Friday, March 6, 2009

Robert Tessier Named Chairman Of board Of Caisse

Robert Tessier has been named the new chairman of the board of the Caisse de depot et placement du Quebec. When asked why he took the job, he said jokingly, 'because I'm a masochist.'

From CTV News:

Former Gaz Metro (TSX:GZM.UN) head Robert Tessier was appointed chairman of the troubled Caisse de depot et placement du Quebec on Thursday and said his first task will be to help find a president and CEO of the pension-fund manager.

"I think it's important to have a captain at the wheel," Tessier said at a news conference flanked by Quebec Finance Minister Monique Jerome-Forget.

And Tessier, who served as chief executive and later as chairman of Gaz Metro, the largest natural gas distributor in Quebec, said he doesn't plan on wasting much time.

"It's a question not of days, but not of months either."

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