Power Financial Corporation announced that its board of directors has approved the appointment of Mr. St phane Lemay as vice-president, general counsel and secretary. Mr. Lemay also becomes media spokesperson for the corporation. Mr. Lemay joined Power Corporation of Canada in 2005 as vice-president, assistant general counsel and associate secretary and was appointed to the same position at Power Financial Corporation in 2009.

Prior to joining Power, he held various executive legal and public affairs positions with companies in the telecommunications and manufacturing sectors. Mr. Lemay began his career as a lawyer in a Montreal-based national law firm. Mr. Edward Johnson is stepping down as senior vice-president, general counsel and secretary, having passed the corporation's normal age of retirement, and will assume other corporate duties within the Power group.