Canadian Manufacturing

SNC-Lavalin appoints auto exec as new chief financial officer

by The Canadian Press   

Canadian Manufacturing
Manufacturing Automotive Energy Infrastructure construction engineering


Alain-Pierre Raynaud begins duties June 1, will be based at engineering giant's Montreal headquarters

MONTREAL—SNC-Lavalin has appointed an executive with experience in the automotive, energy and banking sectors in Europe and Asia as its new chief financial officer.

Alain-Pierre Raynaud begins his duties June 1 and will be based at the engineering giant’s Montreal headquarters, the company said.

He replaces Gilles Laramee, who was appointed executive vice-president of infrastructure, concessions and investments.

SNC-Lavalin CEO Robert Card said the company is pleased to have hired someone of Raynaud’s calibre.

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Raynaud holds a doctorate in economics and has spent 32 years working with global companies specializing in project management.

After beginning his career as a financial analyst, he joined Renault and later moved to Japan to lead Nissan’s financial operations.

Raynaud later became CFO of energy giant Areva, where he oversaw its organization restructuring before being named to head its U.K. division.

SNC-Lavalin is one of the leading engineering and construction groups in the world with more than $8-billion of annual revenues and $310-million of profits.

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