Executive Changes at TC Transcontinental

Thomas Morin named President and Chief Executive Officer
Isabelle Marcoux named Executive Chair of the Board
Donald LeCavalier named Executive Vice President and Chief Financial Officer

The Board of Directors of Transcontinental Inc. (TSX: TCL.A TCL.B) (“TC Transcontinental” or the “Company”) today announced the appointment of Thomas Morin as President and Chief Executive Officer (CEO), effective immediately. Mr. Morin previously served as President of TC Transcontinental Packaging, beginning in 2019. He replaces Peter Brues, who is leaving the Company. The Board also announced expanded roles for Isabelle Marcoux and Donald LeCavalier.

“We welcome Thomas Morin as President and CEO as we continue our profitable and sustainable growth journey,” said Isabelle Marcoux, Executive Chair of the Board of TC Transcontinental. “As a respected and focused leader with strong manufacturing operational excellence and people management skills, with a solid track record leading our Packaging Sector and integrating our numerous acquisitions, he is a natural choice to lead the Company at this juncture. The Board looks forward to working closely with him as we seek to sustain organic growth, optimize our return on assets and deleverage our balance sheet while pursuing our sustainability agenda.”

“I thank the Board of Directors and the Marcoux family for their trust and I am thrilled by the opportunity to contribute to all of TC Transcontinental’s businesses,” said Thomas Morin. “l look forward to working closely with the Board and the Company’s strong executive team with whom I’ve had the privilege to work for four years, as we continue to implement our Company’s growth plans and sustainability agenda. I know I can count on TC Transcontinental’s unique team, culture and entrepreneurial spirit.”
more at: https://tctranscontinental.com/en-us/company-overview/news-room/press-releases/executive-changes-at-tc-transcontinental

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