Power Corporation of Canada Announces the Death of The Honourable Paul Desmarais, P.C., C.C., O.Q.

Power Corporation of Canada Announces the Death of The Honourable Paul 
Desmarais, P.C., C.C., O.Q. 
MONTREAL, Oct. 9, 2013 /CNW Telbec/ - Power Corporation of Canada (TSX: POW) 
announces that The Honourable Paul Desmarais, the Chairman of the Executive 
Committee of the Corporation, and its controlling shareholder, died last night 
at the age of 86. 
Mr. Desmarais acquired control of Power Corporation in 1968. Known for his 
vision, leadership and his innate sense of entrepreneurship and for his 
profound attachment to his country, Mr. Desmarais contributed greatly to 
turning Power Corporation into an international management and holding company 
with interests across North America, Europe and Asia. 
Mr. Desmarais led Power Corporation as its Chairman and its Chief Executive 
Officer from 1968 to 1996. At that time, he passed the reins of management of 
Power Corporation to his sons. Paul Jr. became Chairman and Co-Chief Executive 
Officer and André became Deputy Chairman, President and Co-Chief Executive 
Officer. Mr. Desmarais continued to serve as a Director and Chairman of the 
Executive Committee of the Board. He remained controlling shareholder until 
his death. 
In addition to his significant contribution to Power and to Canadian business, 
Mr. Desmarais was a leader in giving back to the community through his many 
philanthropic initiatives both through the Corporation and personally. 
The Board of Directors of Power Corporation expresses its deepest sympathy to 
the Desmarais family for their loss. 
A private family funeral is to be held in the coming days, to be followed by a 
memorial service at a date to be announced by the Desmarais family. 
ABOUT POWER CORPORATION 
Power Corporation of Canada is a diversified international management and 
holding company with interests in companies in the financial services, 
communications and other business sectors in North America, Europe and Asia. 
Power Corporation had total consolidated assets and assets under management of 
$527 billion as of December 31, 2012. Power and its subsidiaries employ over 
30,000 people in NorthAmerica. Power's financial services subsidiaries, 
controlled by Power Financial Corporation, (Great-West Lifeco and its 
subsidiaries Great-West Life, Canada Life and LondonLife, and IGM Financial 
and its subsidiaries Investors Group and Mackenzie Financial) are leading 
companies in Canada in their respective sectors and serve the financial needs 
of more than 12 million people. 
To learn more, visit www.powercorporation.com.
 

SOURCE  Power Corporation of Canada 
Mr. Stéphane Lemay Vice-President, General Counsel and Secretary 514-286-7400 
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CO: Power Corporation of Canada
ST: Quebec
NI: FIN FIN  
-0- Oct/09/2013 13:17 GMT
 
 
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