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Molson to succeed Boivin as Canadiens' president

Monday, 07.05.2010 / 3:40 PM / 2010 Offseason News

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Molson to succeed Boivin as Canadiens' president
Molson to succeed Boivin as Canadiens' president
The Board of Directors of CH Group, the holding company that owns the Montreal Canadiens, the Bell Centre and evenko, announced Monday that it has adopted a succession plan to ensure a smooth transition in its corporate leadership at the conclusion of the next fiscal year, on June 30, 2011. This is in accordance with Geoff Molson’s decision to assume the position of president and chief executive officer.

The plan calls for Pierre Boivin to stay on as president and CEO of the Canadiens and evenko until the end of the transition period. He will work closely with Molson, who will assume Boivin’s duties on June 30, 2011.

"From the moment he was hired by Molson Inc., 11 years ago, Pierre undertook to transform the organization by modernizing it, developing fan passion and loyalty, particularly through the team’s centennial celebrations, and creating value in all of our sports and entertainment operations," Molson said in a statement. "We have been able to count on his loyalty and unfailing support since we purchased the team and both the Board of Directors and I greatly appreciate being able to rely on his expertise, experience and cooperation during the coming year to ensure that our plan is executed successfully. To this end, we have invited Pierre, and he has accepted, to join the board of directors of CH Group."

"Ever since I took on the management of the Montreal Canadiens and related businesses, I have had the privilege of working with owners and employees who were passionate about hockey and entertainment, committed to the team’s success, respectful of our fans and the entire community, and determined to create a unique experience for our patrons at the Bell Centre," Boivin said in a statement. "The confidence and unflagging support of our owners combined with the skills and commitment of all of our employees allowed our organization to achieve ever more ambitious goals."
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— New York Islanders coach Jack Capuano after their win vs. the Pittsburgh Penguins on Friday
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