{"id":20012,"date":"2023-07-27T01:24:56","date_gmt":"2023-07-27T08:24:56","guid":{"rendered":"https:\/\/essential.construction\/news\/a-new-chapter-for-pomerleau\/"},"modified":"2023-07-27T01:24:58","modified_gmt":"2023-07-27T08:24:58","slug":"a-new-chapter-for-pomerleau","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/a-new-chapter-for-pomerleau\/","title":{"rendered":"A new chapter for Pomerleau"},"content":{"rendered":"

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From left: Philippe Adam, Francis Pomerleau and Pierre Pomerleau. (Photo courtesy of Pomerleau)<\/p>\n<\/div>\n

Poised to pursue its growth in Canada, Pomerleau is writing a new chapter in its history. Together with its Board of Directors, Pierre and Francis Pomerleau have announced the appointment of Philippe Adam as the company\u2019s Chief Executive Officer. He will take up his new duties in August.<\/p>\n

The appointment launches a transition process during which Pierre and Francis will gradually withdraw from their operational roles in the company. The pair will remain the company\u2019s principal shareholders and will continue to play an active role on the board. Pierre will serve as executive chairman and Francis as executive vice-chairman.<\/p>\n

Adam joined Pomerleau in 2021 as executive vice-president and chief financial officer. As part of his duties, he is also president of Pomerleau Capital, the company\u2019s private investment fund specializing in infrastructure and renewable energies. In addition, he is in charge of various key functions, including corporate strategy, logistics and procurement, legal affairs, insurance, and risk management.<\/p>\n

Adam has played a transformative role in the company\u2019s performance and helped fast-track its transformation in support of coast-to-coast growth. He has also spearheaded two of the largest transactions in the company\u2019s history, including the acquisition of Vancouver-based ITC Construction Group and the Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec\u2019s $150-million investment in Pomerleau, its third in five years.<\/p>\n

\u201cThe role and nature of our business has evolved. Today, Pomerleau is much more than a construction firm,\u201d said Pierre. \u201cOur ability to structure alternative models of delivery and financing allows us to tackle a wide range of increasingly complex projects with a sustainable development perspective. In light of the experience and leadership provided by Philippe since his arrival, he is the ideal person to oversee the company\u2019s next growth and transformation phase.\u201d<\/p>\n

Francis added, \u201cPhilippe will be able to count on the expertise and support of our committed and seasoned leadership team. He will also be able to rely on the talent of our more than 4,000 employees and workers, all of whom are building the company each day.\u201d<\/p>\n

\u201cI am honoured and privileged that Pierre and Francis have entrusted me with leading the company they have developed so remarkably, with authenticity and integrity,\u201d said Adam. \u201cI would also like to thank the Board members for their support. In taking up this new role, I am committed to preserving and promoting the Pomerleau family\u2019s unique legacy and its entrepreneurial values.\u201d<\/p>\n

Pomerleau is one of Canada\u2019s largest construction companies, with over $4.3 billion in 2022 revenues.<\/p>\n

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www.pomerleau.ca<\/a><\/p>\n<\/p><\/div>\n