MONTREAL, May 15 /CNW Telbec/ - The Board of Directors of the Montreal
Port Authority elected its new Chairman on Thursday, in the person of Michel
M. Lessard. He succeeds Marc Bruneau. Mr. Bruneau joined the Board in 2005 and
became its Chairman in 2007. His term recently ended.
A Quebec City native, Michel M. Lessard holds a Master of Commerce from
Université Laval and a Harvard MBA. He is also a Member, Trust Institute. Mr.
Lessard has served on the MPA Board of Directors since June 27, 2007. He
chairs the Audit Committee.
Mr. Lessard has extensive experience in senior and financial management,
acquired both as an executive, notably as President and Chief Executive
Officer of Crédit Foncier, where he worked for 17 years, and as an advisor and
director of national and international companies.
After his election the new Chairman of the Board stated, "I accept the
mandate entrusted to me by my fellow directors with great enthusiasm. With
them, I will continue to support the MPA management teams in its mission to
strengthen the Port of Montreal's role as a key economic driver to advance the
development of its clients' shipping and logistics activities, to promote
trade and to contribute to the prosperity of Greater Montreal and Canada."
About the Montreal Port Authority
The Montreal Port Authority (MPA) operates the world's largest inland
port. It is a leader among container ports, handling 26 million tonnes of
cargo annually. In 2008, the Port of Montreal handled more than 1,473,000 TEUs
(twenty-foot equivalent units). The Port of Montreal operates its own rail
network, providing direct access to berths, and is linked to two major
railways and a highway system. It also operates a grain terminal and a marine
passenger terminal. All other terminals are operated by private stevedoring
firms. Through its activities, the Port of Montreal generates 18,200 jobs and
$1.5 billion in economic spin-offs every year.
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