Natural Resources >> CEO Interviews >> May 17, 1999

Bernard Lemaire – Boralex Inc (blx)

BERNARD LEMAIRE is Chairman of the Board and President and CEO of Boralex Inc. He is also Chairman of the Board of Cascades Inc., the paper company he founded with his father and his brothers, Alain and Laurent, in 1964. The oldest of 5 children, born in 1936, Bernard Lemaire joined the family business Drummond Pulp and Fibre in 1963, after four years of engineering studies at Sherbrooke and McGill Universities. The Lemaires started Cascades Inc. by first taking over a disaffected mill in Kingsey Falls, Quebec. Under the aggressive leadership of Bernard Lemaire, Cascades Inc. went through a rapid expansion in the 1980's to become a multinational corporation active in six countries with 12,000 employees and assets and sales of CDN$2.5 billion. Mr. Lemaire retired from Cascades Inc. as President and CEO in 1992 but is still active as Chairman of the Board and devotes a lot of time to his latest venture, the independent power production company, Boralex Inc. Mr. Lemaire sits as a member of the Board of other public companies and cumulates an impressive list of titles and recognition for his contribution to the Canadian business world. He holds two Honorary doctorates from University of Sherbrooke (1986) and University of Montreal (1995). He was named Officer of the Order of Canada in 1988, Officer of the Order of Quebec in 1995 and Chevalier de la L_gion d'honneur of France in 1998. Father of two sons and one daughter, Mr. Lemaire is a long time hunter, fisherman, skier and more recently, golfer. Profile
TWST: Give us a background summary, a brief historical view of this

company with enough information that will tell us what the company is

today and what the business of this company is today.