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Pelletier departs Montreal Port Authority; search for next CEO under way


The Montreal Port Authority (MPA) is seeking a new leader. Last week, the port announced that President and Chief Executive Officer Patrice Pelletier had resigned.

He assumed the top post in September 2007 to succeed Dominic Taddeo, who retired.

Pelletier departed because he had “different perspectives from those
of the board as to the implementation of the corporate vision,” said MPA Chairman Marc Y. Bruneau in a prepared statement.

The board has created a selection committee to find Pelletier’s successor and installed Sylvie Vachon, currently vice president of administration and human resources, as acting CEO.

MPA operates the Port of Montreal — the world's largest inland port that last year handled more than 1.47 million 20-foot equivalent units. The port operates its own rail network, which is linked to CN and Canadian Pacific, and a highway system, as well as a grain terminal and marine passenger terminal.

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More News from 3/23/2009