Ivanhoé Cambridge appoints Claude Sirois President, Ivanhoé Cambridge Retail
Ivanhoé Cambridge announces today the appointment of Claude Sirois as President, Ivanhoé Cambridge Retail. Until very recently, Mr. Sirois served as Executive Vice President, Shopping Centres, North America, Ivanhoé Cambridge Inc.
“Claude is a seasoned leader with a strong reputation in real estate, especially in the retail industry,” said Bill Tresham, President, Ivanhoé Cambridge. “He now leads our biggest business unit, consisting of 27 Canadian shopping centres, 21 of which we operate ourselves.” With his experience and his extensive knowledge of the sector, Claude is the ideal leader to leverage this business unit for our organization’s future growth.”
Mr. Tresham continued: “The changes we have made over the past few years have enabled our centres to significantly increase sales and productivity. We navigate in an environment that increasingly favours a complementary approach between ‘the click and the brick,’ or on- and offline shopping. Our centres are well-positioned to attract the best retailers and to cater to our customers’ very high expectations.”
falsefalse
Mr. Sirois will be supported by a team of very experienced leaders on the Executive Committee of the Retail business unit. Karen Laflamme joins the business unit as Executive Vice President and Chief Financial Officer. Roman Drohomirecki is appointed Executive Vice President and Chief Operating Officer, while Paul Gleeson becomes Executive Vice President and Chief Development Officer, and Nathalie Rousseau, Vice President, Asset Management.
About Ivanhoé Cambridge
Ivanhoé Cambridge, a global real estate industry leader, invests in high-quality properties and companies in select cities around the world. It does so prudently with a long-term view to optimize risk-adjusted returns. Founded in Quebec in 1953, Ivanhoé Cambridge has built a vertically integrated business across Canada. Internationally, the Company invests alongside key partners that are leaders in their respective markets.
Through subsidiaries and partnerships, Ivanhoé Cambridge holds interests in close to 500 properties, consisting primarily in office, retail, residential and logistics real estate. Ivanhoé Cambridge held more than Cdn$55 billion in assets as at December 31, 2015. The Company is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada's leading institutional fund managers. For further information: ivanhoecambridge.com.
- 30 -