Canadian Press NewsAlert:Head of Videotron to replace Peladeau as Quebecor CEO | iNFOnews | Thompson-Okanagan's News Source
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Canadian Press NewsAlert:Head of Videotron to replace Peladeau as Quebecor CEO

Robert Depatie, chief executive of Videotron Inc., is shown Thursday, September 9, 2010 in Montreal. Depatie has been appointed new president and CEO of Quebec-based media giant Quebecor. THE CANADIAN PRESS/Ryan Remiorz

MONTREAL - Pierre Karl Peladeau is stepping aside as president and chief executive of Quebecor Inc. (TSX:QBR.B) and Quebecor Media Inc. but will remain with the companies and oversee corporate strategy. The new president and CEO of the Quebec-based media giant will be Robert Depatie, who has been president and CEO of Quebecor's Videotron cable and telecom service since 2003. The changes will take effect in May when Quebecor holds its annual meeting in Montreal.

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