Paul Guy Desmarais, Sr

Paul Guy Desmarais, Sr

P.C., C.C., O.Q., C.B.H.F.



Mr. Desmarais acquired control of Power Corporation in 1968 and is presently Chairman of the Executive Committee. He is also a director of Power Financial and Chairman of the Board and Executive Director of Pargesa Holding, an international investment group based in Switzerland. He is also a director of Groupe Bruxelles Lambert. In addition, Mr. Desmarais serves as Director Emeritus of Great-West Lifeco and of IGM Financial, and holds directorships in Square Victoria Communications Group and La Presse ltée.

Mr. Desmarais is a major contributor towards community services, education, and the arts. In 1986, he founded the Société d’Investissement Jeunesse, an initiative offering financing and technical support for young people starting a business. In the 1990s, he served as Honorary Chair of the University of Ottawa’s $226-million Campaign for Canada’s University fundraising campaign. He is Founding Chairman of the Canada China Business Council.

Mr. Desmarais is a member of the Queen’s Privy Council for Canada, a Companion of the Order of Canada, an Officer of the National Order of Québec, a Grand’Croix de l’Ordre national de la Légion d’honneur (France), and a Commandeur de l’Ordre de Léopold II (Belgium). He obtained a Bachelor of Commerce degree from the University of Ottawa, and he holds honorary degrees and distinctions from 13 Canadian universities.

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