Power Corporation of Canada and Power Financial Corporation announced the appointment of Paul C. Genest as Senior Vice-President. Mr. Genest has an extensive background in business, academia and government. He served in a number of portfolios as a Deputy Minister in the Ontario Government, including Intergovernmental Affairs and Francophone Affairs.

He also served in the federal government in various roles, including as Director of Policy and Research in the Office of the Prime Minister of Canada. He has held executive positions with the Council of Ontario Universities and Bell Canada and has served as Adjunct Professor at Glendon College, York University.