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Ian O. Ihnatowycz Institute for Leadership · Thomas Watson

Former SNC-Lavalin CEO Jacques Lamarre once promised an Algerian contact he’d send him a polar bear

Feb 4, 2013

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Not too long ago, then head of Montreal-based SNC-Lavalin Jacques Lamarre was basking in the glory of turning a Canadian company into a global success story. Today, the engineering giant’s reputation is in tatters amid allegations of bribery at home and abroad. Authorities are focused on actions taken after Lamarre retired in 2009, but the culture he built while delivering shareholders a 1,486% return during 13 years at the helm has been called into question.

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