Board of Directors
The largest printer in Canada, TC Transcontinental is also one of its leading community newspaper publishers, and a publisher of consumer magazines and French-language educational resources. TC Transcontinental distinguishes itself by creating strategic partnerships that integrate the Company into its customers’ value chain. From mass marketing to highly personalized marketing, from print to digital, the Company offers its customers a multiplatform marketing communications service.
TC Transcontinental is a company whose values, including respect, innovation and integrity, are central to its operation.
TC Transcontinental (TSX: TCL.A, TCL.B, TCL.PR.D) has approximately 9,000 employees in Canada and the United States, and reported revenues of over C$2 billion in fiscal year 2014.
TC Transcontinental has set up an innovative operating structure so that it can meet the individual needs of its major customer categories. The Company's operations are grouped into two major sectors, printing and packaging, and media.
For the Company, this structure works to help publishers and commercial clients reach and keep their customers more effectively.
TC Transcontinental Printing
TC Transcontinental Printing handles all of the Company's printing, encompassing newspapers, tabloids, magazines, periodicals, catalogues, directories, four-colour books, retail flyers, newspaper inserts, and direct mail products. This sector focuses its efforts on customers who need specific printing products and services, and specializes its plants accordingly.
At October 31, 2014 TC Transcontinental Printing served customers' needs with more than 157 printing presses and printers in 26 production plants in Canada and the United States. Printing equipment includes web offset and sheet-fed printing presses, large format presses, and ink jet, laser and digital printers. These facilities offer a range of specialized services along the full extent of the graphical production line, including digital prepress services for graphics production and direct digital imaging services for increasing the efficiency of page preparation. The geographical disposition of printing facilities and the type of equipment in each enable TC Transcontinental Printing to provide local, regional and national customers with such advantages as the ability to print the same product in more than one plant simultaneously and the ability to transfer production from one plant to another to meet customer deadlines.
TC Transcontinental Printing serves a number of areas: retailing of consumer products and services, newspaper and magazine publishing, educational, trade and niche publishing, and marketing-communications, which assists organizations such as financial institutions and pharmaceutical corporations in promoting their image, marketing their products and services, and reporting to their stakeholders.
TC Transcontinental Packaging
As a result of the acquisition of Missouri-based Capri Packaging during 2014, the Company through Transcontinental Capri manufactures flexible packaging for the food industry. This business uses lamination technologies or converts multi-layered plastic films into packaging materials for cheese producers. TC Transcontinental Packaging also offers graphic services and pre-press services.
TC Media is a major Canadian media group, covering local and regional newspapers, magazines, educational publishing, digital media and distribution activities. Its media portfolio includes a number of strong national and local brands. Through more than 200 websites, comprising local and regional sites, consumer sites and financial sites, and through its many microsites and mobile sites, TC Media serves the Canadian reading public with a strong digital presence. The total offering provides a valuable service to both national and local advertisers in English and French in a range of market segments.
TC Media publishes 11 daily newspapers and approximately 165 weekly, bi-weekly, monthly and bi-monthly newspapers. These serve communities in Newfoundland and Labrador, Nova Scotia, Prince Edward Island, New Brunswick, Québec, Ontario and Saskatchewan.
Door-to-door distribution of newspapers and advertising flyers is carried out in the areas served by TC Media’s newspapers. This service and Targeo, a cross-country distribution brokerage service, carry out the distribution of over 3.1 billion printed advertising items to 12.7 million Canadian households each week.
Through Les Éditions Transcontinental, TC Media is a publisher of books in the business, wellness, cooking and personal story segments. Through Les Éditions Caractère it also publishes children's books, practical guides and supplemental educational materials.
Interactive marketing solutions serve customers with custom and branded communications, premedia and content development, a digital content management platform, permission-based e-mail marketing, database analytics, mobile marketing, and programmatic marketing.
TC Transcontinental rose from small, entrepreneurial beginnings in Québec. Through the skill of the founders and their willingness to take calculated financial risks, and thanks to the faith of early investors, the Company was set on a course leading to the major printing and media firm of today.
When it was founded in 1976, TC Transcontinental had 100 employees and revenue of $2.9 million in that first year. Revenue was earned through the printing of flyers, a fast-growing market. Innovative customer service was the catalyst for success: the Company provided design, printing and shipping services in a single supplier and a single bill, and offered four-colour printing in different formats on high quality paper.
Two years later, a network was set up to handle door-to-door distribution of the flyers printed in the Company plant. This evolved into the well-known Publi-Sac, which by 1987 was being distributed throughout Québec.
The Company's first foray into the publishing was in 1979 with the purchase of Les Affaires, which has become Quebec’s leading business publication. From this base in publishing the Company gradually built a stable of consumer and trade magazines, then weekly newspapers.
TC Transcontinental started its expansion outside of Québec three years later by opening a first flyer printing plant in Ontario. The plant was set up to serve existing customers who were active in that market. In 1985 the Company expanded both in geographical extent, by acquiring a printer in Calgary, and in service offering, by moving into newspaper printing.
Over the following 25 years the business grew through internal developments and through acquisitions large and small. Additions were made to printing, prepress and graphical design capability. Books and weekly newspapers joined the Company’s publishing business. Significant printing businesses were acquired in the United States and Mexico. Websites were launched to bring publications and services to the Internet, to the extent that today TC Transcontinental has more than 1,000 websites reaching over 13 million unique visitors per month in Canada.
During 2012 the Company divested itself of its Mexican printing operations and its U.S. export book printing business to a U.S printer in return for the acquisition of that organization’s six Canadian printing plants and its Canadian pre-media facility.
TC Transcontinental's driving force is its customers. Today, the Company’s integrated services combine the scope of the printed word with the power of digital media, a one-stop-shop approach that allows the Company to serve all its customers’ needs with high quality at a lower cost. Another key objective is to maximize the return on capital invested by shareholders and the corporation's financial partners.
TC Transcontinental is a North American leader in corporate environmental, social and governance practices.
In Spring 2015 it was listed as one of the Best 50 Corporate Citizens in Canada, in a ranking by Corporate Knights. Enterprises are ranked against their industry peers using a number of sustainability metrics which are widely used in their industries.
The Company strives to minimize the environmental footprint of its operations. One means by which it does this is by measuring air emissions, optimizing waste management, monitoring water use and wastewater quality, reducing energy consumption and expanding the scope of greenhouse gas emissions reporting. In 2014 the Company's waste recovery rate was 94.7%, for the most part from the recycling, reuse and recovery of paper. TC Transcontinental also uses environmentally-sound procurement practices. In 2014 95% of the paper it purchased was made with certified or recycled fibres. The Company also reduces the environmental impact of products and services by promoting responsible business practices in its operations.
Community involvement is another part of the Company's status as a responsible enterprise. TC Transcontinental plays it role through donations, primarily in the health and educational sectors. In 2014 more than 1% of the Company's adjusted operating income before income and taxes was donated as cash or goods and services to over 400 organizations. As an additional approach, the Company promotes the activities of certain non-profit organizations through its weekly newspapers. Finally, the Company encourages employees to participate in fundraising initiatives and supports their participation.
For more information about TC Transcontinental, please visit www.tc.tc
Isabelle Marcoux, Chair of the Board
François Olivier, President and Chief Executive Officer
Nelson Gentiletti, Chief Financial and Development Officer
Katya Laviolette, Chief Human Resources Officer
Sylvain Morissette, Chief Communications Officer
Christine Desaulniers, Chief Legal Officer and Corporate Secretary
Edward J. (Ted) Markle, President, TC Media
Brian Reid, President, TC Transcontinental Printing and TC Transcontinental Packaging
Chair of the Board, Transcontinental Inc.
Lucien Bouchard, G.O.Q.
Partner, Davies Ward Phillips & Vineberg LLP
President, Gestion Phila Inc.
Investor and Corporate Director
Vice President, Finance, Capinabel Inc.
Senior Vice President, Business Information Solutions and Education, TC Media
Rémi Marcoux, C.M., O.Q., FCA
Founder and Director, Transcontinental Inc.
Anna Martini, FCA
President, Groupe Dynamite Inc.
President and Chief Executive Officer, Transcontinental Inc.
François R. Roy
Lino A. Saputo, Jr.
Chief Executive Officer and Vice Chairman of the Board, Saputo Inc.
President and Chief Executive Officer, Sava Transmedia Inc.
Managing Partner, Trio Capital Inc.
Corporate Profile on Stockhouse
Chair of the Board
Isabelle Marcoux is Chair of the Board of Transcontinental Inc. since February 2012. She was Vice Chair of the Board of Transcontinental Inc. from 2007 and Vice President, Corporate Development from 2004. In this latter role, she was responsible for the strategic planning process and mergers and acquisitions.
Between 1997 and 2004, Ms. Marcoux was Director, Mergers and Acquisitions, as well as Director, Legal Affairs and Assistant Corporate Secretary. Before joining Transcontinental, she was a lawyer at McCarthy Tétrault LLP.
Isabelle Marcoux is a member of the boards of George Weston Limited, Rogers Communications Inc. and Power Corporation of Canada.
She is also very involved in social causes, notably with L'effet A, a Quebec initiative to propel the ambition and professional commitment of women.
Ms. Marcoux is co-chair of the 2015 Leaders Circle campaign for Centraide of Greater Montreal. She has also joined the cabinets of two major fundraising campaigns, namely for OLO Foundation and for the Young Musicians of the World Foundation. In 2013, Ms. Marcoux was Honorary Patron of the Montreal Children's Hospital Ball. In the past, she has also co-chaired a number of fundraising events, including the 2011 Grand Bal des Vins-Cœurs for the Montreal Heart Institute Foundation and the 2012 Lobster Lunch for the Tel-Jeunes Foundation. She has been actively involved in a number of fundraising campaigns for organizations such as the Foundation Montreal inc. and the Montreal Museum of Fine Arts.
In 2015, the Fédération des chambres de commerce du Québec awarded Isabelle Marcoux the Mercure Leadership Germaine-Gibara Award in the Large Business category, recognizing the exceptional contribution of a businesswoman who has demonstrated audacity and influence throughout her career and within her industry. In 2014, Ms. Marcoux was named to the prestigous list of Canada's Top 50 Business Leaders by Power & Influence magazine. In 2010 and 2012, Ms. Marcoux received the highly regarded Canada's Most Powerful Women: Top 100™ award, in the Corporate Executives category. The Top 100 is Canada's most visible award for the country's highest achieving female executives in the private, public and not-for-profit sectors. In 2010, Ms. Marcoux was named Personality of the week by La Presse and Radio-Canada in recognition of an outstanding career that has earned her positions on the boards of major Canadian companies — an achievement few women can claim. In 2007, she was a recipient of Canada's Top 40 under 40™ award, a national program which honours every year 40 Canadians under 40 who have reached a significant level of success in a private corporation, in the public service or as a member of a non-profit organization.
Ms. Marcoux holds a Bachelor's degree in Political Science and Economics, and a Bachelor's degree in Civil Law, both from McGill University. She has been a member of the Quebec Bar since 1995. She is married to François Olivier and they are the parents of two children, Jeanne and Philippe.
President & CEO
François Olivier became President and Chief Executive Officer of Transcontinental on February 20, 2008, after demonstrating leadership and vision as Chief Operating Officer of the different sectors. This prior position in his career with the Corporation enabled him to grasp the potential of the Printing and Media sectors and to put in place a powerfully adaptable infrastructure and high-calibre teams to implement the organization's development projects.
A determined businessman, François Olivier is the acknowledged architect of TC Transcontinental's breakthrough into newspaper and flyer printing, first in Canada and then in North America. Supported by seasoned managers and a solid long-term business plan, he led the Corporation to adopt advanced print technologies involving a total investment of more than $700 million, in the period from 2007 to 2010. This strategic decision ensured that TC Transcontinental Printing now operates a highly efficient and flexible platform which includes the recently acquired facilities of Quad/Graphics Canada, Inc.
Similarly, in an extremely competitive media industry, François Olivier astutely positioned TC Media ahead of the trends so that it could apply its expertise to meeting the needs of consumers attuned to targeted content and multiple platforms. The in-depth knowledge of the industry demonstrated by Mr. Olivier and his team of experienced managers enabled the Corporation to seize opportunities for growth, including the acquisition of Sun Media's 74 community newspapers in Quebec, announced in December 2013.
François Olivier is part of the new generation of managers focused on innovation, teamwork and customer satisfaction. It is his belief that corporate culture and values are key to TC Transcontinental's expansion and solid financial base.
Mr. Olivier joined TC Transcontinental in 1993 and has been a member of its Executive Management Committee since 2005. He has a B.Sc. from McGill University and is a graduate of the Program for Management Development at the Harvard Business School. As well, he sits on the Board of Directors of the Montreal Heart Institute and collaborates with Portage, a non-profit organization that helps people struggling with problems related to drug abuse. Furthermore, in Spring 2014, he joins some 20 business leaders and 12 soldiers who were wounded in Afghanistan on a 100-kilometre cross-country skiing expedition to the magnetic North Pole, sponsored by the organization True Patriot Love.