May 29, 2014 6:34 am

Brian Mulroney to become new chairman of Quebecor

Former prime minister Brian Mulroney is shown in Ottawa on Tuesday, April 8, 2014.

Justin Tang/The Canadian Press

TORONTO – Former prime minister Brian Mulroney is reportedly poised to assume greater responsibility at telecom and media giant Quebecor Inc.

The company has disclosed in a corporate filing that Mulroney, 75, will be named board chairman at its annual meeting next month.

Pierre Karl Peladeau stepped down as chairman in March when he announced plans to enter politics. Mulroney is currently vice-chairman of the board.

READ MORE: How Quebec’s press can distance itself from former boss Peladeau 

Peladeau was elected to the Quebec legislature in April and is considered a top candidate to take over the leadership of the Parti Quebecois.

The move could signal an attempt by Quebecor to put some distance between itself and Peladeau.

His political ambitions have been seen as hindering Quebecor’s efforts to expand its cellular business outside Quebec.

© The Canadian Press, 2014

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