New CEO for Quebecor's Videotron cable and wireless unit gets analysts' approval - News Summed Up

New CEO for Quebecor's Videotron cable and wireless unit gets analysts' approval


MONTREAL—Quebecor Inc.’s chief financial officer has been appointed to head the company’s Videotron business after the departure of its previous CEO. The appointment of Jean-Francois Pruneau to president and CEO of Videotron, which is mostly active in Quebec, fills a vacancy left by outgoing CEO Manon Brouillette. Analysts believe Pruneau is a good pick to lead Quebecor Inc.’s Videotron, as he was very involved with the telecommunications unit while chief financial officer. Pierre Karl Peladeau, chief executive of Quebecor as well as its leading shareholder, announced Pruneau’s appointment Monday before stock markets opened. He also announced that Quebecor’s new chief financial officer is Hugues Simard, who had been with the company from 1998 to 2017, and that Marc Tremblay has been promoted to Quebecor’s chief operating officer.


Source: thestar January 07, 2019 15:33 UTC



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