MONTREAL – Pierre Karl Peladeau is stepping aside as president and chief executive of Quebecor Inc. and Quebecor Media Inc., but will remain with the companies and oversee corporate strategy.
The new president and CEO of the Quebec-based media giant will be Robert Depatie, who has been president and CEO of Quebecor’s Videotron cable and telecom service since 2003.
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The changes will take effect in May when Quebecor holds its annual meeting in Montreal.
Peladeau will be appointed chairman of the board at Quebecor Media and vice-chairman of the parent company, Quebecor Inc.
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He has been with Quebecor, which was founded by his father, since 1985 and has been president and CEO for the last 14 years.
Serge Gouin, who has been chairman of the Quebecor Media board since the subsidiary’s creation in 1999, will retire.
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