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    SNC   CA78460T1057

SNC-LAVALIN GROUP INC.

(SNC)
  Report
Delayed Toronto Stock Exchange  -  04:00:00 2023-02-07 pm EST
30.20 CAD   +0.20%
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SNC-Lavalin - Andree-Claude Berube appointed Executive Vice-President and General Counsel

11/22/2022 | 08:48am EST

MONTREAL - SNC-Lavalin (TSX: SNC), a fully integrated professional services and project management company with offices around the world, is pleased to announce the appointment of Andree-Claude Berube to the role of Executive Vice-President and General Counsel, effective December 1, 2022.

Based in Montreal, Ms. Berube will report to Ian L. Edwards, President and CEO of SNC-Lavalin and join the Executive Committee. She will be taking over leadership of SNC-Lavalin's Legal Affairs and Integrity team, as Charlene Ripley has decided to take on a new opportunity.

Andree-Claude Berube joined SNC-Lavalin in 2020 as Associate General Counsel and Corporate Secretary. She has been working closely with the Board of Directors and the business to improve the company's governance practices and move SNC-Lavalin closer to best-in-class standards. She has recently led the Legal team's strategic transformation, implementing digital technologies and efficiency-driven initiatives to better serve the business.

'I would like to welcome Andree-Claude to our leadership team. Since her arrival at SNC-Lavalin, she has successfully led various key initiatives while demonstrating outstanding leadership skills', said Ian L. Edwards, President and CEO of SNC-Lavalin. 'Her international experience, expertise as well as her understanding of our Company and industry will surely contribute to the achievement of our global strategic plan presented at SNC-Lavalin's 2021 Investor Day.'

Prior to joining SNC-Lavalin, she was Associate General Counsel and Assistant Corporate Secretary at Sherritt International Corporation, a global mining and refining company. Over ten years, she held various leadership positions in Toronto, Madagascar, and Cuba. Before Sherritt, she also spent ten years with international law firm McCarthy Tetrault, providing commercial and regulatory counsel, more specifically in environmental and energy law.

Charlene Ripley

Since joining SNC-Lavalin in 2019, Ms. Ripley played a key role in supporting SNC-Lavalin's transformation, particularly in the strategic transformation of the Legal team, and resolving long-standing litigation matters. 'I would like to thank Charlene for her unwavering commitment and support over the last three years. We were fortunate to benefit from her experience and expertise at a time where our leadership team was laying the groundwork for our Company's new strategic direction. I wish her all the best in the future', concluded Ian L. Edwards.

About SNC-Lavalin

Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices around the world dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, technology and data to design, deliver and operate the most complex projects. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital - and delivered to clients in key strategic sectors such as Engineering Services, Nuclear, Operations & Maintenance and Capital.

Contact:

Denis Jasmin

Tel: +1 514-393-8000

(C) 2022 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
SHERRITT INTERNATIONAL CORPORATION -1.61% 0.61 Delayed Quote.19.23%
SNC-LAVALIN GROUP INC. 0.20% 30.2 Delayed Quote.26.32%
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Analyst Recommendations on SNC-LAVALIN GROUP INC.
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Financials
Sales 2022 7 591 M 5 648 M 5 648 M
Net income 2022 96,0 M 71,4 M 71,4 M
Net Debt 2022 1 824 M 1 357 M 1 357 M
P/E ratio 2022 47,9x
Yield 2022 0,26%
Capitalization 5 302 M 3 945 M 3 945 M
EV / Sales 2022 0,94x
EV / Sales 2023 0,92x
Nbr of Employees 30 989
Free-Float 99,9%
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 30,20 CAD
Average target price 35,33 CAD
Spread / Average Target 17,0%
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Managers and Directors
Ian L. Edwards President, Chief Executive Officer & Director
Jeffrey Allan Bell Chief Financial Officer & Executive Vice President
Bill L. Young Chairman
Steven Leon Newman Independent Director
Isabelle Courville Independent Director
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