Power Corporation of Canada announced a leadership transition effective July 1, 2026. President and CEO R. Jeffrey Orr will move to Vice-Chair, and James O’Sullivan, currently President and CEO of subsidiary IGM Financial, will be appointed President and CEO. Orr is expected to remain Chair of the boards of IGM Financial and Great-West Lifeco until June 30, 2026, while O’Sullivan is expected to become Chair of both boards on July 1, 2026, and will also be appointed President and CEO of Power Financial.
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