Latest Corporate News
Connor Teskey Appointed CEO of Brookfield Asset Management
Connor Teskey succeeds Bruce Flatt as CEO of Brookfield Asset Management, effective immediately. Flatt will remain chair of BAM’s board and CEO of Brookfield Corporation. Teskey has been with Brookfield since 2012, most recently as president.
Ghyslain Deschamps Named President and CEO of EBC
EBC appoints Ghyslain Deschamps as president and CEO effective April 15, succeeding Marie-Claude Houle. The transition emphasizes continuity after years of collaboration strengthening EBC’s position in Canadian construction.
Jean Trudel Promoted to President and CEO at Innergex
Jean Trudel is promoted from COO to president and CEO at Innergex, succeeding retiring Michel Letellier after nearly 30 years. Trudel has been with the company since 2002.
Hillcore Industrial Appoints New CEO and CFO
Hillcore Industrial names Kevin Fleury as CEO and Alan Hartslief as CFO, both previously in those roles at acquired CEDA. Hillcore focuses on management buyouts across Canada.
Jim Hannon Departs as CEO of Altus Group
Jim Hannon leaves as CEO and director at Altus Group; Mike Gordon, former CEO, becomes executive chair and will assume CEO role in Q1 2026. Raymond Mikulich resigns as executive chair but stays on the board.
La Caisse Hires Emmanuelle Leclerc-Granger as EVP and CFO
La Caisse appoints Emmanuelle Leclerc-Granger as executive vice-president and chief financial and information officer. She brings 20 years of experience, most recently from Cirque du Soleil.
U.S. Oil Futures Record Biggest One-Day Gain in Six Years
U.S. oil futures surged over $11 a barrel to $111.54, the largest daily dollar gain since April 2020. The spike follows President Trump's remarks on Iran amid Middle East conflict.
EU Emissions Trading System Faces Major Challenges
High carbon prices in the EU ETS threaten industrial competitiveness, prompting warnings of offshoring. Reforms are under discussion as political pressure drags prices down by €30 per metric ton.
US Insurance Regulators Enhance Private Credit Oversight
Regulators form task groups and update reporting to assess insurance industry exposure to private credit amid rising defaults. Changes aim for nimbler risk assessment.
Avison Young Adds Three Principals to Ontario Team
Global real estate advisor Avison Young appoints three new principals to its Occupier Services team in Ontario, including Toronto-based Jarrod. This bolsters their regional capabilities.
Marks & Spencer Criticizes London Mayor on Crime Surge
Marks & Spencer urges Mayor Sadiq Khan to prioritize policing amid rising organized crime on high streets, warning of risks to public safety.