Montréal, August 21, 2014 – Manon Brouillette, President and CEO of Videotron, announces the appointment of Hugues Simard as Senior Vice President and CFO. In that capacity, Mr. Simard will be responsible for execution of Videotron's financial plan and will play a key role in achieving its business objectives in a fiercely competitive environment.
I am pleased to welcome Hugues Simard to our management team, said Manon Brouillette. Hugues is a seasoned professional who has delivered major corporate projects and has built a strong reputation within the Quebecor group. His extensive track record for strategic management and vast executive experience will make him a valuable asset in his new position. We look forward to working with him as we continue executing our corporate strategy focused on innovation and meeting customers' needs.
Hugues Simard joined Quebecor in 1998. Before coming to Videotron, he was CFO of Sun Media Corporation from 2011 to 2014. He has also served as President and CEO of Netgraphe Inc. (now Canoe.ca) and President of Quebecor World Inc.'s Commercial Printing Group. Prior to joining Quebecor, Mr. Simard occupied various positions in the financial field, including Vice President, Corporate Financing of First Marathon Securities Limited.
Mr. Simard holds a Bachelor of Applied Science (B.A.Sc.) degree in industrial engineering from the University of Toronto and an MBA from Harvard Business School.
Videotron (www.videotron.com), a wholly owned subsidiary of Quebecor Media Inc., is an integrated communications company engaged in cable television, interactive multimedia development, and Internet access, cable telephone and mobile telephone services. Videotron is a leader in new technologies with its illico interactive television service and its broadband network, which supports high-speed cable Internet access, analog and digital cable television, and other services. As of June 30, 2014, Videotron was serving 1,794,100 cable television customers, including 1,529,700 subscribers to Digital TV. Videotron is also the Québec leader in high-speed Internet access, with 1,415,600 subscribers to its cable service as of June 30, 2014. As of the same date, Videotron had 551,300 subscriber connections to its mobile telephone service and was providing cable telephone service to 1,276,200 Québec households and organizations. For the ninth consecutive year, Videotron was ranked as Québec's most respected telecommunications company, based on a Léger survey.
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