Edition:
United Kingdom

People: Groep Brussel Lambert NV (GBLB.BR)

GBLB.BR on Brussels Stock Exchange

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Desmarais, Paul 

Mr. Paul Desmarais, Jr., has been appointed Non-Executive Chairman of Groep Brussel Lambert N.V. as of April 23, 2019. He was appointed Vice Chairman of the Board from January 2012. He was Non-Executive Director of the Company between 1990 and January 2012. Mr. Desmarais holds a Degree in Business Studies from McGill University in Montreal and a Masters of Business Administration from INSEAD in Fontainebleau. He joined Power Corporation of Canada in 1981 and assumed the position of Vice- President the following year. In 1984, he led the creation of Power Financial Corporation to consolidate Power’s major financial holdings, as well as Pargesa Holding S.A., under a single corporate entity. Paul Desmarais, Jr. served as Vice-President of Power Financial Corporation from 1984 to 1986, as President and Chief Operating Officer from 1986 to 1989, as Executive Vice-Chairman from 1989 to 1990, as Executive Chairman of the Board from 1990 to 2005, as Chairman of the Executive Committee from 2006 to 2008 and as Executive Co-Chairman from 2008 until today. He also served as Vice-Chairman of Power Corporation from 1991 to 1996. He was named Chairman of the Board and co-CEO of Power Corporation in 1996. He is Member of the Company's Standing Committee.

Basic Compensation

Total Annual Compensation, EUR 106,000
Restricted Stock Award, EUR --
Long-Term Incentive Plans, EUR --
All Other, EUR 363,320
Fiscal Year Total, EUR 469,320

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --