Transat has appointed Patrick Bui as Chief Financial Officer effective November 15, 2021. Mr. Bui joins the company from Kruger Energy, a renewable energy producer with operations throughout the Americas, where he served as Chief Financial Officer.
On Thursday (October 7, 2021), Transat A.T., Inc., announced the appointment of Patrick Bui as the company’s new Chief Financial Officer, effective November 15, 2021. Most recently, Mr. Bui served as CFO for Kruger Energy, a renewable energy producer with operations across the Americas. Previously, he worked as an investment banker and advisor on financial and growth strategies and M&A at several firms including RBC Capital Markets and Morgan Stanley. Additionally, he has served as a policy advisor to the Minister of Finance of Quebec. Mr. Bui holds an MBA from INSEAD and a BBA from HEC Montréal, as well as a CFA designation.
In Thursday’s announcement, Transat’s President and Chief Executive Officer, Annick Guérard, said,
“I am very pleased to welcome Patrick to the Transat team. His experience in the financial management of a company operating in a rapidly changing industry will be invaluable in helping Transat implement its strategic plan, optimize its capital structure and achieve the Company's new ambitions in the wake of the pandemic crisis. I would like to thank Jacques Simoneau, who is acting as interim CFO until Patrick arrives. His help and support have been invaluable over the past few months.”
Also commenting on his new role as Transat’s CFO, Patrick Bui said,
“I am eager to join Transat to participate in the restart of its operations and in its development in the coming years. I am honoured to join a company whose brand shines brightly in Quebec, and which has just been acclaimed World's Best Leisure Airline once again.”
Celebrating 35 years of service, Montreal-based Transat A.T. Inc. (TSX: TRZ), the parent company of Air Transat, has 5,000 employees and is the third largest airline in Canada, as well as the leading integrated tourism company. Transat offers vacation packages, hotel accommodations and air service to more than 60 destinations in over 25 countries in the Americas and Europe (pre-pandemic figures). Air Transat has been voted the ‘World’s Best Leisure Airline’ at the Skytrax World Airline Awards.
Source: Air Transat