Canada’s Manitoba Telecom Services (MTS Allstream) has announced its long-serving CEO Pierre Blouin plans to retire later this year.
The Winnipeg, Manitoba-based company said its board of directors has started searching for a successor and expects to…
Canada’s Manitoba Telecom Services (MTS Allstream) has announced its long-serving CEO Pierre Blouin plans to retire later this year.
The Winnipeg, Manitoba-based company said its board of directors has started searching for a successor and expects to be able to name one before Blouin leaves to ensure an orderly transition. No specific departure date was given.
Blouin, who has led the regional telco since the end of 2005, has agreed to help with the transition process.
Manitoba board chair David Leith said Blouin had done “an exemplary job” as CEO during a decade of significant change and strong competition across MTS, which offers fixed, mobile, internet and TV services in Manitoba, and Allstream, a telco and ISP serving business customers.
“Under Pierre’s leadership, the company transformed Allstream from a pure legacy telecom provider into a focused and successful national IP provider with a significantly reduced cost structure and industry-leading customer satisfaction levels,” he said.
Leith also praised Blouin’s work at MTS, saying he and the rest of the management team have consistently delivered high operating metrics and maintained a strong balance sheet.
Manitoba said both internal and external candidates will be considered in the CEO search, which global executive recruiters are assisting with.
Last October, the Canadian government blocked Egyptian businessman Naguib Sawiris’ planned C$520m (US$497m) purchase of Allstream, citing national security concerns.
