Senior Management
R. Jeffrey Orr

Mr. Orr has been President and Chief Executive Officer of the Corporation since 2005. He was appointed President and Chief Executive Officer of Power Corporation in February 2020. 

He has extensive experience in the financial services industry, including the past two decades in executive positions in Power group companies. He has been President and Chief Executive Officer of Power Financial, a position he has held since 2005. From 2001 to 2005, he was President and Chief Executive Officer of IGM Financial. Prior to joining IGM Financial, he was Chairman and Chief Executive Officer of BMO Nesbitt Burns Inc. and Vice-Chairman, Investment Banking Group, of the Bank of Montreal. Mr. Orr had been with BMO Nesbitt Burns Inc. and predecessor companies since 1981.

He is a director of Power Financial and is also a director and Chairman of certain Power Group companies, including Great-West Lifeco, Canada Life, Empower, IGM Financial, IG Wealth Management and Mackenzie. He is also a director of PanAgora Asset Management Inc. Since 2023, Mr. Orr is also Special Advisor to the Board of Rockefeller Capital Management General Partner L.L.C. He was a director and Chairman of Putnam Investments until January 2024.

Mr. Orr is active in a number of community and business organizations. He holds a Bachelor of Arts — Honours Business Administration (HBA) degree from the Richard Ivey School of Business in London, Ontario. Mr. Orr received an honorary Doctor of Laws from the Western University.

Jake Lawrence

Mr. Lawrence was appointed Executive Vice-President and Chief Financial Officer of Power Corporation and Power Financial in March of 2024. He is a Director of Great-West Lifeco, Canada Life, Empower, IGM Financial, IG Wealth Management and Mackenzie.

Mr. Lawrence has an extensive background in financial services, having worked at Scotiabank for the past 22 years in progressively senior roles in finance, group treasury and global banking and markets in both Canada and the United States. He was most recently CEO and Group Head, Global Banking and Markets, a role in which he was responsible for the Scotiabank’s global banking and markets business and strategy across its global footprint.

Mr. Lawrence is Chair of the Canadian Advisory Board for Right To Play. He was previously a member of the Advisory Council for Women in Capital Markets and has served as the Chair of the Ontario Housing Affordability Task Force, a team of industry leaders and experts selected by the Premier of Ontario to explore the issues facing housing affordability in Ontario and to provide recommendations that address market housing supply and affordability.

He holds an Honours Bachelor of Arts degree from Lakehead University and a Master of Business Administration degree from Wilfrid Laurier School of Business and Economics.

Denis Le Vasseur

Mr. Le Vasseur joined the Power group of companies in 1992 and currently serves as Vice-President and Controller of Power Financial and of Power Corporation. His responsibilities include financial reporting, budgeting, taxation and information technology.

Mr. Le Vasseur has been a Director of LMPG since 2023.

Mr. Le Vasseur began his career in 1982 with Touche Ross, a predecessor firm of Deloitte & Touche, specializing in the audit of large holding companies. He also worked on various consulting assignments in the field of mergers and acquisitions.

Mr. Le Vasseur earned a Bachelor of Science in Mathematics and an MBA from McGill University, and obtained his Chartered Accountant designation in 1985. In 2020, Mr. Le Vasseur received the prestigious title of Fellow from the Order of Chartered Professional Accountants of Quebec (FCPA). This title formally recognizes those members whose achievements in their careers or in the community have earned them distinction and brought honor to the profession. He serves on the board of directors of the On the Tip of the Toes Foundation, an organization that helps teenagers living with cancer regain their self-esteem and sense of pride through wilderness adventure therapy.

Stéphane Lemay

Mr. Lemay has been Vice-President, General Counsel, and Secretary of Power Financial and Power Corporation since 2012. Mr. Lemay joined Power Corporation of Canada as Vice-President, Assistant General Counsel, and Associate Secretary in 2005 and assumed the same position at Power Financial in 2009. He is also responsible for ESG initiatives, in addition to being the media spokesperson.

Mr. Lemay began his career with the law firm Byers Casgrain, now Dentons, where he worked in commercial litigation for five years. He subsequently held the position of Policy Advisor, Economic Development, in the Office of the Prime Minister of Canada from 1997 to 1999. Mr. Lemay then returned to the private sector in Montréal, serving in a number of executive positions in legal, regulatory and public affairs with companies within the Telesystem Group. He then joined Gildan, a leading apparel company, where he was Vice-President of Public and Legal Affairs and Secretary until 2005. 

Mr. Lemay is active in a number of not-for-profit organizations and community initiatives.

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