My Alerts Éric Alan Caldwell, Chair of the Board of Directors of the Société de transport de Montréal (STM), is announcing the departure of Luc Tremblay, Chief Executive Officer, on April 2, 2022.
Éric Alan Caldwell, Chair of the Board of Directors of the Société de transport de Montréal (STM), is announcing the departure of Luc Tremblay, Chief Executive Officer, on April 2, 2022.
Tremblay notified the Board today that he would not renew his contract after its end date of December 31, 2022. Since the STM plans to spend 2022 preparing the 2030 Strategic Organizational Plan, which will define the next decade of company operations, the parties agreed upon an end date of April 2.
“Having spent 28 years at the STM, over seven of which as CEO, Mr. Tremblay can hold his head high knowing all that he has accomplished here,” says Caldwell. “He has worked tirelessly to guide the STM through many significant transitions and challenges, not least of which being the pandemic. Under his leadership, the STM has reached an unprecedented operational capacity—including the arrival of 300 new buses and the new Azur trains—improved the state of its infrastructures and achieved significantly higher customer satisfaction levels, which climbed 12 points in five years to 76%. His deep commitment to the company, infectious enthusiasm and constant attention to improving the customer experience have made him an inspiring leader widely known for his qualities as a manager. His many achievements will secure the future of public transit for years to come.”
“The STM is an exceptional company, and I am proud to have been a part of it,” says Tremblay. “It is one of the top ten largest companies in Quebec, with roughly 11,000 dedicated, passionate and highly skilled employees. I want to thank each and every one of them for the work they do each day. We are facing not only a health crisis but also the ongoing environmental crisis, for which there is no vaccine. The STM must play a leading role in the fight against greenhouse gases, and it now has many tools at its disposal to spearhead that fight. However, it also needs two key elements to unlock its full potential: an overhaul of public transit funding and more effective metropolitan governance. The current funding structure dates back to the 90s and is entirely disconnected from our industry’s present-day needs. The ambitions for public transit are simply no longer consistent with the available resources. Furthermore, metropolitan governance is currently dysfunctional on multiple levels and too slow to deliver the benefits that are expected of it, which has hampered the progress of public transit in the region. These issues will be the major challenges of the coming years. If the STM can meet them successfully, it will be able to rise even higher and do what it has done best for the last 160 years: transport and transform Montréal.”
Tremblay joined the STM in 1994 and has held positions at all levels of management within the Finance department. He was also the company treasurer from 2007 to 2014, after which he became CEO.
The STM Board of Directors will soon begin the process of hiring Tremblay’s successor.
Luc Tremblay, CEO of the STM
