The Bell logo on a building in Montreal. Bell chair Gordon Nixon is stepping down, the company said on Wednesday.Paul Chiasson/The Canadian Press
BCE Inc. BCE-T says Gordon Nixon will step down as chair of its board of directors and will not seek re-election as a director at the company’s annual meeting next year.
Mr. Nixon, a former CEO of RBC, in 2011.Fred Lum/The Globe and Mail
Nixon, a former Royal Bank of Canada chief executive, joined the BCE board in 2014 and served as chair for 10 years.
Former National Bank president and CEO Louis Vachon in 2016.Paul Chiasson/The Canadian Press
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The Bell Canada parent company says the board plans to nominate Louis Vachon as Nixon’s replacement as chair, contingent on his re-election as a director.
Vachon is a former chief executive of National Bank of Canada.
He joined the BCE board in 2022 and is a member of the management resources and compensation committee and the risk and pension fund committee.
BCE’s annual general shareholder meeting is set for May 7, 2026.