Gaétan Morin appointed as CEO of Fonds de solidarité

June 26
14:05 2014

The board of directors of Fonds de solidarité FTQ has unanimously appointed Gaétan Morin as its new President & CEO. Morin has held the position of EVP of Corporate Development and Investment at Fonds since 2012.

“In addition to being a consensus-builder and a leader, Gaétan Morin has demonstrated the highest level of integrity and a strong commitment to ethics throughout his career,” said Robert Parizeau, Chairman of board of directors. “His in-depth knowledge of the investment business and his passion for Québec’s development make him the ideal ambassador for our organization. We firmly believe that he will successfully meet the challenges of an ever changing evironment, while respecting the nature of the Fonds de solidarité FTQ.”

“I am very proud to take up the challenge handed to me today,” said Gaétan Morin. “As the new President and CEO of the Fonds, I plan on expediting our strategic plan review. It is important that we question and consider the Fonds’ challenges to better meet the needs of businesses in Québec. In addition, I will ensure that the new Québec government continues to recognize the Fonds’ relevance for Québec’s economy. Lastly, I intend to fully support the implementation of the governance changes proposed by the Board of Directors in February 2014.”

Fonds de solidarité board of directors established the new President & CEO selection committee in February 2014. The committee is co-chaired by Robert Parizeau and Daniel Boyer, and including Serge Cadieux, Secretary General of the Fédération des travailleurs du Québec (FTQ), Michèle Colpron, an independent member on the Fonds’ board of directors, and Raymond Bachand, Strategic Adviser at Norton Fullbright. Odgers Berndtson, the executive recruiting firm, provided support to committee members throughout the selection process.

Prior to his appointment of EVP position, Morin has held various position with the Fonds, Financial Adviser, Portfolio Manager, Director of Investments, and Senior Vice-President, Natural Resources and Consumer Goods.

With a master’s degree in economic geology, Morin also completed undergraduate studies in finance and geology at the Université du Québec à Montréal (UQAM). In 2005, he was awarded the Prix Mérite Ressources by the Ordre des géologues du Québec.

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