- After 15 years on the job
- David Johnston taking over in the interim
(management-change.com) — Montreal, Québec, Canada, January 19, 2017 — Rupert Duchesne, chief executive of Aimia, takes a medical leave of absence. As announced by Aimia Inc. in a news release on Thursday, January 19, 2017, Rupert Duchesne leaves the post as Chief Executive Officer at the marketing and loyalty analytics company after 15 years on the job.
The exact date of Duchesne’s departure was not specified in the announcement.
Duchesne’s duties are taken over in the interim by David Johnston, most recently Chief Operating Officer at Aimia Inc.
“Four-month leave of absence”
Aimia said: “The Board of Directors of … Aimia Inc. … today announced that it has been advised by Group Chief Executive Rupert Duchesne that treatment for a medical condition on his physician’s advice will require him to take a four-month leave of absence.”
Share price decline
The change follows a decline in the share price of Aimia Inc. since June 2014.
Chaired by Robert E. Brown
Aimia Inc. is chaired by Robert E. Brown.
Brown has been Chairman of the Corporation since January 1, 2008.
On the job as CEO since 2002
Rupert Duchesne is Group Chief Executive of the Corporation.
In this role, Duchesne culminates more than a decade of innovative stewardship of the rapid growth of the organization from its carve-out as a division of Air Canada in 2002.
Under his leadership the Corporation has grown from a single loyalty program in a single market to a truly global enterprise with operations in over 15 countries.
Prior to his leadership role in creating Aimia, Duchesne spent twelve years in strategy and investment consulting around the world before joining Air Canada in 1996, where he held the positions of Vice President Marketing, Senior Vice President International and ultimately Chief Integration Officer, overseeing the integration of Air Canada with Canadian Airlines.
Duchesne holds a Masters in Business Administration from the University of Manchester and a Bachelor Honours degree in Pharmacology from the University of Leeds.
He is a Director of Dorel Industries and Mattamy Homes, Chair of the Board of the Brain Canada Foundation and a member of the National Council of the CD Howe Institute.
A passionate supporter of the arts, Duchesne is Vice President of the Art Gallery of Ontario’s Board of Trustees, a member of the boards of the Luminato Festival in Toronto, the Royal Conservatory of Music, and the International Festival of Authors.
Push-out Score not determined
When the reason for the departure is health-related, a Push-out Score™ is not determined.
Read the full story in the management-change.com report 04.2017 ($).