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Old Mar 30, 2026 | 6:05 am
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Michael Rousseau to Retire

There was an announcement that came across Bloomberg TV that Roussea is to retire. Found an announcement on the following:

https://www.streetinsider.com/Corpor...is%20departure.

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Old Mar 30, 2026 | 6:10 am
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Michael Rousseau to Retire

As indicated in PR. He will retire by end of 3Q.

Who will succeed him - Mark?

https://www.streetinsider.com/dr/news.php?id=26237454&gfv=1
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Old Mar 30, 2026 | 6:25 am
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Can mark speak French?
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Old Mar 30, 2026 | 6:28 am
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Mark Galardo can - I think thats his first language, Im not sure about Nasr.

Looks like theyre looking internally and externally.

Bring back Ben Smith

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Old Mar 30, 2026 | 6:30 am
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Originally Posted by ChrisA330
Mark Galardo can - I think thats his first language, Im not sure about Nasr.

Looks like theyre looking internally and externally.

Bring back Ben Smith
Air France KLM stock is not doing too hot though.
The right person should be someone in United or Delta, but the French requirement is gonna cross those folks off
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Old Mar 30, 2026 | 6:32 am
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Straight from the horse's mouth Air Canada Board of Directors announces the retirement of President and Chief Executive Officer
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Old Mar 30, 2026 | 6:41 am
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Originally Posted by Jumper Jack
Can mark speak French?
If he can say even just one additional word than "Bonjour", that will be a huge improvement. LOL

Here's the official releases, in both languages of course!
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Old Mar 30, 2026 | 6:50 am
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Guessing the timing of the announcement was accelerated, even if they had a process underway already.
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Old Mar 30, 2026 | 7:10 am
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The Board will consider a number of performance criteria in assessing candidates including the ability to communicate in French.
As a national company, being able to speak both official language is an asset for sure.
However, I'd consider other skills more relevant to the role itself, i.e. the ability to lead a company is more important than being able to speak French (that's the Comms and PR teams' job to ensure the message is communicated to all audiences).

The Federal government's official language policy has heavily in favour of hiring Francophone over other competencies.
Often times people with the "right" language profile get parachuted in position they are unqualified for solely because of their ability to speak French and they couldn't find someone with relevant skills that could speak French.
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Old Mar 30, 2026 | 7:19 am
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Originally Posted by Leyland1989
As a national company, being able to speak both official language is an asset for sure.
However, I'd consider other skills more relevant to the role itself, i.e. the ability to lead a company is more important than being able to speak French (that's the Comms and PR teams' job to ensure the message is communicated to all audiences).

The Federal government's official language policy has heavily in favour of hiring Francophone over other competencies.
Often times people with the "right" language profile get parachuted in position they are unqualified for solely because of their ability to speak French and they couldn't find someone with relevant skills that could speak French.
Why would national company ceo speak French be treated as an asset?

I don't recall current ceo of Scotiabank or RBC or TD speak French.

The simplist solution is move AC hq to Toronto... which is AC largest market anyways.

An airline ceo should measured on :
- Operations (OTP, Cancelation)
- Financial performance
- Hard and soft products
- Labor relations
- Long term strategy
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Old Mar 30, 2026 | 7:20 am
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Has everyone forgotten his gaffe with admitting to Section 107 being one of the main considerations during FA bargaining? Maybe the government wanted him out as well, but instead of using that, another opportunity came up to push the board to act on a quicker timeline instead?
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Old Mar 30, 2026 | 7:21 am
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Originally Posted by ChrisA330
Mark Galardo can - I think thats his first language, Im not sure about Nasr.

Looks like theyre looking internally and externally.

Bring back Ben Smith
Based on their history of loving Bean Counters, John Di Bert may have the inside track.

https://www.aircanada.com/media/john-di-bert/

Based on Nasr's less than stellar communications performance during the strike, he doesn't really come off as seasoned enough to be CEO and deal with Bay St.

Originally Posted by YYC traveler
Was probably tired of getting roasted on FT

Last edited by Adam Smith; Mar 30, 2026 at 9:08 am Reason: Merge consecutive posts by same user
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Old Mar 30, 2026 | 7:25 am
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Originally Posted by billdokes
Based on their history of loving Bean Counters, John Di Bert may have the inside track.

https://www.aircanada.com/media/john-di-bert/

Based on Nasr's less than stellar communications performance during the strike, he doesn't really come off as seasoned enough to be CEO and deal with Bay St.
Di Bert makes Rousseau looks like he exudes charisma.

Originally Posted by Jumper Jack
The simplist solution is move AC hq to Toronto... which is AC largest market anyways.
They can't: https://laws-lois.justice.gc.ca/eng/...0.1/index.html

Last edited by Adam Smith; Mar 30, 2026 at 9:08 am Reason: Merge consecutive posts by same user
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Old Mar 30, 2026 | 7:31 am
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Originally Posted by ChrisA330
Maybe that's why our banks are doing relatively well with global footprint while AC is screeching by.

We are a clown country if selection of CEO is dependent on candidate's ability to speak French. Does the ex head of IAG Willie Walsh(which owns Iberia) speak Spanish? Does Air France-KLM ceo speak Dutch?

Last edited by Jumper Jack; Mar 31, 2026 at 4:43 am
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Old Mar 30, 2026 | 7:33 am
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Originally Posted by Jumper Jack
Why would national company ceo speak French be treated as an asset?

I don't recall current ceo of Scotiabank or RBC or TD speak French.

The simplist solution is move AC hq to Toronto... which is AC largest market anyways.

An airline ceo should measured on :
- Operations (OTP, Cancelation)
- Financial performance
- Hard and soft products
- Labor relations
- Long term strategy
Being able to speak 4 languages is always better than 3, 3 is better than 2, 2 is better than 1.
It's an "asset" but it should never be the a factor to over look other qualifications (like it has been in GoC's hiring policy), it should only be a "tiebreaker".
If all things being equal but only A speaks French and B doesn't, I won't object A being chosen over B.
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