Air Canada announces appointment of new Chief Financial Officer

Air Canada President and Chief Executive Officer, Montie Brewer, has announced the following key executive appointment:

Michael Rousseau, formerly President, Hudson’s Bay Company, (HBC), Canada’s largest diversified general merchandise retailer, joins Air Canada as Executive Vice-President and Chief Financial Officer. Reporting directly to the CEO, he will have responsibility for the overall financial strategic direction of the airline, including all aspects of financial reporting and planning, investor relations, treasury and controller’s operations, taxation, pension administration and internal audit as well as procurement and corporate real estate. His appointment is effective October 22, 2007.

Mr. Rousseau is a chartered accountant and holds a Bachelor of Business administration degree from York University. He will be located at the
airline’s Montreal Headquarters.