MONTREAL, March 16, 2012 /CNW Telbec/ - Jean-Marc Eustache, Chair of the Board, President and Chief Executive Officer of Transat A.T. Inc., is pleased to announce the appointment of Jean-Yves Leblanc as Lead Director of the company. Following the Annual and Special Meeting of Shareholders of Transat held on March 15, 2012, Mr. Leblanc was elected amongst the company's independent directors. The appointment follows the adoption of a policy amending the governance structure of the Transat Board of Directors, announced on February 23, 2012, and which now provides for the appointment of a single Lead Director.
"Jean-Yves Leblanc is a seasoned corporate director with several years' experience working for major corporations with operations in Canada and on the international level. We are delighted to have him as a member of our Board for nearly four years. His appointment as Lead Director is in keeping with the evolution of our corporate governance practices," Mr. Eustache said.
Jean-Yves Leblanc is an engineer and holds an MBA. He was President and Chief Operating Officer of Bombardier Transportation from 1986 to 2000 and served as Chair of its Board from 2001 to 2004. Before holding these positions, he worked as a senior manager for Marine Industries, serving as its Vice-President, Hydroelectric Division, Senior Vice-President, and Chief Operating Officer. Prior to that, from 1973 to 1981, he held successively the position of Vice-President and President, of Sométal Atlantic Ltée. Mr. Leblanc currently serves as a director of various corporations including Keolis Group, AIA AG, Pomerleau Inc., Premier Tech Ltd. and Desjardins Securities Inc., and has been Chairman of the Board of Directors of the Quebec Employers Council since 2010.
Transat A.T. Inc. is an integrated international tour operator with more than 60 destination countries and that distributes products in over 50 countries. A holiday travel specialist, Transat operates mainly in Canada and Europe, as well as in the Caribbean, Mexico and the Mediterranean Basin. Montreal-based Transat is also active in air transportation, accommodation, destination services and distribution. (TSX: TRZ.B, TRZ.A)
For further information:
Transat A.T. Inc. (www.transat.com)
514 987-1616, ext. 4662