Notice of Appointment - Yannick Laniel - Chief Financial Officer

Montréal, le 19 octobre 2020 Welcome home, Yannick!

It is with great pleasure that I announce that Yannick Laniel joins LCI Education as Chief Financial Officer.

With his extensive experience in the education sector and in fast-growing organizations, I am convinced that Yannick will be a key player in our future success. He possesses operational and strategic skills; has an excellent mastery of international taxation and has years of experience working for both private and public companies with solid reputations.

Originally from Quebec, Yannick has spent the last few decades working in the United Kingdom and has acquired a wealth of experience on the international scene.

An expert in his field, Yannick has a very impressive track record!

After his studies at HEC Montreal, he began his career at KPMG in London, England, in 2003, where he obtained the title of Chartered Accountant. He then held various positions in Finance, including in the airline, retail and digital media sectors. Most recently, he led the Finance department at Galileo Global Education, the world's second largest education group with revenues of over $2 billion. There he oversaw the organization's rapid growth and entry into new markets.

He joins LCI Education at another key moment in our history, where last March, our family completed its second generational transfer in 62 years, where we welcomed the Caisse de dépôt et placement du Québec as financial partners, and as we continue to reposition ourselves despite the impact of the coronavirus. We will do so by focusing on accelerating our digital shift, operational excellence and aim for the highest possible level of satisfaction among our learners and colleagues.

I am pleased that Yannick has chosen our organization - and Montreal - to pursue his career. Our colleagues will be very fortunate to learn from such a humble and experienced colleague.

Claude Marchand