Michael Sabia to Succeed Dereck Burney As CEO.MONTREAL--(BUSINESS WIRE)--Aug. 9, 1999-- Bell Canada International (BCI) today announced the appointment of Michael Sabia as Vice-Chairman and Chief Executive Officer of the Company, effective October 1, 1999. Jean C. Monty, President and Chief Executive Officer of BCE Inc., will become Chairman of BCI, at the same time. Derek Burney, currently Chairman and Chief Executive Officer will be leaving the company to become President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. Inc. "Since 1994, BCI has secured assets in key emerging markets with significant value creation potential. The ability of BCI to secure such promising platforms, like the recent acquisitions of the two licenses in Brazil and the national license in Mexico are a testament to Mr. Burney's leadership", said Jean C. Monty, President and Chief Executive Officer, BCE Inc. "We are extremely pleased to welcome Michael to the BCE group. His strategic capabilities and recognized leadership will greatly contribute to further BCI's development". Mr. Sabia is currently Executive Vice-President and Chief Financial Officer of Canadian National Railway Company Canadian National Railway Company (NYSE: CNI, TSX: CNR) is a Canadian rail transportation company that operates the Canadian National Railway. It was created in December, 1918 as a Crown corporation of the Government of Canada to nationalize several bankrupt rail systems (CN). Prior to joining CN, Mr. Sabia held senior positions in the Government of Canada The Government of Canada is the federal government of Canada. The powers and structure of the federal government are set out in the Constitution of Canada. In modern Canadian use, the term "government" (or "federal government") refers broadly to the cabinet of the day and primarily in the Department of Finance and the Privy Council Office Privy Council Office can refer to:
Bell Canada International is in the business of building and developing world-class communications companies in markets outside of Canada, with a focus on Latin America and the Asia-Pacific region. The company's affiliated operations provide a range of high quality and innovative services to 4.25 million subscribers in eight countries, primarily via digital, wireless networks. A subsidiary of BCE Inc., Canada's largest communications company, BCI is listed on the Montreal and Toronto stock exchanges under the symbol BI, and on the Nasdaq National Market under the symbol BCICF. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion