TC Transcontinental announced the appointment of Eric Morisset as chief development officer effective Dec. 1, 2020.
Based in Montréal, Morisset will report to François Olivier, president and EO of TC Transcontinental, and will be part of the Executive Management Committee.
Since 2018, the role of corporate development officer had been held by Sam Bendavid, who was appointed earlier this year as SVP, TC Transcontinental Advanced Coatings and Procurement within TC Transcontinental Packaging.
Morisset will be responsible for the corporation’s M&A strategy and all aspects of acquisitions, divestitures and partnerships, as well as for overseeing company strategy.
“We are extremely pleased to welcome Eric Morisset as chief development officer at a time when, with our solid financial situation, we are well positioned to pursue growth opportunities through strategic, targeted acquisitions,” said Olivier.
Morisset first joined CIBC World Markets in 1994 and acted as managing director, global investment banking from 2002 to 2006.
He then transitioned to the TD Bank, where, between 2006 and 2017, he held the position of managing director and group head, Quebec Investment Banking, TD Securities.
Between 2013 and 2015, he also headed TD Securities’ New York-based Paper, Packaging and Forest Products Group. Morisset held the position of vice-chairman, Québec market for the last six years of his career at the TD Bank.
Until April of this year, he was chief business and corporate development officer, Entertainment Group at Le Cirque du Soleil.