A recent Financial Post article says mistakes made by CEOs deliver important lessons about conduct for those governing other companies. Richard Leblanc, a professor in the School of Administrative Studies at the Faculty of Liberal Arts & Professional Studies who specializes in corporate governance, was quoted in the article, which discusses the recent resignation of Air Canada’s CEO, Michael Rousseau.
Rousseau announced that he would step down from the role after facing criticism for delivering a condolence announcement in English following the airline accident at LaGuardia Airport that led to the death of two Air Canada pilots.
Leblanc says that the CEO lacked a key skill needed for the governance of a national, bilingual airline and that this is a teachable moment for boards in Quebec. This was the second time the CEO failed to make the effort to speak French publicly, which he said diminished his credibility.
Leblanc is a leading expert in corporate governance and accountability. He is lawyer, public speaker and consultant and has taught corporate governance at Harvard University. He is a Fellow of the Institute of Certified Management Consultants of Ontario and an academic fellow of the International Council of Management Consulting Institutes.
Read the full article in the .