PELADEAU STEPS ASIDE AT QUEBECOR

Mar 14, 2013

By Michael Kramer

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Shares in one of the country’s largest media and telecom companies are down 4.5 per cent today on a shake-up at the top.

After 14 often tumultuous years as head of Quebecor, Pierre Karl Peladeau is stepping aside as president and chief executive.

Pierre Karl Peladeau is  known as P-K-P and is the son of founder  Pierre Peladeau.

The son will remain as chairman of its main subsidiary, Quebecor Media, but says he wants to devote his life to his family and philanthropic activities.

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