MONTREAL, Aug. 22 /CNW Telbec/ - Montréal Exchange Inc. (MX) (TSX: MXX)
announced today the appointment of Mr. Stéphane Bilodeau as Chief Operating
Officer (COO) effective December 1, 2007. He comes to the MX from the
international information technology services firm, DMR Consulting, a Fujitsu
company, where he has been a senior executive responsible for general
management, corporate strategy and business development.
"We are delighted to welcome Stéphane as a key member of the executive
team, as we pursue the development of the Canadian derivatives market and of
MX," said Luc Bertrand, President and Chief Executive Officer of the Montréal
Exchange. "He will lead the management of MX operations drawing on his
well-rounded experience in the information technology business, team building
and executive management of an international corporation."
Mr. Bilodeau will replace the current COO, Philippe Loumeau, who
previously announced his departure from MX, after seven years of service.
"We are focused on ensuring a smooth leadership transition," Mr. Bertrand
added. "Philippe has played a core leadership role in the rapid growth and
development of the MX since 2000. He will work closely with Stéphane and our
executive team to ensure continuity of management and of the excellent
performance of our employee team."
As announced July 25, Alain Miquelon assumed the strategic management
responsibilities of Mr. Loumeau effective August 6 and will become the MX
Chief Financial Officer, replacing Louise Laflamme, effective October 1, 2007.
Ms. Laflamme remains with the Exchange, to support the President and CEO,
until her planned retirement in June 2008.
About Montréal Exchange Inc.
The Montréal Exchange (MX) is Canada's financial derivatives exchange.
The MX offers trading in Canadian interest rate, index and equity derivatives.
Clearing, settlement and risk management services are provided by an AA rated
clearing house, the Canadian Derivatives Clearing Corporation, fully owned by
the MX. Our integrated trading and clearing services are supported by a
proprietary suite of exchange technologies, known as SOLA(R). The MX also has
interests in: the Boston Options Exchange (BOX), a U.S. automated equity
options market, for which MX is the technical operator; the Canadian Resources
Exchange (CAREX), a new corporation created with NYMEX that is dedicated to
developing the Canadian energy market; and the Montréal Climate Exchange
(MCeX), a joint venture with the Chicago Climate Exchange(R), aiming to
establish the leading market for publicly traded environmental products in
Canada. For more information about the Montréal Exchange, please visit
For further information:
For further information: Jean Charles Robillard, (514) 871-3551,