Pierre Karl Péladeau

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Pierre Karl Péladeau
MNA for Saint-Jérôme
Incumbent
Assumed office
2014
Preceded by Jacques Duchesneau
Personal details
Born Pierre-Carl Péladeau
(1961-10-16) October 16, 1961 (age 52)
Montreal, Quebec, Canada
Nationality Canadian
Political party Parti Québécois
Spouse(s) Isabelle Hervet,
Julie Snyder (2001-2014)
Children 3
Parents Pierre Péladeau
Alma mater UQAM
Université de Montréal
Occupation Businessman

Pierre Karl Péladeau (born October 16, 1961) is the former president and CEO of Quebecor Inc., Quebecor Media Inc. and Sun Media Corporation. He is the Parti Québécois MNA-elect for Saint-Jérôme.[1]

Biography[edit]

Péladeau is the son of the Quebecor founder Pierre Péladeau, along with siblings Érik Péladeau, Anne-Marie Péladeau, fr:Isabelle Péladeau,[2] fr:Simon-Pierre Péladeau, fr:Esther Péladeau and fr:Jean Péladeau.

He was educated in Montreal and Paris. He holds a degree in philosophy from Université du Québec à Montréal and a law degree from Université de Montréal. He was in a long-term relationship with Julie Snyder,[3] which produced two children, Thomas and Romy, and ended in January 2014.[4] He also has another child, Marie, who was born of his union with Isabelle Hervet, a native of France.[4]

He joined his father’s management team at an early age.

He is known to be very tough with unions and has used lock-out tactics at least 14 times.[5] He counts Brian Mulroney amongst his business associates.[3] Péladeau sits on the boards of several Quebecor companies[5] and is active in many charitable and cultural organizations. Quebecers identify him with his initials, PKP.

Business career[edit]

Péladeau first started in acquisition and business development participating in the acquisition of BCE Publitech which made Quebecor the largest printer in Canada. He played a leading role in the acquisition of Maxwell Graphics which gave the company a significant presence in the U.S. market. He also was involved in the acquisition of Donohue Inc., one of North America's most efficient pulp and paper companies.

Péladeau was appointed president of Quebecor Communications Inc. in 1991. This division included the company's main publishing assets and some distribution and retail operations.

In 1994, Péladeau relocated to Paris to help the company further its growth. As president of Quebecor Printing Europe he developed the new subsidiary through a series of acquisitions in France, the United Kingdom and Spain, building it into Europe's largest printer.

In 1997, after the sudden death of his father, he returned to the Montreal head office to assume the position of executive vice president and chief operating officer of Quebecor Printing Inc. with overall responsibility for the company's worldwide operations.

In 1998, Péladeau spearheaded the acquisition of Sun Media Corporation, making Quebecor the second largest newspaper chain in Canada.

In 1999, he carried out the acquisition of World Color Press by Quebecor Printing Inc. The acquisition created Quebecor World Inc., one of the world's largest printers. Quebecor World had, at one time, operations in 17 countries on three continents and employs approximately 35,000 employees. In 1999 the board of directors of Quebecor Inc. named him president and CEO of the company.

In 2000, he was responsible for the acquisition of Groupe Vidéotron, the largest cable TV operator in Quebec, and TVA, the largest French-language broadcaster in the country. Shortly afterwards all of the company's media properties were brought under one roof with the creation of Quebecor Media, currently one of the largest media operations in Canada. It is engaged in newspaper publishing (Sun Media Corporation), cable television, Internet access provider and local telephony (Vidéotron ltée), broadcasting (TVA Group Inc.), Web technology and integration (Nurun Inc.), Internet portals (Canoe Inc.), book and magazine publishing (Publicor and TVA Publications Inc.), retailing of books and entertainment products (Archambault Group Inc. and Le SuperClub Vidéotron ltée) and business telecommunications (Vidéotron Télécom ltée).

In 2008, Quebecor World went bankrupt.[3] He appears to blame the Royal Bank and the English Canadian business establishment for his misfortune.[3]

In March 2013, Péladeau announced he was stepping down as CEO of Vidéotron and was succeeded in May 2013 by then-President Robert Depatie.[6] Péladeau was to continue to work for the company in corporate strategy.[6]

On May 15, 2013, Péladeau was appointed by Pauline Marois to be chairman of the board of directors of Hydro-Québec,[3][5] which is the largest hydroelectric producer and distributor in Canada. He resigned in March, 2014 to pursue his political ambitions.[5]

Political career[edit]

On March 9, 2014, Péladeau announced his candidacy for election with the Parti Québécois in the riding of Saint-Jérôme, which is contiguous with the Montreal exurb of the same name just north-east of Mirabel Airport. He was not previously known to be a sovereigntist, although with pronouncements such as the fact that he wants "Quebec to be a country" and that he is "in it for sovereignty" he promptly established himself as such.[7]

The federal government chose in early March not to comment on Mr. Péladeau’s decision to embrace the PQ and Quebec sovereignty.[5] "We have no intention of getting involved in a provincial election," said Denis Lebel, federal Minister of Intergovernmental Affairs,[5] and since October 2008 the Minister of Economic Development Agency of Canada for the Regions of Quebec in Stephen Harper's government.

The leader of the political party Coalition Avenir Quebec, François Legault, and the leader of the Quebec Liberal Party, Philippe Couillard, both found the fact that an owner of more than half of the media in Quebec was candidate to become a government member to be a conflict of interest.[8] Comparisons between Peladeau and Silvio Berlusconi have been seen.[7] Peladeau had in 2010 refused to meet with John Gomery, president of the Conseil de presse du Quebec, over his withdrawal from the Conseil of two of Quebecor's newspapers, the Journal de Montréal and the Journal de Québec.[9]

Peladeau was interviewed by Radio Canada radio host Marie-France Bazzo at 8h30 on Monday 10 March 2014, the day after his candidacy announcement.[10]

References[edit]