Lamarre Steps Down At SNC-Lavalin
Jacques Lamarre, president and chief executive officer of SNC-Lavalin Group, retires on May 7 and will "pass the baton" to his successor, Pierre Duhaime.
Jacques Lamarre, president and chief executive officer of SNC-Lavalin Group, retires on May 7 and will “pass the baton” to his successor, Pierre Duhaime.
Lamarre has been with the Montreal-based company for 42 years since he joined Lavalin in 1967 as a civil engineer. He has been president and CEO for the last 13 years. The company is Canada’s largest engineering and construction company with offices in 35 countries and projects in 100 countries. It reported net income of $312 million in 2008.
In a statement, Lamarre said: “SNCLavalin has been a second family for me, somewhere I felt at home. I have had the privilege of meeting and working with so many people of high calibre on SNC-Lavalin’s multicultural teams across Canada and around the world, as well as those of our clients. This has always given me immense pleasure, and part of me says I would like this to go on forever.”
Lamarre said he has no doubt that Pierre Duhaime “will take this great company to new levels.” Duhaime is currently executive vice president in charge of SNC-Lavalin’s worldwide mining and metallurgy activities.