UPFRONT

Transcontinental Names CEO

MONTREAL—Remi Marcoux, founder of Transcontinental Inc., announced that he is entrusting the direction of the corporation to Luc Desjardins, who has been serving as president and COO since May of 2000. Marcoux becomes the executive chairman of the board and still retains his controlling interest in the corporation. Transcontinental has annualized revenues of $2.2 billion and about 60 plants in Canada, the U.S. and Mexico.