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Charles Sirois

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Canadian politician

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Charles Sirois
Born (1954-05-22)May 22, 1954 (age 71)
Education
OccupationBusinessman
Political partyCoalition Avenir Québec

Charles Sirois,CM CQ (born May 22, 1954) is aCanadian businessman and politician. He is the founder, controlling shareholder, chairman and CEO of Telesystem Ltd., a Canadian private equity firm. Effective from March 1, 2017, he has been the CEO and chairman of OnMobile Global Ltd, India[1]

In 2011, he co-founded (withFrançois Legault) a centre-right autonomist political party,Coalition Avenir Québec.

Early life and education

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Born inChicoutimi,Quebec, he earned abachelor's degree in Finance fromUniversité de Sherbrooke and amaster's degree in finance fromUniversité Laval. He is the father of François-Charles Sirois and grandfather of Maxime Sirois.

Business career

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Sirois has had a long career in corporate management. He is currently a director of theCanadian Imperial Bank of Commerce, Cossette Communication Group and Orchestre Symphonique de Montreal.[2] He led BCE Mobile Communications from 1988 to 1990 as its chairman and CEO. Subsequently, he was chairman and CEO of Teleglobe, the leading provider of international long-distance and broadband services in Canada. He also served as chairman of Telesystem International Wireless, and founded and was chairman of Microcell Telecommunications, a GSM cellular provider in Canada best known for its Fido brand name. He was also a member of the G8 Dot Force, of the National Broadband Task Force, and was a founding member of the Washington-basedGlobal Information Infrastructure Commission (GIIC).

Sirois is known within investment circles for his purchase of Excel Communications in 1998. Excel, which was a reseller of residential long-distance services, relied on door-to-door sales andmulti-level marketing. While Sirois was able to sell Teleglobe to Bell Canada in 2000 at a price of $6.5 billion, the subsequent bursting of the internet bubble and telecom bust forced Teleglobe into bankruptcy in 2002 and the writedown of $2.1 billion of Excel.[citation needed]

Sirois is one of the founding partners of Enablis and has served as its chairman and chief executive officer from inception.

Sirois had anet worth of C$1.2 billion in 2015.[3]

Honours

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In 1994, he was made a member of theOrder of Canada in recognition for being "a visionary in the area of intercontinental communications".[4] In 1998, he was made a Knight of theNational Order of Quebec.[5]

He holds honorary doctorates fromUniversité du Québec à Montréal,University of Ottawa,Concordia University,Université Laval and theÉcole de technologie supérieure.

Published work

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In 1995, he published a book on the information highway entitled "The Medium and the Muse" (ISBN 0-88645-175-2). In his second book, published in June 2000, "Organic Management: Creating a Culture of Innovation" (ISBN 0-00-200053-9), Sirois shares his management philosophy, along with his vision of the new economy.

References

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  1. ^"OnMobile's managing director and CEO Rajiv Pancholy resigns". 24 February 2017.
  2. ^"CIBC announces appointment of Charles Sirois as Chair of the Board".
  3. ^"Canada's Richest People 2015: The Top 100 Richest Canadians". Archived fromthe original on 12 February 2018. Retrieved27 April 2015.
  4. ^Order of Canada citation (archived)
  5. ^"National Order of Quebec citation" (in French). Archived fromthe original on 21 October 2014.

External links

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Business positions
Preceded byChair of the Board ofCIBC
February 26, 2009– April 23, 2015
Succeeded by
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  • 4 U.S.-based service owned byTKO; Rogers handled Canadian distribution
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