Olivier Desmarais

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Olivier Desmarais
NationalityCanadian
OccupationBusinessperson
EmployerPower Corporation of Canada
Power Financial Corporation
Parent(s)Andre Desmarais
France Chrétien Desmarais
RelativesJean Chrétien (Grandfather)
Paul Desmarais (Grandfather)
Paul Desmarais Jr. (Uncle)
Paul Desmarais III (Cousin)

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. Desmarais is Chairman and CEO of Power Sustainable Capital, a global sustainability-led alternative asset manager.  Since 2017, he is Senior Vice-President of Power Corporation of Canada.[1]

Biography[]

Desmarais was educated at Selwyn House School[2] for primary and secondary school[3] 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.[4]

A member of the Québec Bar since 2009, Desmarais became Vice-President Power Corporation of Canada and Power Financial in 2017.[5] Since January 2017, he has been Senior Vice President of Power Corporation of Canada and Power Financial.[6][7][8] Through his current role, Mr. Desmarais is highly involved with Power Energy Corporation,[9][10] which has interests in:

  • Potentia Renewables;
  • Nautilus Solar;
  • Lumenpulse;
  • The Lion Electric Co.

Olivier Desmarais and his cousin Paul Desmarais III have occupied positions within the senior management team of Power Corporation in the last years.[11][12]

Board memberships[]

Desmarais is a Director of Canada Life, IG Wealth Management and Mackenzie.[13] He has been Chairman of Power Energy Corporation since 2015 and is a director of Lumenpulse.

Professional memberships[]

In November 2018, Desmarais was named Chair of the Canada-China Business Council (CCBC).[14]

Philanthropy[]

Desmarais is a board member of the Montreal General Hospital Foundation,[15] and the Canadian Institute for Advanced Research.[16]

Desmarais is a member of the Voltigeurs de Québec.[17]

References[]

  1. ^ "Power Corporation of Canada | Senior Management". www.powercorporation.com. Retrieved 22 October 2020.
  2. ^ "Politics a great human endeavour, Chrétien tells Selwyn House students". Selwyn House School. 11 May 2012. Retrieved 8 September 2020.
  3. ^ Selwyn House School Yearbook 1999
  4. ^ "Olivier Desmarais, Power Corp of Canada: Profile & Biography". Bloomberg. Retrieved 22 January 2018.
  5. ^ "Olivier Desmarais". BDG & Partners Financial Corporation. Retrieved 22 October 2020.
  6. ^ "Power Corporation of Canada | Senior Management". www.powercorporation.com. Retrieved 22 January 2018.
  7. ^ LLC, Nautilus Solar Energy. "Power Energy Corporation Acquires Nautilus Solar Energy From Management And Virgo Investment Group". www.prnewswire.com. Retrieved 8 September 2020.
  8. ^ "Power Energy Corporation". www.powerenergycorporation.com. Retrieved 8 September 2020.
  9. ^ "Power Energy Corporation". www.powerenergycorporation.com. Retrieved 8 September 2020.
  10. ^ "Lumenpulse to be Taken Private by Founder F-X Souvay, His Existing Partners and Power Energy Corporation – News & Events". Lumenpulse. Retrieved 8 September 2020.
  11. ^ Das, Anupreeta; Mackrael, Kim (22 August 2016). "Canada's Desmarais Clan: A New Generation Takes Control". Wall Street Journal. ISSN 0099-9660. Retrieved 22 January 2018.
  12. ^ Jacqueline Nelson, Andrew Willis (1 December 2017). "The Power Corp. puzzle: Why a Canadian empire is treading water". The Globe and Mail. Retrieved 22 January 2018.
  13. ^ "Olivier Desmarais: Executive Profile & Biography – Bloomberg". www.bloomberg.com. Retrieved 22 January 2018.
  14. ^ "Board of Directors | Canada China Business Council (CCBC)". Canada China Business Council (CCBC). Retrieved 22 January 2018.
  15. ^ "Our Board of Directors – MGH Foundation". Code Life. Retrieved 22 January 2018.
  16. ^ "Leadership Team – CIFAR". www.cifar.ca. Retrieved 22 January 2018.
  17. ^ "Biographie – Olivier Desmarais". voltigeursdequebec. Retrieved 8 September 2020.
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