MONTREAL, April 5, 2016 /CNW Telbec/ - SNC-Lavalin (TSX:
SNC) is pleased to announce that, effective today, Sylvain Girard has been appointed as Executive
Vice-President and Chief Financial Officer, succeeding Alain-Pierre Raynaud who is leaving the company
to pursue other opportunities. Sylvain
Girard joined SNC-Lavalin in August
2014 and has been Corporate Controller since June 2015.
"Sylvain Girard's appointment
comes as we progress to the next stage of our evolution. His
leadership, deep finance expertise, international experience and
strong understanding of our business make him the right person to
take over the CFO role as we continue fostering a culture of
efficiency and execution. I look forward to working with Sylvain on
a number of important areas of financial improvement, including
meeting our targets and improving overall financial performance.
Since joining us, he has successfully helped the Power sector
restructure and improve its peformance, and more recently as
Corporate Controller, he delivered strong results in driving
process efficiency in Finance. In 2015, his involvement in the STEP
Change program helped us reduce costs and deliver increased
competitiveness and agility," commented Neil Bruce, President and CEO.
"I thank Alain-Pierre for his substantial contributions to the
company during the most challenging time in its history. His
leadership helped us turn the company around and deliver good
financial performance in the latter half of 2015. He leaves
SNC-Lavalin a stronger company that is better positioned to
sustainably grow profitably and maximize shareholder value,"
concluded Mr. Bruce.
Alain-Pierre Raynaud stated: "I
take pride in our accomplishments over the past three years.
SNC-Lavalin is today stronger and on the right path to sustainable
financial performance. I will be returning to France and am leaving Quebec with very fond memories."
Mr. Girard joined SNC-Lavalin in August
2014 as Senior Vice-President, Finance, in the Power
business sector. In June 2015, he
took on the role of Senior Vice-President and Corporate Controller,
overseeing the company's global financial affairs and strengthening
the finance function. He brings over 20 years of global finance
experience, with 14 years as CFO in the financial services and
health care sectors of GE in Europe, where he led European teams of finance
professionals in a multitude of countries. His broad experience
includes strategic planning, forecasting, M&A, cost control,
auditing, risk management, and improving cash performance,
financial controls and profitability. He holds a Bachelor of
Commerce degree in Finance and International Business from
McGill University.
› About SNC-Lavalin
Founded in 1911, SNC-Lavalin is one of the leading engineering and
construction groups in the world and a major player in the
ownership of infrastructure. From offices in over 50 countries,
SNC-Lavalin's employees are proud to build what matters. Our teams
provide engineering, procurement construction, completions and
commissioning services together with a range of sustaining capital
services to clients in our four industry sectors, oil and gas,
mining and metallurgy, infrastructure and power. SNC-Lavalin can
also combine these services with its financing and operations and
maintenance capabilities to provide complete end-to-end project
solutions. www.snclavalin.com
SOURCE SNC-Lavalin