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MONTY LEAVES BCE; SABIA TAKES OVER

Toronto -- The Board of Directors of BCE today announced that they have accepted the resignation tendered by Jean C...


April 24, 2002  


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Toronto — The Board of Directors of BCE today announced that they have accepted the resignation tendered by Jean C. Monty as Chairman and CEO of the corporation, effective immediately.

The Board has appointed Michael J. Sabia as CEO and Richard J. Currie as non-executive Chairman.

Sabia, previously president and COO of BCE Inc. and COO of Bell Canada, joined BCE in October, 1999 as Vice-Chairman and CEO of Bell Canada International. In July of 2000, he was named Executive VP of BCE and Vice-Chairman, Corporate Bell Canada. He was appointed president of BCE in December 2000.

Before joining BCE, Sabia was an executive of Canadian National Railway Company (CN). He joined CN as VP of Corporate Development in 1993 and held several executive positions before being appointed Executive VP and CFO in 1995.

Prior to joining CN, Mr. Sabia held a number of senior positions in the Canadian Federal Public Service, including Director-General of Tax Policy in the Department of Finance and Deputy Secretary to the Cabinet (Plans) in the Privy Council Office.

Born in St. Catharines, ON, Sabia is a graduate in economics and politics from Trinity College, University of Toronto (B.A.) and Yale University (M.A., M. Phil).


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