Thomas Morin is appointed as TC Transcontinental’s president and CEO, effective immediately. Morin previously served as president of TC Transcontinental Packaging, beginning in 2019. He replaces Peter Brues, who is leaving the company. The company’s board also announced expanded roles for Isabelle Marcoux and Donald LeCavalier.
“We welcome Thomas Morin as president and CEO as we continue our profitable and sustainable growth journey,” said Marcoux, executive chair of the board of TC Transcontinental. “As a respected and focused leader with strong manufacturing operational excellence and people management skills, with a solid track record leading our packaging sector and integrating our numerous acquisitions, he is a natural choice to lead the company at this juncture. The board looks forward to working closely with him as we seek to sustain organic growth, optimize our return on assets and deleverage our balance sheet while pursuing our sustainability agenda.”
“I thank the board of directors and the Marcoux family for their trust and I am thrilled by the opportunity to contribute to all of TC Transcontinental’s businesses,” said Morin. “l look forward to working closely with the board and the company’s strong executive team with whom I’ve had the privilege to work for four years, as we continue to implement our company’s growth plans and sustainability agenda. I know I can count on TC Transcontinental’s unique team, culture and entrepreneurial spirit.”
Morin brings more than 27 years of international packaging experience to the table. Prior to joining TC Transcontinental, he spent 13 years at the helm of $1B+ companies, overseeing thousands of employees located in dozens of factories around the world. From 2017 to 2019, he served as VP of Southeast Asia for Amcor Flexible Packaging Asia Pacific in Singapore. Previously, he also held the position of VP of strategy, mergers and acquisitions for Amcor Flexible Packaging Europe. From 2010 to 2015, following the Alcan Packaging acquisition by Amcor, he served as VP and general manager of fresh products and capsules for Amcor Flexible Packaging Europe, in Zurich. From 2007 to 2009, he was VP and general manager, dairy, for Alcan Flexible Packaging Europe, in Paris. He also worked at Pechiney Emballage Flexible Europe, OTOR and Arthur Andersen in France.
Morin holds a degree in finance and control management from École supérieure de commerce of Lyon (EM Lyon) in France. He is fluent in French, English and Spanish.
“The board of directors thanks Peter Brues for his contribution over the years with the company, first as a board member, and then as president and CEO guiding TC Transcontinental through a challenging period while seizing growth opportunities,” stated Marcoux. “We are grateful for his dedication and commitment.”
The board also announced Marcoux becomes executive chair of the board, with oversight of strategy and corporate development. Since joining TC Transcontinental in 1997, Marcoux has played a key strategic role in the consolidation of the Canadian printing market, the company’s successful entry into packaging, and its growth through acquisitions in all the three sectors of packaging, printing and media. She has been board chair since 2012.
Chief financial officer Donald LeCavalier will take on an expanded role as executive VP and CFO.
“Donald has a deep understanding of TC Transcontinental’s businesses,” observed Marcoux. “Over his 17 years with the company, he has become a trusted advisor for the leadership team and for the board, and a key senior executive. I look forward to working closely with Thomas and Donald in creating value for all of our stakeholders.”
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