Quebecor Inc. - Pierre Karl Peladeau to be Appointed President and Chief Executive Officer of Quebecor Inc.MONTREAL--(BUSINESS WIRE)--Feb. 15, 1999--The appointment of Pierre Karl Peladeau as President and Chief Executive Officer of Quebecor (ME:QBR QBR Quarterly Business Review QBR Quality Billing Report QBR Quarterly Billing Report .A.) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :QBR.A.) (ME:QBR.B.) (TSE:QBR.B.) was announced today along with a number of other senior appointments to be approved by the Company's Board of Directors. Mr. Charles Albert Charles Albert, 1798–1849, king of Sardinia (1831–49, see Savoy, house of). Because he had not been entirely unsympathetic to the revolutionary movement of 1821 in Sardinia, Charles Albert developed an ambiguous political reputation prior to acceding to Poissant will retire from the position of Chairman of the Board and be replaced by Mr. Jean Neveu. Mr. Erik Peladeau will assume the position of Vice-Chairman of the Board of Quebecor Inc. These appointments will be submitted for approval to the newly elected Quebecor Board of Directors immediately after the Company's next Annual Meeting of Shareholders to be held in Montreal on April 29, 1999. Quebecor Inc. is a communications holding company with revenues of over $8 billion. With business activities spread throughout North America, Europe, South America and Asia, the Company operates in five main sectors. The Company has publishing (including distribution and retail), broadcasting and multimedia activities through its wholly-owned subsidiary Quebecor Communications Inc. Through its subsidiary Quebecor Printing Inc., it ranks as the largest commercial printer in Canada and one of the largest in the United States, Europe and South America. Through its subsidiary Donohue Inc., it is a major integrated forest products company engaged in forest management to ensure its fiber supply, and in the manufacture and sale of newsprint, specialty papers, market pulp and wood products. Quebecor employs more than 43,000 people in 14 countries. The Class A Multiple Voting Shares of Quebecor Inc. are listed on the Montreal and Toronto stock exchanges Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors QBR.A. Its Class B Subordinate Voting Shares Voting Shares Shares that give the stockholder the right to vote on matters of corporate policy making as well as who will compose the members of the board of directors. Notes: Different classes of shares, such as preferred stock, sometimes don't allow for voting rights. are listed on the Montreal and Toronto stock exchanges under the ticker symbol QBR.B. |
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