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BCE Board to nominate Louis Vachon as Chair of the Board in May 2026 following the retirement of Gordon Nixon

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BCE (TSX: BCE) announced that Gordon Nixon will step down as Chair and not seek re-election at the Annual General Shareholder Meeting on May 7, 2026 upon completing his 12-year Board term.

The Board plans to nominate Director Louis Vachon as Chair, contingent on his re-election. Vachon joined the Board in 2022 and serves on the Management Resources and Compensation Committee and the Risk and Pension Fund Committee. Management expressed support for an orderly succession following BCE's three-year growth strategy announced at Investor Day.

BCE (TSX: BCE) ha annunciato che Gordon Nixon lascerà la carica di Presidente e non si ricandidarà all'Assemblea Generale Annuale degli Azionisti il 7 maggio 2026, al completamento del suo mandato di 12 anni nel Consiglio.

Il Consiglio intende nominare il Direttore Louis Vachon come Presidente, condizionato alla sua rielezione. Vachon è entrato nel Consiglio nel 2022 e ricopre i ruoli nel Management Resources and Compensation Committee e nel Risk and Pension Fund Committee. La direzione ha espresso supporto per una successione ordinata a seguito della strategia di crescita triennale annunciata durante Investor Day.

BCE (TSX: BCE) anunció que Gordon Nixon dejará su cargo de Presidente y no buscará la reelección en la Junta General Anual de Accionistas el 7 de mayo de 2026, al completar su mandato de 12 años en la junta.

La Junta planea proponer al Director Louis Vachon como Presidente, condicionado a su reelegirse. Vachon se unió a la Junta en 2022 y forma parte del Management Resources and Compensation Committee y del Risk and Pension Fund Committee. La dirección expresó su apoyo a una sucesión ordenada tras la estrategia de crecimiento de BCE de tres años anunciada durante el Investor Day.

BCE (TSX: BCE)Gordon Nixon이 의장직에서 물러나 12년간의 이사회 임기를 마친 뒤 2026년 5월 7일 개최되는 연례 일반 주주 총회에서 재선에 도전하지 않을 것이라고 발표했습니다.

이사회는 재선 여부에 따라 Louis Vachon 이사를 의장으로 지명할 계획입니다. Vachon은 2022년 이사회에 합류했고 Management Resources and Compensation CommitteeRisk and Pension Fund Committee에서 활동하고 있습니다. 경영진은 Investor Day에서 발표된 BCE의 3년 성장 전략에 따라 원활한 승계에 대한 지지를 표명했습니다.

BCE (TSX: BCE) a annoncé que Gordon Nixon quittera son poste de Président et ne sollicitera pas une réélection lors de l'Assemblée générale annuelle des actionnaires le 7 mai 2026, à l'issue de son mandat de 12 ans au conseil.

Le conseil prévoit de nommer le Directeur Louis Vachon comme Président, sous réserve de sa réélection. Vachon a rejoint le conseil en 2022 et siège au sein du Management Resources and Compensation Committee et du Risk and Pension Fund Committee. La direction a exprimé son soutien à une succession ordonnée suite à la stratégie de croissance triennale annoncée lors de l'Investor Day.

BCE (TSX: BCE) gab bekannt, dass Gordon Nixon als Vorsitzender zurücktreten wird und sich bei der jährlichen Hauptversammlung der Aktionäre am 7. Mai 2026 nach Abschluss seiner 12-jährigen Amtszeit im Vorstand nicht erneut zur Wahl stellen wird.

Der Vorstand plant, Direktor Louis Vachon als Vorsitzenden vorzuschlagen, vorbehaltlich seiner Wiederwahl. Vachon ist 2022 in den Vorstand eingetreten und gehört dem Management Resources and Compensation Committee sowie dem Risk and Pension Fund Committee an. Das Management äußerte Unterstützung für eine geordnete Nachfolge nach BCEs dreijähriger Wachstumsstrategie, die am Investor Day angekündigt wurde.

BCE (TSX: BCE) أعلنت أن غوردون نيكسون سيتنحى عن منصب رئيس المجلس ولن يسعى لإعادة انتخابه في اجتماع الجمعية العامة السنوية للمساهمين في 7 مايو 2026 عند إكمال فترته البالغ 12 عاماً في المجلس.

يخطط المجلس لتزكية المدير لويس فاشون كرئيس، رهناً بإعادته الانتخاب. انضم فاشون إلى المجلس في 2022 ويشغل عضوية Committee الموارد والإدارة والتعويضات وRisk and Pension Fund Committee. أعربت الإدارة عن دعمها لخلاصة انتقال منظم عقب استراتيجية النمو لمدة ثلاث سنوات التي أُعلنت في يوم المستثمر.

BCE (TSX: BCE)宣布,Gordon Nixon 将在完成其 12 年董事会任期后,于 2026 年 5 月 7 日 的年度股东大会上卸任董事长并不寻求连任。

董事会计划提名董事 Louis Vachon 为董事长,前提是他获得连任。Vachon 于 2022 年加入董事会,担任 Management Resources and Compensation CommitteeRisk and Pension Fund Committee 的成员。管理层对在 Investor Day 公布的 BCE 三年增长战略基础上实现有序接替表示支持。

Positive
  • Planned succession with nomination for May 7, 2026
  • Continuity: nominee Louis Vachon is a current director since 2022
  • Governance experience: Vachon serves on two board committees
Negative
  • Nomination contingent on shareholder re-election on May 7, 2026
  • Loss of long-tenured chair after Gordon Nixon's 10-year chairmanship

MONTRÉAL, Oct. 29, 2025 /PRNewswire/ - BCE (TSX: BCE) (NYSE: BCE) announced today that Gordon Nixon, who will reach the end of his 12-year term in 2026, will step down as Chair and not seek re-election as a Director at the Annual General Shareholder Meeting on May 7, 2026. Mr. Nixon joined the Board in 2014 and served as Chair for 10 years.

As part of the Board's renewal and succession plan, the Board plans to nominate BCE Director Louis Vachon C.M., O.Q., as Chair of the Board of Directors, contingent upon his re-election as a Director by BCE shareholders. Mr. Vachon joined the BCE Board in 2022 and is a member of the Management Resources and Compensation Committee and Risk and Pension Fund Committee.

"It's been an honour to serve as Chair of the BCE Board for the past 10 years. Bell is a storied company with services that touch the lives of so many Canadians. With the successful announcement of BCE's three-year growth strategy shared at Investor Day, I'm pleased to announce Louis' nomination as Chair in May 2026. Louis is an outstanding business and community leader, and we are fortunate that he will lead the Board forward."

-       Gordon Nixon, Chair of BCE Inc. and Bell Canada

"I would like to sincerely thank Gord for his leadership, guidance and counsel as we've reenergized Bell. And I'm thrilled that Louis has agreed to serve as our next Chair. I've witnessed his invaluable service to the Board over the last three years, drawing on his significant experience as a corporate director and his many years as President and CEO of National Bank of Canada. Shareholders have benefitted from his leadership and corporate governance expertise over the past few years, and I look forward to working with him as Chair."

-       Mirko Bibic, President and CEO, BCE Inc. and Bell Canada

About BCE

BCE is Canada's largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we're keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.


__________________________


1 Based on total revenue and total combined customer connections.

Media inquiries
Ellen Murphy
media@bell.ca

Investor inquiries
Krishna Somers
krishna.somers@bell.ca 

Cision View original content:https://www.prnewswire.com/news-releases/bce-board-to-nominate-louis-vachon-as-chair-of-the-board-in-may-2026-following-the-retirement-of-gordon-nixon-302597503.html

SOURCE Bell Canada (MTL)

FAQ

When will Gordon Nixon step down as Chair of BCE (TSX: BCE)?

Gordon Nixon will step down and not seek re-election at the Annual General Shareholder Meeting on May 7, 2026.

Who has the BCE Board nominated to succeed Gordon Nixon as Chair (BCE)?

The Board plans to nominate Director Louis Vachon as Chair, contingent on his re-election on May 7, 2026.

What is Louis Vachon's background on the BCE board (BCE)?

Louis Vachon joined BCE's Board in 2022 and serves on the Management Resources and Compensation Committee and the Risk and Pension Fund Committee.

Could Louis Vachon fail to become Chair of BCE (BCE)?

Yes. His appointment as Chair is contingent on shareholders re-electing him at the May 7, 2026 meeting.

How does BCE describe the timing of the leadership change (BCE)?

BCE frames the change as part of a Board renewal and succession plan aligned with its three-year growth strategy announced at Investor Day.
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