Power Financial Corporation - Company Profile

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Power Financial Corporation: Executives

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The following section provides information on Power Financial Corporation’s senior management, executives, CEO and key decision makers and their roles in the organization. For more insight into Power Financial Corporation's management and employees, unlock the full data with our company analytics monitoring tool.

Executives

Paul Desmarais, Jr.

Chairman Executive Board Since: 2020

Mr. Paul Desmarais, Jr. has been a Chairman of Power Financial since 2020. Prior to this, served as Executive Co-Chairman of the company from 2015 to 2020; Co-Chairman since 2008 to 2015; Executive Chairman since 1990 to 2005. Presently, he also serves as Chairman of Power Corporation since 1996. Previously, he served as Co-Chief Executive Officer of the Corporation from 1996 to 2020. He has served as Chairman of Pargesa from 2013 to 2020. Previously, Mr. Desmarais served as Executive Vice-Chairman, Executive Chairman, and Co-Chief Executive Officer from 2003 to 2019. Presently, he serves as Director of Power Corporation and of many Power group companies, including Canada Life, Great-West Lifeco, Empower Retirement, Putnam Investments, IG Wealth Management, IGM Financial and Mackenzie. He also serves as Chairman of Groupe Bruxelles Lambert and a Director of SGS.

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Andre Desmarais

Deputy Chairman Executive Board Since: 2008

Mr. Andre Desmarais has been the Deputy Chairman of the company since 2008. Prior to this, he served as Executive Co-Chairman of the company from 2015 to 2020; Co-Chairman from 2008 to 2015; Deputy Chairman from 1996 to 2008. Presently, he serves as the Deputy Chairman of Power Corporation. He served as the President and Co-Chief Executive Officer of Power Corporation from 1996 to 2020. He also served as Vice Chairman and Director of Pargesa, and Director of Bellus Health Inc and CITIC Pacific Limited. Mr. Desmarais is a Director of various Power group companies in North America, including Great-West Lifeco Canada Life, Putnam Investments, IGM Financial, Mackenzie and Power Sustainable Capital, IG Wealth Management, and Empower Retirement.

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James O'Sullivan

President; Chief Executive Officer Senior Management Since: 2026

Mr. James O'Sullivan has been the Chief Executive Officer and President of the company since July 2026.

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Jake Lawrence

Chief Financial Officer; Executive Vice President Senior Management Since: 2024

Mr. Jake Lawrence has been the Chief Financial Officer and Executive Vice President of the company since March 2024. Prior to this, he served as the Chief Executive Officer and Group Head, Global Banking and Markets at Scotiabank.

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Stephane Lemay

General Counsel; Secretary; Vice President Senior Management Since: 2012
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