from Université Laval and an Executive MBA from Université de Sherbrooke. He earned his Chartered Financial Analyst (CFA) designation from the CFA Institute in Virginia, United States. In February 2017, he also obtained the certification Chartered Director (C.Dir.) from The Directors College.