Desmarais Family Picks Ex-Banker O’Sullivan to Replace Orr as Power CEO

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Why This Matters

Power Corp. of Canada has appointed James O'Sullivan as its new CEO, replacing Jeffrey Orr, who will take on the role of vice-chair. O'Sullivan, a former investment banker, brings new leadership to the company. This change may signal a shift in Power Corp.'s strategy.

Market Impact

Market impact analysis based on neutral sentiment with 65% confidence.

Sentiment
Neutral
AI Confidence
65%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Power Corp. of Canada handed the chief executive officer’s role to former investment banker James O’Sullivan, with Jeffrey Orr stepping down to become vice-chair after six years at the helm.

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Original article published by Bloomberg on February 18, 2026.
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