MONTREAL, Sept. 7, 2011 /CNW Telbec/ - Today the Board of Directors of
Transcontinental Inc. (TSX: TCL.A TCL.B TCL.PR.D) confirmed that
Transcontinental's founder, Mr. Rémi Marcoux, has decided to officially
leave his position as Executive Chair of the Board at the next
shareholders' meeting on February 16, 2012. Mr. Marcoux will, however,
remain a member of Transcontinental's Board. In the wake of this
decision, the Transcontinental Board also nominated Ms. Isabelle
Marcoux as Chair of the Board; this new appointment will take effect at
the next annual meeting of shareholders.
Now 71, Rémi Marcoux expressed his wish to slow his pace of work while
continuing to closely monitor the affairs of the business he co-founded
more than 35 years ago. "It is with great confidence in the future of
Transcontinental and with great pride in the progress achieved by a
seasoned management team and experienced employees that I made this
important decision," said Mr. Marcoux.
At the same time, Mr. Marcoux said he is pleased to see his daughter,
Isabelle Marcoux, succeed him as Chair of the Board of Directors of
Transcontinental Inc. "I am certain that Isabelle will lead the Board
with energy, vision and discipline," said Mr. Marcoux.
Isabelle Marcoux began working at Transcontinental in 1997. She has been
Vice Chair of the Board of Directors of Transcontinental Inc. since
2007 and Vice President, Corporate Development since 2004. In the
latter position, she is in charge of the Corporation's strategic
planning process. Before joining Transcontinental, Ms. Marcoux was a
lawyer with the firm McCarthy Tétrault LLP.
Ms. Marcoux is also on the Boards of George Weston Limited, Rogers
Communications Inc., Power Corporation of Canada, the Board of Trade of
Metropolitan Montréal and the Montreal Museum of Fine Arts. She is
Co-Chair of the major 2011-2015 fundraising campaign for Fondation
Tel-jeunes and Co-Chair of the Montreal Heart Institute Foundation's
flagship fundraising event, the Grand Bal des Vins-Cœurs 2011. In 2010,
Ms. Marcoux received the prestigious award Canada's Most Powerful Women: Top 100TM in the Corporate Executives category.
Transcontinental was founded in 1976, when Rémi Marcoux and his
partners, Claude Dubois and André Kingsley, acquired a small commercial
printing plant in Saint-Laurent on the outskirts of Montreal. Today,
Transcontinental has 10,500 employees in three sectors:
state-of-the-art marketing communications, print and digital media, and
printing and interactive marketing. In 2010 the Corporation reported
revenues of C$2.1 billion. Mr. Rémi Marcoux remains the Corporation's
Transcontinental creates marketing products and services that allow
businesses to attract, reach and retain their target customers. The
Corporation is the largest printer in Canada and Mexico, and
fourth-largest in North America. It is also one of Canada's top media
groups as the leading publisher of consumer magazines and
French-language educational resources, and of community newspapers in
Quebec and the Atlantic provinces. Transcontinental is also the leading
door-to-door distributor of advertising material in Canada through its
celebrated Publisac network in Quebec and Targeo in the rest of Canada.
Thanks to a wide digital network of more than 1000 websites, the
company reaches over 11.3 million unique visitors per month in Canada.
Transcontinental also offers interactive marketing products and
services that use new communication platforms supported by marketing
strategy and planning services, database analytics, premedia, e-flyers,
email marketing, custom communications and mobile solutions.
Transcontinental (TSX: TCL.A, TCL.B, TCL.PR.D) has 10,500 employees in
Canada, the United States and Mexico, and reported revenues of C$2.1
billion in 2010. For more information about the Corporation, please
SOURCE TRANSCONTINENTAL INC.
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