People before profits: the key to long-term business sustainability
Guy Cormier, President & CEO of Desjardins Group, is one of Canada’s most outspoken advocates of “Stakeholder Capitalism”, arguing that business leaders can choose to put people and communities ahead of profits in order to build a stronger, more resilient Canada.
Many businesses and leaders in the West run on maximizing profit, which many believe has contributed to our current environmental and economic challenges. On December 4th, Mr. Cormier will address the Canadian Club Toronto on his vision for the future of Canadian businesses and the role they can play in creating a better society, stronger local economies, and a more secure future.
Guy Cormier has been President and CEO of Desjardins Group since 2016. He has worked for the cooperative for 28 years, becoming a caisse general manager in 2002, Vice-President of Finance in 2009, and joining Desjardins Group’s senior management team in 2012.
Since being elected President, Mr. Cormier has worked hard to instill a strong member- and client-focused culture that resonates with all of Desjardins’s employees and directors. On top of creating the $250 million GoodSpark Fund, he’s also helped the organization grow and become a household name across the country.
As a champion of the cooperative model, shared prosperity, youth and a greener, more inclusive economy, Guy Cormier makes decisions that are based on the common good.
Mr. Cormier Guy is a graduate of HEC Montréal, where he earned both an undergraduate degree in business administration and an MBA. He also taught finance there for close to a decade. He currently sits on a number of boards and has been named a Chevalier of France’s Légion d’honneur.
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