Peter Kruyt, President & Chair of the Board

Board of Directors

Mr. Kruyt became Senior Advisor to Power Corporation of Canada in January 2018. He is also a member of the Power Pacific Investment Management Board of Directors.

Mr. Kruyt was appointed Chairman of the Board of the McGill University Health Centre in 2017. He has also been a director at the Canadian Tennis Association since 2019, and its Chairman since May 2022.

When he joined Power Corporation in 1981, Mr. Kruyt served as Executive Assistant to Mr. Paul G. Desmarais, who, at the time, was the Chairman and Chief Executive Officer. Mr. Kruyt took over as President and Chief Executive Officer of Power Broadcasting Incorporated from 1987 to 2000 and President and Chief Executive Officer of Power Technology Investment Corporation from 2000 until 2009.

He was Chairman of Power Pacific Corporation Limited, a subsidiary of Power Corporation, one of the Corporation’s equity investment funds from 1996 to 2020. Mr. Kruyt was also Vice-President of Power Corporation from 1996 to 2017 and Vice-Chairman of Power Energy from 2012 to 2019.

He was a director of Potentia Renewables from 2010 to 2021 and of The Lion Electric Company from 2017 to 2021. Mr. Kruyt was also a director of the Asia Pacific Foundation of Canada from 2016 to 2020, of Great West Lifeco Incorporated from 2003 to 2008 and of Bellus Incorporated from 2002 to 2009.

Mr. Kruyt was a director of Bombardier Sifang Power (Qingdao) Transportation Limited and of La Presse Limited from 1985 to 2016. He also served as an alternate director on the board of CITIC Pacific Limited in Hong Kong from 2003 to 2014.

He was Chairman of the Canada China Business Council from 2003 to 2018 and director of Eagle Creek Renewable Energy Inc from 2013 to 2018. He served on the board of the St. Mary’s Hospital Foundation and of the Center for Interuniversity Research and Analysis on Organizations (CIRANO). Mr. Kruyt was also a member of the Board of Governors of Concordia University from 2000 to 2005 and served as Chairman from 2005 to 2012.

He was a member of the advisory board of the School of Business at Memorial University of Newfoundland, a director of the Canadian Association of Broadcasters and chaired the Government Task Force on Digital Radio in 1992.

Mr. Kruyt obtained a Bachelor of Commerce degree from Concordia University and an MBA from the European Institute of Business Administration (INSEAD).