Power Corporation of Canada

CPA Canada welcomes new board chair and vice-chair

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Friday, September 29, 2023

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TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Chartered Professional Accountants of Canada (CPA Canada) today announced the appointment of a new chair and vice-chair for its board of directors.

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TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Chartered Professional Accountants of Canada (CPA Canada) today announced the appointment of a new chair and vice-chair for its board of directors.
Wilson earned her accounting designation in 1993 and joined the CPA Canada Board of Directors in September 2021.
“I am confident that Beth, along with the board of directors will continue to find innovative ways to create a sustainable long-term future for CPA Canada and the profession.”
As chair, Wilson will draw on her extensive leadership experience.
“I am honoured to serve on CPA Canada’s board as vice-chair and to continue working with Beth, my board colleagues, CPA employees and our partners.” said Jones.

Power Corporation's Executive Vice-President and Chief Financial Officer to take a medical leave of absence

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Wednesday, September 27, 2023

Power Corporation of Canada, TSX, Corporation, Controller, Pharmaceutical industry, Management

MONTRÉAL, Sept. 27, 2023 /CNW/ - Power Corporation of Canada (TSX: POW) ("Power Corporation" or the "Corporation") announced today that Gregory D. Tretiak, Executive Vice-President and Chief Financial Officer of the Corporation, has been admitted to the hospital for a significant health issue and will take a medical leave of absence for an undetermined period of time, effective immediately.

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MONTRÉAL, Sept. 27, 2023 /CNW/ - Power Corporation of Canada (TSX: POW) ("Power Corporation" or the "Corporation") announced today that Gregory D. Tretiak, Executive Vice-President and Chief Financial Officer of the Corporation, has been admitted to the hospital for a significant health issue and will take a medical leave of absence for an undetermined period of time, effective immediately.
Mr. Denis Le Vasseur, Vice-President and Controller, who has been with the Corporation since 1992, will take responsibility for the management of Power Corporation's Finance function and will act as principal financial officer on an interim basis.

Power Corporation's President and Chief Executive Officer R. Jeffrey Orr to speak at CIBC's Eastern Institutional Investor Conference

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Wednesday, September 27, 2023

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MONTRÉAL, Sept. 27, 2023 /CNW/ - R. Jeffrey Orr, President and Chief Executive Officer of Power Corporation of Canada (TSX: POW) ("Power Corporation"), will participate in a fireside chat at the 22nd Annual CIBC Eastern Institutional Investor Conference on Thursday, September 28, 2023, at 11:40 a.m. (Eastern Time).

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MONTRÉAL, Sept. 27, 2023 /CNW/ - R. Jeffrey Orr, President and Chief Executive Officer of Power Corporation of Canada (TSX: POW) ("Power Corporation"), will participate in a fireside chat at the 22nd Annual CIBC Eastern Institutional Investor Conference on Thursday, September 28, 2023, at 11:40 a.m. (Eastern Time).
An archived version of the webcast will be available following the event in the Presentations & Speeches section of Power Corporation's website at: https://powercorporation.com/en/investors/events-presentations/ .

Power Corporation's President and Chief Executive Officer R. Jeffrey Orr to speak at the Barclays Global Financial Services Conference

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Friday, September 8, 2023

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MONTRÉAL, Sept. 8, 2023 /CNW/ - R. Jeffrey Orr, President and Chief Executive Officer of Power Corporation of Canada (TSX: POW) ("Power Corporation"), will participate in a fireside chat at the Barclays Global Financial Services Conference on Wednesday, September 13, 2023, at 8:15 a.m. (Eastern Time).

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MONTRÉAL, Sept. 8, 2023 /CNW/ - R. Jeffrey Orr, President and Chief Executive Officer of Power Corporation of Canada (TSX: POW) ("Power Corporation"), will participate in a fireside chat at the Barclays Global Financial Services Conference on Wednesday, September 13, 2023, at 8:15 a.m. (Eastern Time).
This live audio webcast will be available via link in the Presentations & Speeches section of Power Corporation's website at: https://powercorporation.com/en/investors/events-presentations/ .
The archived version of the webcast will be available at the same location for replay following the event.

POWER SUSTAINABLE ANNOUNCES US$600M COMMITMENT TO GLOBAL HIGH-YIELD INFRASTRUCTURE CREDIT STRATEGY

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Thursday, September 7, 2023

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MIAMI and MONTREAL, Sept. 7, 2023 /PRNewswire/ -- Power Sustainable, an alternative asset manager and wholly owned subsidiary of Power Corporation of Canada (TSX: POW), announces a US$600 million commitment for the Power Sustainable Infrastructure Credit ("PSIC") strategy. Commitments to the strategy were made by subsidiaries of Great-West Lifeco ("Lifeco").

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MIAMI and MONTREAL, Sept. 7, 2023 /PRNewswire/ -- Power Sustainable, an alternative asset manager and wholly owned subsidiary of Power Corporation of Canada (TSX: POW), announces a US$600 million commitment for the Power Sustainable Infrastructure Credit ("PSIC") strategy.
The strategy seeks to directly originate, structure, and manage infrastructure credit assets that demonstrate positive sustainability characteristics.
PSIC targets investments in the energy and decarbonization, transportation and logistics, digital infrastructure, social infrastructure, and utilities and recycling sectors.
"We believe that infrastructure credit is well-positioned to deliver favorable risk-adjusted returns with substantial downside protection," said Managing Partner, Tom Murray.

Power Corporation to Announce Second Quarter 2023 Financial Results on August 10, 2023

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Monday, July 17, 2023

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MONTRÉAL, July 17, 2023 /CNW/ - Power Corporation of Canada (TSX: POW) ("Power Corporation") will release its second quarter 2023 financial results on Thursday, August 10, 2023, after markets close.

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MONTRÉAL, July 17, 2023 /CNW/ - Power Corporation of Canada (TSX: POW) ("Power Corporation") will release its second quarter 2023 financial results on Thursday, August 10, 2023, after markets close.
R. Jeffrey Orr, President and Chief Executive Officer, and Gregory D. Tretiak, Executive Vice-President and Chief Financial Officer, will discuss the results in a conference call and live audio webcast on Friday, August 11, 2023 at 8:30 a.m. (Eastern Time).
To listen via telephone, please dial 1-800-319-4610 toll-free in North America or 416-915-3239 for local calls made in the Toronto area.
A replay of the conference call will be available from August 11, 2023 at 11:30 a.m. (Eastern Time) until November 12, 2023 by calling 1-855-669-9658 toll-free in North America, using the access code 0289#.

Loreena McKennitt to pay tribute to Lisa LaFlamme at sold-out CJF Awards

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Thursday, June 1, 2023

TORONTO, June 1, 2023 /CNW/ - Loreena McKennitt, renowned Canadian singer-songwriter, will make a special appearance to perform in honour of Lisa LaFlamme at this year's sold-out CJF Awards on June 13 at Toronto's Fairmont Royal York.

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TORONTO, June 1, 2023 /CNW/ - Loreena McKennitt, renowned Canadian singer-songwriter, will make a special appearance to perform in honour of Lisa LaFlamme at this year's sold-out CJF Awards on June 13 at Toronto's Fairmont Royal York.
"Lisa LaFlamme is a powerhouse among Canadian journalists," says producer and CJF board member Bob Ezrin.
"Who better to offer a musical tribute than Loreena, another national treasure?
A passionate advocate for human rights, she will perform in honour of this year's CJF Tribute recipient, Lisa LaFlamme.

Franklin Templeton Establishes a Strategic Partnership with Power Corporation of Canada and Great-West Lifeco

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Wednesday, May 31, 2023

Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced a strategic partnership with Power Corporation of Canada (“Power” and, together with its subsidiaries, the “Power Group of Companies”) [TSX:POW] and Great-West Lifeco, Inc. (“Great-West”) [TSX:GWO].

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Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced a strategic partnership with Power Corporation of Canada (“Power” and, together with its subsidiaries, the “Power Group of Companies”) [TSX:POW] and Great-West Lifeco, Inc. (“Great-West”) [TSX:GWO].
Great-West will become a long-term strategic shareholder in Franklin Resources, Inc., with an approximate 6.2% stake, consistent with Great-West’s continuing commitment to asset management.
The strategic partnership aligns with Franklin Templeton’s focus to further grow insurance client assets, and significantly broadens the relationship between Franklin Templeton and the Power Group of Companies in key areas of retirement, asset management and wealth management.
In addition, Franklin Templeton will pay up to $375 million in contingent consideration tied to revenue growth targets from the partnership.

Power Corporation Announces Election of Directors

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Tuesday, May 16, 2023

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MONTRÉAL, May 16, 2023 /CNW/ - In accordance with the Toronto Stock Exchange Company Manual, Power Corporation of Canada (TSX: POW) is issuing this news release to disclose that the nominees listed in its Management Proxy Circular dated March 17, 2023 were elected as its Directors.

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MONTRÉAL, May 16, 2023 /CNW/ - In accordance with the Toronto Stock Exchange Company Manual, Power Corporation of Canada (TSX: POW) is issuing this news release to disclose that the nominees listed in its Management Proxy Circular dated March 17, 2023 were elected as its Directors.
The detailed results of the vote at its virtual Annual Meeting of Shareholders held earlier today are set forth below.
On a vote by ballot, each of the following nominees proposed by management was elected as a Director:

Power Corporation to Announce First Quarter 2023 Financial Results on May 15, 2023

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Wednesday, May 3, 2023

Telephone, Power Corporation of Canada, TSX, Eastern Time Zone

MONTRÉAL, May 3, 2023 /CNW/ - Power Corporation of Canada (TSX: POW) ("Power Corporation") will release its first quarter 2023 financial results on Monday, May 15, 2023, after markets close.

Key Points:

MONTRÉAL, May 3, 2023 /CNW/ - Power Corporation of Canada (TSX: POW) ("Power Corporation") will release its first quarter 2023 financial results on Monday, May 15, 2023, after markets close.
R. Jeffrey Orr, President and Chief Executive Officer, and Gregory D. Tretiak, Executive Vice-President and Chief Financial Officer, will discuss the results in a conference call and live audio webcast on Tuesday, May 16, 2023 at 8:30 a.m. (Eastern Time).
To listen via telephone, please dial 1-800-319-4610 toll-free in North America or 416-915-3239 for local calls made in the Toronto area.
A replay of the conference call will be available from May 16, 2023 at 11:30 a.m. (Eastern Time) until August 9, 2023 by calling 1-855-669-9658 toll-free in North America, using the access code 3002#.