A New Chapter for Great-West Lifeco Inc.
Great-West Lifeco Inc. has announced a significant leadership change that is set to shape the company’s future direction. After a long and distinguished career, Paul Mahon will be retiring as President and CEO on July 1, 2025. His departure marks the end of an era, but also brings with it a new opportunity for growth and innovation.
David Harney, a seasoned executive with extensive experience in the industry, has been appointed as the new President and CEO. His appointment is effective July 1, and he is expected to bring a fresh perspective and vision to the company. Harney’s leadership will undoubtedly have a significant impact on the company’s future prospects, and investors will be closely watching his every move.
The news of Mahon’s retirement and Harney’s appointment has likely caused some market volatility, with the company’s stock price experiencing some fluctuations. However, the exact impact on the stock price is unclear, and it remains to be seen how the market will react to this change in leadership.
As the new CEO takes over, Great-West Lifeco Inc.’s financial performance and future prospects will be closely watched. The company’s ability to adapt and innovate under Harney’s leadership will be a key factor in determining its success. With a new era beginning, investors and stakeholders alike will be eagerly awaiting the company’s next move.
Key Takeaways:
- Paul Mahon will be retiring as President and CEO on July 1, 2025
- David Harney has been appointed as the new President and CEO, effective July 1
- The leadership change is expected to have a significant impact on the company’s future direction
- The company’s financial performance and future prospects will be closely watched under Harney’s leadership