Age, Biography and Wiki
Michael Sabia is a Canadian business executive who has been the President and Chief Executive Officer of the Caisse de dépôt et placement du Québec since 2009. He is also a director of BCE Inc. and Bell Canada.
Sabia was born in St. Catharines, Ontario, and graduated from the University of Toronto with a Bachelor of Arts degree in 1975. He then earned a Master of Business Administration degree from Harvard Business School in 1979.
Sabia began his career in 1979 as a consultant with McKinsey & Company in Toronto. He then joined BCE Inc. in 1982, where he held various positions, including Vice President of Corporate Development and Chief Financial Officer. In 1994, he was appointed President and Chief Executive Officer of Bell Canada.
In 1999, Sabia left Bell Canada to become President and Chief Executive Officer of the Caisse de dépôt et placement du Québec. He was appointed to a second five-year term in 2014.
As of 2021, Michael Sabia's net worth is estimated to be $20 million.
| Popular As |
Michael John Sabia |
| Occupation |
CEO of Caisse de dépôt et placement |
| Age |
71 years old |
| Zodiac Sign |
Virgo |
| Born |
11 September, 1953 |
| Birthday |
11 September |
| Birthplace |
St. Catharines, Ontario, Canada |
| Nationality |
Canada |
We recommend you to check the complete list of Famous People born on 11 September.
He is a member of famous with the age 71 years old group.
Michael Sabia Height, Weight & Measurements
At 71 years old, Michael Sabia height not available right now. We will update Michael Sabia's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Michael Sabia's Wife?
His wife is Hilary Pearson
| Family |
| Parents |
Michael Joseph Sabia
Laura Sabia |
| Wife |
Hilary Pearson |
| Sibling |
Not Available |
| Children |
Not Available |
Michael Sabia Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Michael Sabia worth at the age of 71 years old? Michael Sabia’s income source is mostly from being a successful . He is from Canada. We have estimated
Michael Sabia's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
|
Michael Sabia Social Network
Timeline
In April 2020, Sabia was appointed Chair of the Board of Director of the Canada Infrastructure Bank.
On November 12, 2019, it was announced that Sabia would be leaving the Caisse to become head of the Munk School of Global Affairs and Public Policy at the University of Toronto. He will be appointed to the new role in February 2020.
Born in St. Catharines, Ontario, Sabia is the son of Michael Joseph Sabia and Laura Sabia; both parents are of Italian descent. He attended Ridley College also in St. Catharines. He is married to Hilary Pearson. Sabia has his undergraduate education from the University of Toronto and earned his graduate degrees from Yale University. His wife, Hilary Pearson, is the granddaughter of former Prime Minister Lester Pearson. In 2016, he was appointed as an Officer of the Order of Canada.
Sabia was named chief executive of the Caisse de dépôt et placement du Québec on March 13, 2009 to succeed Fernand Perrault. On February 15, 2017, the Caisse announced that Michael Sabia’s mandate as president and CEO has been renewed until March 31, 2021.
Sabia formerly served as CEO of BCE Inc. from 2002 through 2008.
Sabia left Canadian National to join Bell Canada Enterprises in 1999, and became chief executive in 2002 succeeding Jean Monty. In 2007, his board accepted an offer from the Ontario Teachers' Pension Plan to privatize the telecommunications company. Later that year, Sabia said he would leave Bell after the privatization deal was finalized. Sabia left Bell in July 2008 and succeeded by George Cope. By December 2008, following the collapse of the debt market, the privatization deal fell apart.
Sabia's supervisor, Clerk of the Privy Council Paul Tellier, left the public service to assume the presidency of Crown corporation Canadian National Railway in the early 1990s and subsequently persuaded Sabia to follow him to help in privatizing the company. Sabia held a number of executive positions at Canadian National Railway during the 1990, including the position of chief financial officer.
Sabia held a number of senior positions in Canada's federal public service during the 1980s and early 1990s, including Deputy Secretary to the Cabinet of the Privy Council Office.
Michael John Sabia OC (born September 11, 1953) is a Canadian businessman. Since 2009, he is president and CEO of Caisse de dépôt et placement du Québec. Sabia announced his retirement on November 12, 2019, which will be effective at the beginning of February 2020. On November 12, 2019, the University of Toronto’s Munk School of Global Affairs & Public Policy named Michael Sabia as its director.
