Jean-Guy Desjardins, founder and executive chairman of Fiera Capital Corp., an independent asset-management firm, has returned as CEO.
Desjardins succeeds Jean-Philippe Lemay, who served as global president and CEO at Fiera Capital. Lemay joined Fiera Capital in 2010 and held various positions, including president and COO of the Canadian division from 2017 to March 2020.
“We thank Jean-Philippe Lemay for his service to the company,” said David Shaw, lead director of Fiera Capital’s board of directors. “The board has concluded that as the asset-management industry continues to deal with complex macro-economic challenges, Jean-Guy Desjardins is uniquely qualified to lead Fiera Capital through this period.”
Shaw added: “He has the deep respect of the company’s executive committee, most of whom he worked closely with until his transition from CEO to executive chairman 12 months ago, and his stature in the company is recognized by Fiera Capital's employ