Patrick Decostre (pictured) has been appointed president and chief executive officer at Canadian renewable energy business Boralex from 1 December.
Decostre started out as the Corporation’s first employee in Europe where he spent 18 years building Boralex’s footprint and making it France’s first independent onshore wind power producer.
He will succeed Patrick Lemaire who is retiring on December 31 after 14 years at the company.
Lemaire will continue on the Boralex board in an advisory role.
Chairman Alain Rhéaume said: “The Board is proud that Patrick Decostre has agreed to succeed Patrick Lemaire as president and chief executive officer and to become a member of the Board of Directors of Boralex.
“After a rigorous succession planning process, it became clear that Patrick Decostre was the ideal choice to lead the Corporation and keep the pace of Boralex’s development, as it successfully completed the first year of its 2023 strategic plan.
“Patrick has built his reputation as a seasoned manager who brings people together and is known for his in-depth understanding of the energy sector, strategic vision and development expertise. Patrick Decostre is the leader the organization needs.”
“As head of the Corporation since 2006, Patrick Lemaire’s renown has grown through his ability to drive its growth and transformation, with the help of the management teamand Boralex’s collaborators.
“Today, Boralex is an established leader in renewable energy in both Canada and France.
“He accomplished all of thisthrough his transparency, entrepreneurship and respect for everyone around him.
“On behalf of the Board of Directors, I would like to thank him for making Boralex one of the jewels of Quebec businesses that have expanded abroad.
I am also delighted that Patrick Lemaire has accepted to remain a member of the board of directors of Boralex.
“The Corporation will thus continue to benefit from his experience and advice in the coming years.”