Desmarais Family Picks Ex-Banker O’Sullivan to Replace Orr as Power CEO

Power Corp. of Canada handed the chief executive officer’s role to former investment banker James O’Sullivan, with Jeffrey Orr stepping down to become vice-chair after six years at the helm.

By Mathieu Dion · Bloomberg Markets

Power Corp. of Canada handed the chief executive officer’s role to former investment banker James O’Sullivan, with Jeffrey Orr stepping down to become vice-chair after six years at the helm.