Winnipeg Free Press - ONLINE EDITION

Paul Mahon takes over reins at Great-West Lifeco

  • Print

It was a changing of the guard at Great-West Lifeco with the retirement of both the CEO and the chairman of the board at the Winnipeg financial services company’s annual general meeting today in Winnipeg.

Winnipegger Paul Mahon, the former head of the company’s Canadian operations succeeds Allen Loney as president and CEO of the company.

The 27-year company veteran, a St. Paul’s high school and University of Manitoba grad, will take over the corner office of the company at time when it’s getting to ready to digest its latest acquisition, the $1.75 billion purchase of Irish Life that was announced in February.

Also Raymond McFeetors, former CEO and chairman of the board since 2008 is stepping down as chair and will be replaced by Jeffrey Orr.

Orr has been a director since 2002 and is the president and CEO of Power Financial Corporation, the parent company to Great-West Lifeco and IGM Finiancial. Orr is a former CEO of IGM Financial, also based in Winnipeg.

History

Updated on Thursday, May 2, 2013 at 2:49 PM CDT: Paul Mahon is the new president and CEO.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Jets' coach discusses team's loss to Red Wings

View more like this

Photo Store Gallery

  • horse in sunset - marc gallant
  • Geese fly in the morning light over Selkirk Ave Wednesday morning- Day 22– June 13, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

Would you visit Dalnavert Museum if it reopened?

View Results

Ads by Google