CME President and CEO to take on new challenge

    OTTAWA, June 18 /CNW Telbec/ - Canadian Manufacturers & Exporters
announced today that President and CEO Perrin Beatty has tendered his
resignation, which was accepted by the Board of Directors, effective
August 12, 2007, to take on the role of President and CEO of the Canadian
Chamber of Commerce. Mr. Beatty has led CME since August 1999.
    In making the announcement, CME Board Chair Larry Barrett congratulated
Mr. Beatty on the organisation's achievements during his term. "CME has never
been more relevant or effective than it is today," said Mr. Barrett. "Our
Manufacturing 20/20 initiative set out a clear roadmap for the sector's
future. We have scored important policy successes like the announcement of
accelerated capital cost allowances for equipment and machinery in the March
budget, we have led on issues like skills and the border and we have added new
tools, including new lean manufacturing consortia and to promote
the business success of Canadian industry," he added.
    "Perrin will be missed by the Board and by his colleagues at CME, but he
leaves behind a strong team and an organization that has just competed its
most successful year in over a decade," said Mr. Barrett.

    Canada's largest trade and industry association, CME promotes the
continuous improvement of Canadian manufacturing and exporting through
engagement of government at all levels. Its mandate is to promote the
competitiveness of Canadian manufacturers and enable the success of Canadian
goods and services exporters in markets around the world. The association
represents Canada's leading global enterprises. However, more than 85% of
CME's members are small and medium-sized enterprises. Together, CME's
membership accounts for an estimated 75% of total manufacturing production and
90% of Canada's exports.

For further information:

For further information: Jeff Brownlee, CME, (613) 238-8888 ext. 233

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