Canadian Corporate Innovation Summit

Paul Desmarais III

Paul Desmarais III

Senior Vice-President, Power Corporation and Power Financial

Mr. Desmarais was appointed Senior Vice-President of Power Corporation and Power Financial in January 2017. Before joining Power as Vice-President in May 2014, he was Assistant Vice-President in the Risk Management Group of Great-West Lifeco beginning in 2012. Previously, he worked in project management and corporate strategy at Imerys in France. He began his career in 2004, working for five years with Goldman Sachs in the United States, in the Investment Banking and Investment Strategy Groups, as well as in the Special Situations Group.

In May 2014, Mr. Desmarais was named a director of Great-West Life, Investors Group, Mackenzie, Pargesa and Groupe Bruxelles Lambert. He is also Chairman of Sagard Capital and Wealthsimple, and Vice-Chairman of Imerys. In December 2016, Mr. Desmarais was named a director of Personal Capital.

He sits on the board of directors of The Next 36, an organization that fast tracks the development of Canada’s most talented young innovators, turning them into the country’s outstanding future business leaders and innovators.

Mr. Desmarais holds a Bachelor of Arts degree in Economics from Harvard College (graduating cum laude) and a Master in Business Administration from INSEAD in France.