Sylvie Vachon has worked at the Port Authority for 19 years.To date, Vice-President, Administration and Human Resources, she has also been Acting President and CEO since last March. “The Board of Directors of the Montreal Port Authority (MPA) has appointed Sylvie Vachon to the position of President and CEO,” today announced Michel M. Lessard, Chairman of the Board. Ms. Vachon had been Vice-President, Administration and Human Resources at the MPA since 1997. “Following a rigorous candidate search process with an independent firm, the Board of Directors selected Ms. Vachon because of her long expertise in the marine field and, in particular, at the MPA,” stated Mr. Lessard, adding that he had learned to appreciate Ms. Vachon’s thoroughness along with her leadership and her rallying personality. “Ms. Vachon is a woman who consults a lot with others and who in her decision-making takes into account the opinions of her colleagues and business partners. I am convinced that, with her, the MPA will efficiently and realistically carry out its strategic development plan in accordance with its clients’ needs and market developments,” stated Mr. Lessard. For her part, Ms. Vachon wanted to thank the Board members for showing their confidence in her by asking her to assume these responsibilities. “I accepted this new mandate with great enthusiasm. For close to 20 years now, I’ve worked at the Montreal Port Authority and my appointment simply fuels my commitment even further to this institution that is so vital, first and foremost to the Greater Montreal Region, but also to Quebec and the rest of Canada,” stated Sylvie Vachon. Sylvie Vachon has extensive experience in corporate management. She has had the opportunity to develop her expertise in the private, public and parapublic sectors. She joined the Montreal Port Authority in 1990 as Chief, Human Resources and quickly advanced to become, successively: Director, Human Resources; Vice-President, Human Resources; and Vice-President, Administration and Human Resources. To date, she has managed the departments of Financial Services, Land and Property, Procurement and Risk Management, Information Technology, Human Resources and Continuous Improvement. At the request of the Board of Directors, she has performed the duties of Acting President and Chief Executive Officer since March 17, 2009.