Transcontinental Names New Chief

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By: E&P Staff

Fran?ois Olivier has been named president and CEO of Transcontinental, effective Feb. 20, 2008. The company’s board of directors unanimously approved the appointment. He will also serve as chief operating officer.

Olivier, 42, is currently Transcontinental’s president of the printing products and services division.

Olivier replaces Luc Desjardins who will remain with the company until February.

“Fran?ois Olivier has an impressive track record with Transcontinental,” R?mi Marcoux, executive chairman of the board, said in a statement. “Since 1993 he has risen through the ranks, exceeding expectations at every stage. He has become particularly known in the past few years for developing our newspaper outsourcing model in North America, a segment that holds much promise for the future.”

Marcoux also thanked Desjardins for successfully guiding the Montreal-based company through transition.

Marcoux said that Olivier was named CEO following a “rigorous process” conducted by independent members of the board and an outside consulting firm. Olivier is married to Isabelle Marcoux.

Olivier was the principal architect behind Transcontinental’s 15-year printing contract with the San Francisco Chronicle.

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