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CGI announces senior management appointments

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CGI announced the appointment of François Boulanger as President and Chief Operating Officer and Steve Perron as Executive Vice-President and Chief Financial Officer, effective October 1, 2022. Boulanger brings 35 years of experience and will oversee operations in North America and Asia, while Perron has 30 years of experience and will lead global financial teams. CEO George Schindler emphasized their strong leadership as pivotal for CGI's growth strategy. CGI reported fiscal 2021 revenue at C$12.13 billion, establishing its position as a leading IT and business consulting firm.

Positive
  • François Boulanger's appointment is expected to enhance operational oversight in key regions, aiding growth.
  • Steve Perron's expanded role as CFO is anticipated to strengthen financial performance and shareholder returns.
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GIB.A (TSX)
GIB (NYSE)
cgi.com/newsroom

MONTRÉAL, May 27, 2022 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) announced today that, effective October 1, 2022, François Boulanger, currently Executive Vice-President and Chief Financial Officer, will assume the position of President and Chief Operating Officer; and Steve Perron, currently Senior Vice-President and Corporate Controller, will assume the position of Executive Vice-President and Chief Financial Officer.

"The appointments of François and Steve to these new roles reflect their deep understanding of CGI's business and the IT services industry," said George D. Schindler, President and Chief Executive Officer.

In his new role, François Boulanger will oversee CGI's operations in Canada, U.S. Commercial and State Government, Asia Pacific Global Delivery Centers of Excellence, and Global IP Solutions. Jean-Michel Baticle, President and Chief Operating Officer, will continue to oversee CGI's operations in Western and Southern Europe; Northwest and Central-East Europe; Finland, Poland, and Baltics; and Spain, Italy, and Latin America. All operations in Scandinavia and Central Europe, UK and Australia, and US Federal will continue to report to George Schindler. CGI's Investor Relations function will also now report directly to George Schindler.

François Boulanger has nearly 35 years of experience in the IT and professional services industry. He joined CGI 24 years ago, and held a number of senior leadership roles before being named Chief Financial Officer in 2014.

"François is a well-regarded leader with a successful track record guiding teams around the world on a wide range of business and operational excellence strategies," added George Schindler. "His global perspective on CGI's business and the industry will further strengthen our capacity to accelerate Build and Buy profitable growth in North America and by leveraging our innovative global delivery expertise in regions worldwide."

Steve Perron has 30 years of experience in the IT and professional services industry. He joined CGI 23 years ago, and held a number of senior finance roles, before being named corporate controller in 2019. He will join the CGI Executive Committee and report directly to George Schindler.

"At CGI, financial strength is a core value—and Steve is a consummate ambassador and driver of our commitment to delivering strong, consistent financial performance for the benefit of our shareholders, clients, and employees," noted George Schindler. "As CFO, we look forward to his expanded contribution leading our global financial teams to help deliver superior returns."

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 84,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2021 reported revenue is C$12.13 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

Cision View original content:https://www.prnewswire.com/news-releases/cgi-announces-senior-management-appointments-301556452.html

SOURCE CGI Inc.

FAQ

What are the new leadership roles at CGI as of October 1, 2022?

François Boulanger becomes President and COO, while Steve Perron is appointed CFO.

What is CGI's reported revenue for fiscal 2021?

CGI reported a revenue of C$12.13 billion for fiscal 2021.

Who is the CEO of CGI?

George D. Schindler is the President and CEO of CGI.

What is the significance of the management changes at CGI?

The changes aim to strengthen operational oversight and financial performance, supporting CGI's growth strategy.

CGI Inc.

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