Power Corporation of Canada

Power Corporation of Canada

"Incorporated in 1925, Power Corporation of Canada is a diversified international management and holding company with interests in companies that are active in the financial services, communications and other business sectors."

"From 1962 to 1963 the market value of the Company’s investments rose from $82 million to more than $120 million, less than 9 per cent of which was represented by power utilities. And by the time Maurice Strong departed in 1966 to become Director-General of the Canadian government’s external aid program and William Turner took over as President, Power Corporation had established new records, with $214 million in assets, $7.7 million in income, and the paying of $2.6 million in dividends to its common shareholders." He was succeeded by Jean Parisien.

Directors
Accessed September 2009:


 * Pierre Beaudoin - President and Chief Executive Officer, Bombardier Inc.
 * Laurent Dassault - Vice-President, Groupe Industriel Marcel Dassault SA
 * André Desmarais - Deputy Chairman, President and Co-Chief Executive Officer of the Corporation and Co-Chairman, Power Financial Corporation
 * Honourable Paul Desmarais - Chairman of the Executive Committee of the Corporation
 * Paul Desmarais, Jr. - Chairman and Co-Chief Executive Officer of the Corporation and Co-Chairman, Power Financial Corporation
 * Anthony R. Graham - President, Wittington Investments, Limited
 * Robert Gratton - Deputy Chairman of the Corporation
 * Honourable Donald F. Mazankowski - Company Director
 * Raymond McFeetors - Vice-Chairman, Power Financial Corporation and Chairman of the Board, Great-West Lifeco Inc.
 * Jerry E.A. Nickerson - Chairman of the Board, H.B. Nickerson & Sons Limited
 * James R. Nininger - Company Director
 * R. Jeffrey Orr - President and Chief Executive Officer, Power Financial Corporation
 * Robert Parizeau - Chairman, Aon Parizeau Inc.
 * Michel Plessis-Bélair - Vice-Chairman of the Corporation
 * John A. Rae - Executive Vice-President, Office of the Chairman of the Executive Committee of the Corporation
 * Henri-Paul Rousseau - Vice-Chairman of the Corporation and of Power Financial Corporation
 * Amaury de Seze - Vice-Chairman of the Corporation
 * Emőke J.E. Szathmáry - President Emeritus, University of Manitoba

DIRECTORS EMERITUS


 * James W. Burns
 * Honourable P. Michael Pitfield

Criticism

 * Andrew Gavin Marshall, "Meet Canada’s Ruling Oligarchy: Parasites-a-Plenty!", Andrew Gavin Marshall Blog, May 10, 2012.⋅

Contact

 * Web: http://www.powercorporation.com

Related Sourcewatch articles

 * Maurice Strong
 * Talk:Maurice Strong
 * National Policy Association
 * Gustavos Cisneros - international advisor
 * William G. Davis - international advisor
 * Timothy Ryan, Jr.
 * Edward Johnson