Peter Kruyt has been Vice-President of Power Corporation since 1996. He is Chairman of Power Pacific Corporation Limited, a subsidiary of Power Corporation; of Sagard China, one of the Corporation’s equity investment funds; and, Vice-Chairman of Power Energy Corporation. He also serves as a director of Potentia Solar Inc., Eagle Creek Renewable Energy Inc. and Montréal International. He has been Chairman of the Canada China Business Council since 2003.
When he joined Power Corporation in 1981, Mr. Kruyt served as Executive Assistant to Paul G. Desmarais, who, at the time, was the Chairman and Chief Executive Officer. Mr. Kruyt was President and Chief Executive Officer of Power Broadcasting Inc. from 1987 to 2000 and President and Chief Executive Officer of Power Technology Investment Corporation from 2000 until 2009. He was a director of Great West Lifeco Inc. from 2003 to 2008, of Bellus Inc. from 2002 to 2009, of Bombardier Sifang Power (Qingdao) Transportation Ltd and of La Presse, ltée from 1985 to 2016. He also served as an alternate director on the board of CITIC Pacific Ltd. in Hong Kong from 2003 to 2014.
He served on the board of the St. Mary’s Hospital Foundation and of the Center for Interuniversity Research and Analysis on Organizations (CIRANO), and was a member of the advisory board of the School of Business at Memorial University of Newfoundland, a director of the Canadian Association of Broadcasters and chaired the Government Task Force on Digital Radio in 1992. He was also a member of the Board of Governors of Concordia University from 2000 to 2005 and was its Chairman from 2005 to 2012.
Mr. Kruyt obtained a Bachelor of Commerce degree from Concordia University and an MBA from the European Institute of Business Administration (INSEAD) in Fontainebleau, France.