Paul Desmarais Wiki Biography The Honourable Paul Desmarais, Sr., Template:Post-nominals (January 4, 1927 - October 8, 2013) was a Canadian financier in Montreal. They follow in the footsteps of their late father, Paul Desmarais Sr., who built the business from . Power Corp. of Canada's Paul Desmarais Jr. and brother Andr are readying their 34-year-old sons to take over a $48 billion corporate empire In this 1993 photo, Olivier Desmarais, right, is with. . In the court action . He was 86. She passed into Eternal Life at her home surrounded by the care and comfort of her loving family. The Montreal-based company said the two, who have held the positions since 1996, will continue to play an active role in the governance of the company and maintain their positions as deputy chairman . The link in the title and this column by our friend Mark Steyn trace the sordid relationships of Paul Desmarais, . He was educated at Lakefield College School in Lakefield, Ontario. We were all most privileged to have known and worked with this remarkable man who we respected and loved so dearly. Hlne and Paul Desmarais, married 40 years, spend most of their working days on opposite ends of the enterprise spectrum. On February 14, 1942,. Power businesses include insurer Great-West Lifeco Inc. and money manager IGM Financial Inc. "Canadian banks have been able to take advantage of their booming individual, or retail, businesses in Canada to substantially grow their earnings and balance sheets," Paul Desmarais Jr., 65, said in a May 2018 speech. Donna M. (Burnett) Desmarais, 58, passed away peacefully on February 10, at Landmark Medical Center. MONTREAL - Power Corp. says brothers Andre and Paul Desmarais Jr. will retire from their long-serving roles as co-CEOs of the management and holding company. Keep it in the family with a look at some of our favorite Hollywood siblings. (Chris Young/The Canadian Press) Power Corp. says brothers Andre and Paul Desmarais Jr. will retire from their long-serving roles as co-CEOs of the management and holding company. Marilyn Denis. Despite his achievements and connections, however, Desmarais is not resting on his laurels. Desmarais' grandfather Nol Desmarais 1873-1964 (wife: Roseanna 1874-1964) founded the town of Nolville, Ontario, now part of the municipality of French River. Maurice Desmarais. He still chairs the corporation's board and is a director of many of its companies, including Canada Life and IGM Financial. Friday May 2, 2003 Paul Desmarais' Web of Influence Over Canada Desmarais reputed to have huge influence on current and past Prime Ministers LIFESITE, May 2, 2003 (LifeSiteNews.com) - For many . Son of Paul Desmarais and Marie Therese (Tetreau) Tetreault. Events There are no events at this time. At the same time, Desmarais bothers Paul Jr., 65, and Andr, 63, are relinquishing their co-CEO roles and passing the torch to longtime trusted lieutenant Jeffrey Orr, who has been CEO of Power Financial, a step below Power Corp. in the complex corporate flow chart, since 2005. Denise Chauvin 2/20/05. And Power Corp. director Michel . CJutras (Qc) 11/12/03. A Desmarais family trust owns about 15 per cent of Power Corp., but its ownership of a special class of shares, with 10 votes apiece, gives it just more than half the voting power at the company . Here is Maurice R. Desmarais's obituary. SOMERSWORTH Maurice S. Desmarais, 87, of Somersworth, N.H., died peacefully on Thursday, Sept. 30, 2010, at the Hyder Family Hospice House in Dover, N.H. Discover Paul Zimmerman's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. . . The billionaire Desmarais family will continue to control the company through its Pansolo Holding Inc. 1927-2013. He was raised Roman Catholic. company records show. #278 Jacqueline Desmarais & family on the 2014 Billionaires - Jacqueline Desmarais and her four children inherited a massive fortune left to them by her late husband Paul Desmarais, Sr. who died . Billionaires Andr Desmarais and Paul Desmarais Jr. are stepping down as co-chief executive officers of Power Corp. of Canada, part of a reorganization that sent shares of one of the country's. The Montreal-based company says the two, who have . He was educated in Biddeford schools. . Paul Desmarais. After stepping down from the helm of his company in 1996, Desmarais's sons Paul Jr and Andre became co-chief executives and split the titles of chairman and deputy chairman. He is . Register Sign In Home The shake-up makes no mention of Paul Desmarais III, 37, son of Paul Jr. and a senior vice president of Power Corp. who oversees the company's startup strategy, which includes majority owned . Learn How rich is He in this year and how He spends money? Mr. Desmarais co-ran Power Corp. with his brother, Andr, for many decades until his "retirement" last year. Paul J. Desmarais formerly of Tyngsboro, MA and lately a resident of Hudson, NH, passed away after a brief illness December 13, 2020. It is with deep sorrow that we announce the death of Maurice R. Desmarais (Agawam, Massachusetts), born in Springfield, Massachusetts, who passed away on May 5, 2022, at the age of 85, leaving to mourn family and friends. He was the father of Dawn Desmarais, former husband of Beverly (Paul) Desmarais; brother of Normand Desmarais and the late Lillian Lapre, Sheila Botelho, Edmond Desmarais, Robert Desmarais, Eugene. Share this page: 6 Sundance Award-Winning Movies to Stream Now. The figures include stock . The brothers will remain chairman and deputy chairman of the board. Paul DESMARAIS dit MARETTE died 12 December 1739 in La-Prade, Canada, New France . Birth: May 26 1838 - St-Franois-du-Lac, Qubec, Canada. chris calawa 1/06/05. In addition to his wife, he is survived by two sons, Normand Desmarais, Jr. and Jason Desmarais and his wife Rebecca; one daughter, Tonya Lee Desmarais; brothers, Robert, John, Donald, Richard, Roger, Dennis, William and Maurice Desmarais and Paulette Madora; seven grandchildren; one great-grandchild; many nieces and nephews. Canadian business tycoon Paul Desmarais Sr. has died at the age of 86, according to Power Corp. of Canada. Menu. On October 8th, 2013, we at Power Corporation and Power Financial Corporation, lost a devoted father, leader, colleague and friend. daughter Onesime Desmarais son Marie Tharsile Winegarden daughter Nil Desmarais son Louise Elizabeth Prette daughter Suzanne Desmarais daughter Emmanuel Desmarais son Clovis Desmarais son Olive Anne Desmarais daughter Agnes Dame daughter view all 16 Paul Desmarais's Timeline Genealogy Directory: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z The brothers are each eligible for annual pensions of $1.84-million, which the company estimates were worth $32-million for Paul Desmarais Jr. and $33.9-million for Andr Desmarais at the end of 2019 Jesuit Brother Paul Desmarais still has a Bible, but he's given up on the plow. Brother of Marguerite Desmarais, Therese Marie Desmarets, Marie Anne Desmarais, . His daughter, France, married Andre Desmarais, son of Paul Desmarais Sr. In August 2016, The Wall Street Journal mentions that Andr Desmarais and his brother Paul Jr. "are readying their 34-year-old sons (Olivier Desmarais and Paul Desmarais III) to take over Power Corp. Jean Chretien is connected to Desmarais by way of marriage. Paul Zimmerman was born on 8 November, 1958 in Rotterdam, Netherlands. The Desmarais family is also reported to have close connections with other family business stalwarts, including the Rothschilds and Peugeots. #276 Paul Desmarais on the 2013 Billionaires - Paul Desmarais, Sr. died on October 8, 2013. (Photo by J. Cafiso/CJI) During my novitiate, I was interested in going to India, to Darjeeling. We were all most privileged to have known and worked with this remarkable man who we respected and loved so dearly. Born in Passaic, the son of the late Paul Jean Sr., and Carolyn Mae (Weischedel) Desmarais, he lived most of his life in Nutley and Bellville prior to moving to Beachwood 2 years ago. 1927-2013. They remain at the helm today. On October 8th, 2013, we at Power Corporation and Power Financial Corporation, lost a devoted father, leader, colleague and friend. 1867 to present - Qubec, Canada. Armand Paul Desmarais was born on month day 1920, at birth place, Vermont, to Philias Desmarais and Odena Desmarais. Born on December 5, 1921 in Pembroke, she was the daughter of the late Arthur and Claudia Desmarais. Paul was born on September 9 1687, in Montral, Quebec, Canada. After my novitiate, I studied agriculture at the University of Guelph. She was born in Holyoke on November 26, 1922, a beloved daughter of the late Arthur M. and Rena A. Paul served in the Air Force from 1957-1959. The story began, says Paul Desmarais, Jr (MBA '79J), Chairman and Co-CEO, when my father, Paul Desmarais Sr., "did what they called a 'reverse takeover' He built a small bus line operating in the city of Sudbury in the early fifties into a large intercity bus company in Easter Canada, similar to Greyhound Buses in the United States. Marguerite married Paul Desmarais on month day 1715, at age 14 at marriage place. Aldea Desmarais married George Kokinacis. From its inception in the early 1600s until 1760, it was called Canada, New France. Details of the family tree of Paul appear below. The Honourable Paul Desmarais, P.C., C.C., O.Q. Send Flowers. Marie-Marguerite was the child of Pierre FONTAINE dit BIENVENUE and Marie-Marguerite ANTHIAUME . John Rae, a director and former executive at Power (brother of former Ontario premier Bob Rae), was president and a director of the Paribas Bank of Canada until 2000. Billionaires Andre Desmarais and Paul Desmarais Jr. are stepping down as co-chief executive officers of Power Corp. of Canada, part of a reorganization that sent shares of one of the country's largest financial services firms surging. Born on Jan. 31, 1959, he was the son of Maurice and Monique (Turgeon). SOMERSWORTH - Paul Desmarais, 57, of Somersworth, NH, passed on August 5 in his wife's arms at Wentworth-Douglass Hospital. Paul Desmarais, Jr. will explain how in a fireside chat with Miville Tremblay, CFA. One of Canada's richest people, he built up Power Corp. from his family's one-route Ontario . Jesuit Brother Paul Desmarais has served as director of the Kasisi Agricultural Training Centre in Zambia for 40 years. Paul G. Desmarais, Jr. Born: 3-Jul-1954 Birthplace: Sudbury, Ontario, Canada Gender: Male Race or Ethnicity: White Sexual orientation: Straight Occupation: Business Nationality: Canada Executive summary: Co-CEO of Power Corporation of Canada Father: Paul G. Desmarais (former CEO of Power Corporation) Mother: Jacqueline Desmarais Brother: Andr Desmarais (Co-CEO of Power Corporation) Desmarais was born in Sudbury, Ontario. BIDDEFORD - Leo Paul Desmarais, Sr, 86, died Friday at St Andre's health Care Facility, after a long illness. He was the loving husband of Mary (Hand) LaFlamme with whom he would have celebrated 27 years of marriage on January 9, 2021. Brother of Marie Jeanne Desmarais, Michel Desmarais, Michelle Desmarais, Jacques Desmarais, Daniel Desmarais, Marie Josephe Desmarest, Franois Desmarais, Charles Desmarais, Antoine . Paul Desmarais, Camera Department: Deux filles le matin. The brothers, who are the sons of Power founder Paul Desmarais Sr., will remain with the organization as chairman (Paul Jr.) and deputy chairman (Andre) of Power's board of directors. (Photo by J. Cafiso/CJI) April 27, 2015 Nineteenth-century missionaries arrived in Africa with a Bible in one hand and a plow in the other. Windsor/Essex County /Ontario- Ida and siblings. 78. fosters "the kind of education kids will have to have," says Paul, who heads Power Corp. with his brother Andr. . At the same time, Desmarais bothers Paul Jr., 65, and Andr, 63, are relinquishing their co-CEO roles and passing the torch to longtime trusted lieutenant Jeffrey Orr, who has been CEO of Power Financial, a step below Power Corp. in the complex corporate flow chart, since 2005. Compare DNA and explore genealogy for Pierre Paul Desmarais born 1716 St Sulpice, Canada, Nouvelle-France died 1783 Verchres, Province of Qubec including ancestors + descendants + DNA connections + more in the free family tree community. 88. The story began, says Paul Desmarais, Jr (MBA '79J), Chairman and Co-CEO, when my father, Paul Desmarais Sr., "did what they called a 'reverse takeover' . Death: Apr 6 1925. Veronique attended Our Lady of the Angels High School in Montreal and later earned her Business and Accounting degree . Armand had 7 siblings: Marie Asma Maynard , Oscar Philias Desmarais and 5 other siblings . He was born in Biddeford on January 26, 1919, a son of Arthur and Melina Petrin Desmarais. As we prepare for the 2022 Sundance Film Festival, here are 6 award-winning Sundance films from recent years you . The brothers, who are the sons of late Power founder Paul Desmarais Sr., will remain with the organization as chairman (Paul Jr.) and deputy chairman (Andre) of Power's board of directors. Federal Finance Minister Paul Martin and Daniel Johnson, about to become Quebec premier, are former employees, while John Rae, the brother of Ontario Premier Bob Rae and a longtime key adviser to Chrtien, is an executive vice-president with the company. Also learn how He earned most of networth at the age of 62 years old? Born in Lowell, MA, on May 4, 1929, Paul was the son of. He built a small bus line operating in the city of Sudbury in the early fifties into a large intercity bus company in Easter Canada, similar to Greyhound Buses in the United States. Doris I. The Desmarais brothers, sons of the family who built up the Montreal-based company, will stay on as chairman and deputy chairman. Born in Fall River, he was a son of the late Edmond and Lillian (Folger) Desmarais. Paul Desmarais Loving Husband, Brother, and Uncle Paul "Desi" J. Desmarais, 63 of Beachwood, passed away on Saturday, October 26, 2019. Please accept Echovita's sincere condolences. Obituary. He was the loving husband of Mary (Hand) LaFlamme with whom he would have celebrated 27 years of marriage on January 9, 2021. PCC is working with the Carlyle Group and the half-brother of Nicolas Sarkozy. A lawsuit against the estate of Quebec billionaire Paul Desmarais by his brother Louis will be heard on its merits rather than dismissed, a Superior Court judge has ruled. Paul J. Desmarais formerly of Tyngsboro, MA and lately a resident of Hudson, NH, passed away after a brief illness December 13, 2020. Marguerite had 12 siblings: Pierre Paul Desmarais, Michel Desmarais, Augustin Desmarais Maret, Marie Anne Desmarais, . Power Corp. paid Paul Desmarais Jr. and Andr Desmarais nearly $2.9-million apiece in 2020 as the two left their co-chief executive officer roles in a reorganization. . Neil Reilly 8/10/03. The Desmarais family is originally from Quebec and descended from Paul Desmarais who moved to Canada from Saint-Sauveur-sur-cole, le-de-France in late 1600s. Georges Desmarais 1/24/05. Ancestors. He is survived by : his daughter Dawn Desmarais (Beverly); and his siblings, Normand Desmarais, Sheila Botelho, Edmond Desmarais, Robert Desmarais, Eugene Desmarais and Donald Desmarais. Born in Lowell, MA, on May 4, 1929, Paul was the son of Napoleon Desmarais and Alda . The Canadian Press. Desmarais died at his estate at Domaine Laforest at Sagard in the . . She is survived by her husband of 38 years, Robert C. Desmarais, 61 of Woonsocket, MONTREAL - Power Corp. says brothers Andre and Paul Desmarais Jr. will retire from their long-serving roles as co-CEOs of the management and holding company. The Montreal-based company says the two, who . Power Corp. says brothers Andr and Paul Desmarais Jr. will retire from their long-serving roles as co-CEOs of the management and holding company. Re: Therese Demarais born abt 1816. He is the eldest son of billionaire Paul Desmarais Sr. and Jacqueline Desmarais. . Power Corp. says brothers Andre and Paul Desmarais Jr. will retire from their long-serving roles as co-CEOs of the management and holding company. He also attended McGill University and the University of Ottawa. profits fell 41 percent - its lowest share price since 2002. Jeffrey Orr, current CEO of the Power Financial Corp. unit, takes. Power Corp. says brothers Andre and Paul Desmarais Jr. will retire from their long-serving roles as co-CEOs of the management and holding company. The Honourable Paul Desmarais, P.C., C.C., O.Q. Jesuit Brother Paul Desmarais has served as director of the Kasisi Agricultural Training Centre in Zambia for 40 years. (Chapdelaine) Gosselin. Therese Demarais born abt 1816. If you know of an upcoming event for Paul Joseph Desmarais, please add one. The brothers will remain chairman and deputy chairman of the board. Paul Desmarais formerly Demarets. ALLENSTOWN - Veronique A. Desmarais, 99, of Allenstown passed away at Concord Hospital on Sunday, August 1, 2021. Paul Desmarais Jr. Net Worth Paul Desmarais Jr. {Net} {Worth} $2M-$10M Mother and father {Name} Will Replace Quickly Siblings Will Replace Quickly Actual {Name} Paul Desmarais Jr. {height} Will Replace Quickly Paul Desmarais Jr. Age & Date of {Birth} Talked about within the submit Paul Desmarais Jr. Qualification We're at the moment engaged . Add an event Sympathy flowers The Desmarais family is originally from Quebec and descended from Paul Desmarais who moved to Canada from Saint-Sauveur, France. Parents: Pierre-paul, Abraham Desmarais, Marie-anne Dumas (ne Foucault Dit Lemire) Siblings: Pierre Abraham-desmarais, Adline Hbert (ne Desmarais), Treffl Desmarais, Scolastique Dumas (ne Desmarais) Wife: See the entire gallery. (Gosselin) Desmarais, 98, of the Aldenville section of Chicopee, was Called Safely Home on Tuesday, June 22, 2021. The brothers are each eligible for annual pensions of $1.84-million, which the company estimates were worth $32-million for Paul Desmarais Jr. and $33.9-million for Andr Desmarais at the end of 2019 Born 9 Sep 1687 in Montreal, Canada, Nouvelle-France. Maurice R. Desmarais Obituary. He served with the US Army Air Corps during World War II. The Desmarais brothers, sons of the family who built up the Montreal-based company, will stay on as . Power Corp. co-chief executives Andre Desmarais, right, and . R. Jeffrey.