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The former National Bank CEO is the lead investor behind the majority Canadian-owned and -operated manufacturer of dual-use communications systems. Vachon, who served as National Bank CEO from 2007 to 2021, is Marconi’s non-executive board chairman. (The Logic)
Talking point: Marconi Technologies is the product of the Vachon-led acquisition of UK-based defence and aerospace company Cobham Ultra’s tactical communications division. CEO Alain Cohen told La Presse that he hopes to make Marconi a billion-dollar company in the next three to five years. The name is a tribute to the Canadian Marconi Company, the century-old Montreal-based firm that helped develop the country’s radio network.
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