Port of Montreal’s CEO Sylvie Vachon to retire in 2020

The Montreal Port Authority (MPA) announced that Sylvie Vachon has decided to retire in 2020 after 30 years of service, including 11 years as President and Chief Executive Officer (CEO) of the MPA.

“I make this decision with a sense that I, together with my team, have contributed to a major shift and implemented structuring projects for both the Port of Montreal and our economy,” said Sylvie Vachon. “Our extensive container terminal project in Contrecoeur, which reached important milestones in 2019, will take other key steps in 2020 to carry out the project. I believe the time is right for someone else to take the helm and chart the next course in the long history of the Port, whose future is more than promising,” said Ms. Vachon.

As the Canada Marine Act states that the board of directors is responsible for choosing the CEO of a Canadian port authority, the MPA Board of Directors has already begun the selection process.

Until a successor is named, Ms. Vachon will continue to helm all Port activities and projects, particularly the next stages of the Contrecoeur project.

Source: MPA

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